Travel and Tourism in Chile to 2020

Travel and Tourism in Chile to 2020

  • October 2016 •
  • 113 pages •
  • Report ID: 4241966 •
  • Format: PDF
Summary
After sluggish growth over the last two years (0.6% in 2013 and 2.7% in 2014), Chile's inbound tourism registered a strong increase of 21.9% in 2015. The growth was primarily driven by the influx of tourists from Argentina to watch the 2015 Copa America football championship, increased air connectivity, and simplification of visa rules. International arrivals are expected to grow at an average annual rate of 6.09% over the forecast period (2016-2020) to reach six million by 2020.

Key Findings
- In a move to implement an economically viable and sustainable business model, Sky Airlines which started as a hybrid carrier offering services of full-service airline at low-cost structure is now operating as a low-cost carrier. The airline is charging for luggage, food served on board, and booking seats near emergency doors

- In the wake of growing threats from online booking platforms such as Airbnb, the Federation of Tourism Companies of Chile and Hoteliers of Chile appealed to the government saying that these platforms are involved in unfair competition. They demanded that those who hire out private rooms should comply with the same conditions expected of hotels, camping sites, hostels, and other forms of tourist lodging

Synopsis
Canadean's report - Travel and Tourism in Chile to 2020 - provides detailed information on the country's tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, expenditure, and the airline, hotel, car rental, and travel intermediaries industries.

What else does this report offer?

- Historic and forecast tourist volumes covering the entire Chilean Travel and Tourism sector

- Detailed analysis of tourist spending patterns for various categories, such as accommodation, sightseeing entertainment, foodservice, transportation, retail, travel intermediaries, and others

- Analysis of trips by purpose and mode of transport, and expenditure across various categories including domestic, inbound, and outbound tourism, with analysis using similar metrics

- Analysis of the airline, hotel, car rental, and travel intermediaries industries by customer type - leisure and business travelers

Reasons To Buy
- Make strategic business decisions using historic and forecast market data related to Chile's Travel and Tourism sector

- Understand the demand-side dynamics within the industry to identify key market trends and growth opportunities

- Direct the promotional efforts on most promising markets by identifying the key source and destination countries

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