Country Overview (Travel & Leisure)


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Zambia Tourism Report Q1 2015

Zambia Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: Zambia's tourism industry is coming to the attention of major international developers who are
attracted by the steady increase in international arrivals and the stable political and economic investment
environment. While still in the early stages of development, Zambia could grow to rival major established
safari destinations in Sub Saharan Africa.
Home to the world famous UNESCO World Heritage site Victoria Falls, and seven other potential World

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China Tourism Report Q1 2015

China Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: China's tourism market offers enormous potential for growth, with a wide range of attractions
drawing in visitors while domestic economic growth provides for one of the biggest outbound travel markets
in the world. The BMI China Tourism report examines expected growth trends across key market indicators
throughout the forecast period to 2018, including increasing industry value and the expansion of the hotel
sector.
China is maintaining its position as one of the most popular tourism destinations in the world. The country

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France Tourism Report Q1 2015

France Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: France's mature tourism market means there is less potential for new market entrants, but the
enduring popularity of the country and strong political support of the government towards the tourism
industry means there is still a strong return to be had for established competitor.
The geographical location encourages large number of European tourists (the UK are the single largest
contributor to arrival numbers) and the chic, stylish reputation of Paris encourages a large (and growing)

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India Tourism Report Q1 2015

India Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: The India tourism report examines a range of key indicators in this enormous market, including
expected growth in the number of inbound and outbound travellers and the forecast increases in tourismrelated
expenditure and industry value. With growth expected across the board as India benefits from
improving domestic economic conditions and expands its regional and international travel connections, the
future is looking very bright for the burgeoning tourism industry.

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Kenya Tourism Report Q1 2015

Kenya Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: For 2015, we are forecasting a slight turnaround in the beleaguered Kenyan tourism sector's
fortunes, with arrival numbers set to rise by 2.5%. However, this remains dependent on a lasting
improvement in the domestic security situation. We are also expecting slight rises in international tourism
receipts and the number of overnight stays in 2015.
At the present time, Kenya's tourism sector is facing not only terror threats but also a public perception that

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New Zealand Tourism Report Q1 2015

New Zealand Tourism Report Q1 2015

Date Published: Nov 19 2014

The New Zealand tourism report looks at a range of key indicators in this small but expanding tourism
market in the remote corner of the Asia Pacific region. Arrivals to New Zealand increased in 2013 and are
expected to rise in 2014 as well; we expect this growth trend to continue through the forecast period as the
country raises its global profile and improves its international travel connections. The outbound travel
market isn't far behind, with similar growth expected by 2018, creating a very healthy potential investment
environment.

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Oman Tourism Report Q1 2015

Oman Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: Oman's tourism sector remains a key area of economic growth, with several domestic and
international developers showing strong interest in building luxury hotels and resorts in the sultanate. BMI
retains a positive view on Omani tourism as we enter 2015.
Oman's tourism sector has grown substantially in recent years. Asia represents the largest market for
inbound travel and is expected to continue to do so over the forecast period. We are forecasting growth in

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Qatar Tourism Report Q1 2015

Qatar Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: Qatar's national tourism strategy involves boosting the number of international and nonregional
inbound travel as well as promoting sustainable tourism. Giving priority to promoting tourism in
combination with hosting the FIFA World Cup in 2022 should see a significant rise in inbound tourism over
our forecast period, increasing the value of the hotel industry.
Qatar's tourism sector has grown substantially in recent years, owing partly to the surge seen in regional

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Thailand Tourism Report Q1 2015

Thailand Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: The Thailand Tourism report examines a range of key market indicators in this well-established
tourism destination, including the potential for growth in both inbound and outbound travel, the impact on
industry value and the expansion of tourism related expenditure. Despite domestic political unrest, we
expect to see steady growth across all indicators throughout the forecast period through to 2018, reflecting
the confidence held in this popular market in the midst of the blossoming Asia Pacific region.

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United Kingdom Tourism Report Q1 2015

United Kingdom Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: The UK tourism industry is set for a period of steady growth, with both inbound and outbound
travel forecast to expand over the next five years due to favourable domestic economic circumstances. This
expansion in travel will fuel growth in tourism-related receipts and industry value, though we do not expect
to see a spate of hotel building in this already crowded marketplace. The UK will continue to build on its
reputation as a global travel destination over the next four years with a series of infrastructure investments

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United States Tourism Report Q1 2015

United States Tourism Report Q1 2015

Date Published: Nov 19 2014

BMI View: The Q1 2015 US tourism reports highlights our positive view of the industry, which is benefiting
from strong fundamentals and an uptick in the US economy. We expect tourist arrivals to reach 65.2mn in
2015, growing by 4.4% annually.
With the US economy forecast to grow by 2.7% in 2015, up from 2.3% in 2014, the tourism industry is
continuing to expand strongly. A report from the US Department of Labor in October 2014 found that the
industry had added 8,700 jobs in September, with the industry as a whole having outpaced job creation in

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Botswana Tourism Report Q1 2015

Botswana Tourism Report Q1 2015

Date Published: Nov 12 2014

BMI View: This fledgling tourism market in the heart of Sub-Saharan Africa presents potential investors
with a wide array of opportunities, safely located in a stable democratic environment and burgeoning
economy. As Botswana improves regional and international travel connections and further raises its profile
on the global tourism stage, we expect to see healthy growth across a range of key indicators, including
higher volumes of both inbound and outbound travellers and expansion of the hotel and accommodation
sector.

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Brazil Tourism Report Q1 2015

Brazil Tourism Report Q1 2015

Date Published: Nov 12 2014

BMI View: With the World Cup now behind, Brazil is likely to focus on completing planned infrastructure
projects and preparing for the 2016 Olympic Games. However, key challenges for the tourism industry in
2015 include the recession in Brazil and the likely slowdown in tourist arrivals from Argentina.
The Brazil Tourism Report examines the significant long-term potential being offered by the local tourism
industry, especially as the country will host the Olympic Games in Rio de Janeiro in 2016. However, the

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Germany Tourism Report Q1 2015

Germany Tourism Report Q1 2015

Date Published: Nov 12 2014

BMI View: Germany's tourism market is well developed and mature, but the coming years still offer
sufficient opportunities to make it an attractive proposition to established hotel groups. The coming
introduction of the Holiday Inn Express and Premier Inn brands to the country show the belief of major
worldwide hotel chains in the potential of the German budget hotel market size, which we anticipate will be
an area of growth in the coming years due to falling airline prices encouraging price sensitive travellers to

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Assessment of China's Cruise Market 2014-2017

Assessment of China's Cruise Market 2014-2017

Date Published: Nov 8 2014
Executive Summary
China is projected to become the second largest cruise market globally, by 2017, surpassing the United States. Leading players in the industry which have traditionally only deployed older ships to Asia are now recognizing China as an important market and moving new ships there. 
 
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Travel and Tourism in Germany to 2018

Travel and Tourism in Germany to 2018

Date Published: Nov 5 2014
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Baltic states Tourism Report 2015

Baltic states Tourism Report 2015

Date Published: Nov 5 2014

BMI View: Overall we maintain our outlooks for the Baltic states' tourism sectors over 2015. Although the
countries stand to lose out due to the ongoing issues (both economic and political) arising from the Russia-
Ukraine tensions, and this will constrain arrivals from these countries, we believe that these losses will
largely be mitigated by increased inter-regional tourism within the three Baltic states, as well as from other
European countries which increasingly view the Baltic region as a more stable alternative to Russia and

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Croatia Tourism Report Q1 2015

Croatia Tourism Report Q1 2015

Date Published: Nov 5 2014

BMI View: Despite revising our growth forecasts for the Croatian tourism market downwards since 2014,
we still expect to see the industry grow healthily over the coming years. Accession to the EU, combined with
a general recovery in the economies of many European source markets, will continue to boost arrivals to
the country by around a million over the forecast period and this will lead to positive developments across
all other key market indicators with the exception of outbound tourism, which remains at risk of stagnation

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Czech Republic Tourism Report Q1 2015

Czech Republic Tourism Report Q1 2015

Date Published: Nov 5 2014

BMI View: A slowdown in broader European economic growth as well as persistently slow domestic
economic growth have led us to revise our predictions for the Czech tourism market downwards and we
expect to see a slight decline in arrivals in 2014. This is likely to be a minor setback though as we expect
positive developments across all of the key market indicators for the Czech tourism industry over the
remainder of our forecast period, though faster growth in other countries may see the Czech Republic fall
behind its regional rivals.

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Egypt Tourism Report Q1 2015

Egypt Tourism Report Q1 2015

Date Published: Nov 5 2014

BMI's Egypt Tourism Report examines the investment potential Egypt offers to large tourism-focused
industries - particularly global hotel groups - as they seek to harness the significant growth opportunities
offered by the local market over the long term
Over the past quarter, there have been increasing signs that the worst may now be over for Egypt's
beleaguered tourism sector, in line with BMI's long-held views on the subject. Indeed, the latest available

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