In the age of globalization, hospitality plays important role in development of country. Hospitality industry has a huge impact on financial sector of a country and it is also a major source of employment. Definition / Scope Market Overview Market Risks Top Market Opportunities Market Trends Technology Trends Pricing Trends […]
Tourism
Canada welcomed a record 20.8 million international visitors in 2017, the highest number ever in Canadian history. Similarly, the number of travelers arriving in Canada grew by 1.5% in the first eight months of 2018. Destination Canada has established a goal for Canada to attract 22 million international visitors, generating […]
Kenya’s tourism sector is the second largest Forex recipient after tea industry. It is a diverse sector within the entire East African region. Definition / Scope Market Overview Market Risks Top Market Opportunities Market Drivers Market Restraints Industry Challenges Technology Trends Regulatory Trends Other Key Market Trends Market Size and […]
Dubai tourism is on the track to achieve its target of 20 million visitors by 2020. Dubai recorded 15.8 million overnight visitors in 2017, a 6.2 percent increase from 2016. Definition / Scope Market Overview Market Risks Top Market Opportunities Market Drivers Industry Challenges Technology Trends Regulatory Trends Other Key […]
Dubai is expected to observe 20 million international tourist arrivals by 2020 and its hotel supply is expected to reach 132,000 by 2019. The number of mid-scale hotels are on rise and will target the budget tourists which will further drive the growth of supply scale and revenues of this […]
The contribution of travel and tourism to GDP for Sri Lanka was 11.6 per cent in the year 2017. Travel and Tourism generated US$7.6 trillion and 292 million jobs in 2016, equivalent to 1 in 10 jobs in the global economy. Definition / Scope Market Overview Top Market Opportunities Market […]
The tourism sector is expected to grow at an annual rate of 6.9% to US$ 450 billion by 2028. The government of India is working to achieve 1 per cent share in world’s international tourist arrivals by 2020 and 2 per cent share by 2025. Definition / Scope Market Overview […]
Government are building appropriate infrastructure for the development of resorts and hotels in the respective country. Definition / Scope A hotel is an establishment providing lodging for short duration ranging from basic bed to luxury facilities like swimming pool, gym, business centre and many more. Resorts are considered as property having features […]
In 2017/18, Occupancy rates for the hotel industry reached 66.6% for the first time since 2007, with a 64.8% occupancy rate achieved for the 2016/17 tourism season. That reflects a 3.5% increase in occupancy from the year before. India currently has 125,000 branded hotel rooms, which will expand to 155,000 […]
Thailand remains to be the hub for Gastronomy tourism, sex tourism, adventure tourism, medical tourism, eco-tourism, cultural tourism, and educational tourism in Asia. But, its slow adaptation to the technology and safety issues to the visitors has put its image under scrutiny. Definition / Scope Market Overview Market Risks Top […]