Travel and Tourism in the Philippines, Key Trends and Opportunities to 2016: Government Committed to Increased Investment and Regulatory Change to Promote Tourism Growth

The Philippines generates the sixth-largest tourist volume in Southeast Asia. Travel and tourism in the Philippines contributed around 3.5% of national GDP in 2011, and provided over 2% of the country’s total employment. Investment in travel and tourism amounted to around PHP81.8 billion (US$1.86 billion) in 2011, which represented 5.2% of total national investment in the year. Total Philippine tourist volume, which includes domestic, inbound and outbound tourists grew at a healthy rate during the review period (2007–2011). This growth can be attributed to factors such as the country’s growing economy, infrastructure improvements and government initiatives to promote the country as an attractive tourist destination. The government has simultaneously been making efforts to improve tourism infrastructure by developing the country’s air, road, rail and sea transport. With these government initiatives, the volume of inbound tourists in the country is expected to register a strong CAGR of 5.53% over the forecast period (2012–2016).

The report provides top-level market analysis, information and insights, including:

• Historic and forecast market sizes covering the entire Philippine travel industry
• Detailed analysis of tourist spending patterns in the Philippines
• Descriptions and market outlooks for various sectors in the Philippine tourist industry, such as transportation, accommodation and travel intermediaries
• Detailed market classification across each sector, with analysis using similar metrics.

Philippines Travel and Tourism Industry

Published: March 2012
No. of Pages:291
Price: Single User License: US$ 1950       Corporate User License: US$ 3900



Scope
This report provides an extensive analysis of the travel and tourism market in the Philippines:
• It details historical values for the Philippine travel and tourism industry for 2007–2011, along with forecast figures for 2012–2016
• It provides top-level analysis of the overall travel and tourism market, as well as individual category values for both the 2007–2011 review period and the 2012–2016 forecast period
• The report makes a detailed analysis and projection of tourist spending in the Philippines
• The report profiles the top travel and tourism companies in the Philippines

Reasons To Buy
• Take strategic business decisions using top-level historic and forecast market data related to the Philippine travel and tourism industry and each sector within it
• Understand the demand and supply-side dynamics within the Philippine travel and tourism industry, along with key market trends and growth opportunities
• Assess the competitive landscape in the travel and tourism market in the Philippines, and formulate effective market-entry strategies
• Identify the growth opportunities and industry dynamics within the Philippine tourism industry’s key categories, including transportation, accommodation and travel intermediaries

Key Highlights
• The number of inbound tourist arrivals in the Philippines reached a record level of 3.65 million in 2011, after achieving an annual growth rate of 3.6%.
• In order to capitalize on the growing opportunities in medical tourism, the Philippines has been improving its healthcare infrastructure to remain competitive and attract foreign patients.
• The number of business opportunities increased following the government’s continuous economic liberalization measures and hosting of several international business meetings.
• Medical tourism is expected to grow significantly in the Philippines during the forecast period, since the government has relaxed the criteria to obtain a visa for medical treatment in the country.

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Emerging Opportunities and Growth Prospects in the Turkish Travel Intermediaries Industry: Analyses and Forecasts to 2016

In terms of tourist volume, Turkey is the world’s seventh most attractive tourist destination. As the location of an ancient civilization, Turkey has been a long-standing popular destination for tourists with historical interests. During the review period (2007–2011), tourist volumes grew from 35.4 million in 2007 to 46.2 million in 2011, increasing at a CAGR of 6.92%. The growth in the market for travel intermediaries can be attributed to factors such as robust global economic growth, high levels of personal disposable income, the increasing volume of both domestic and inbound tourists, government infrastructure initiatives and rising levels of internet penetration.

Reasons To Buy

• Take strategic business decisions using top-level historic and forecast market data related to the Turkish travel intermediaries industry and each sector within it
• Understand the demand and supply-side dynamics within the Turkish travel intermediaries industry, along with key market trends and growth opportunities
• Assess the competitive landscape in the travel intermediaries industry in Turkey, and formulate effective market-entry strategies
• Identify the growth opportunities and industry dynamics within the travel intermediaries industry’s key categories, including travel agents, tour operators and online travel sites

Turkish Travel Intermediaries Industry

Published: March 2012
No. of Pages:54
Price: Single User License: US$ 1950       Corporate User License: US$ 3900

                         

Synopsis

• The report provides top-level market analysis, information and insights, including:
• Historic and forecast market sizes covering the entire Turkish travel intermediaries industry
• Insights into market entry strategies adopted by foreign companies to enter the Turkish market
• Detailed analysis of marketing strategies adopted by travel intermediaries in Turkey
• Descriptions and market outlooks for various sectors in the Turkish travel intermediaries industry, such as travel agents, tour operators and online travel sites

Key Highlights

• Turkey’s strong economic forecast and positive business confidence will fuel the growth of the travel intermediaries industry
• The Turkish travel intermediaries industry is projected to reach TRY43.3 billion by 2016, registering a CAGR of 3.42% over the forecast period (2012–2016)
• The Turkish government is implementing policies aimed at assisting the growth of the travel intermediaries industry and has allowed 100% foreign investment in the industry
• Growing internet penetration will drive the demand for online travel sites in Turkey
• Mobile travel applications are expected to change the dynamics of overall travel intermediaries industry

Online Travel: Shift of Power to Consumers

The online travel revolution which has taken place in the last 10 years has led to substantial changes in the travel industry's competitive environment. These are so significant to force companies re-think their business models. In particular, consumers now play a much more central and active role, while technology players have become essential partners for travel companies. Customer knowledge and social interaction are key requirements to compete successfully in this new environment.

This research report offers an insight into to the size and shape of the Online Travel And Tourism market, highlights buzz topics, emerging geographies, categories and trends as well as pressing industry issues. It identifies the leading companies and brands, offers strategic analysis of key factors influencing the market from innovation, pricing, channel distribution to economic/lifestyle influences. Forecasts illustrate how the market is set to change and outlines the criteria for success.

Consumers Power on Online Travel

Published: January 2012
No. of Pages: 51
Price : Single User License - US$2000                         

Product coverage: Car Rental, Demand Factors, Health and Wellness Tourism, Tourism Flows Domestic, Tourism Flows Inbound, Tourism Flows Outbound, Tourism Receipts and Expenditure, Tourist Attractions, Transportation, Travel Accommodation, Travel Retail.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

What this report includes?

• Up-to-the minute analysis of the latest trends in the industry
• New product development, forecasts and other themes
• Unique graphics and illustrated case studies
• Most recent brand and company news
• New insight into the size and shape of the market

Why buy this report?

• Get a detailed picture of the Travel And Tourism market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.