"Chile Tourism Report Q2 2016" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Feb 17 2016

Chile is set for a year of strong arrivals growth in 2016, at 7% making it one of the fastest growing markets in the region. This is particularly notable in a year when many potential visitors may have instead chosen to visit the Olympic Games in Rio, and we believe that Chile's ongoing expansion as a market reflects its positive fundamentals.

Key Updates And Forecasts:

We expect arrivals from two of Chile's main source markets, Argentina and Brazil, to fluctuate in 2016 as a result of domestic factors. Economic weakness and the attraction of the Olympics in Rio will lead to slow growth in Brazilian arrivals in 2016. Although we are forecasting a similar moderation for Argentina, we believe that improved economic prospects under the new president could provide upside risks to our forecasts.

Arrivals from Europe will pick up in 2016, by 3.35%, after declining in 2016. Given that European tourists tend to be higher spenders, this arrivals growth will bolster an uptick in industry value.

Full Report Details at
- http://www.fastmr.com/prod/1118965_chile_tourism_report_q2_2016.aspx?afid=301

In terms of outbound tourism, Peru will overtake Argentina as the leading destination for the first time in 2016. This reflects increased transport links between the two countries, as well as the deteriorating economy in Argentina.

The Chile Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's Chile Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Chilean tourism industry.

Key Benefits
Benchmark BMI's independent tourism industry forecasts for Chile to test other views - a key input for successful budgetary and planning in the Chilean tourism market.
Target business opportunities and risks in the Chilean tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Chile.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).


BMI Industry View

This contains a synopsis of our forecasts, and any changes, together with an overview of key trends and developments in the tourism industry, and an assessment of the impact of various economic and national factors which might affect the sector. It also covers new transport projects, new hotel developments, and acquisitions.

Industry SWOT Analysis

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For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- China Tourism Report Q2 2016
- Brazil Tourism Report Q2 2016
- Japan Tourism Report Q2 2016
- New Zealand Tourism Report Q2 2016
- Croatia Tourism Report Q2 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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