New Market Research Report: Chile Tourism Report Q3 2016

Tourist arrivals will grow by 7.0% in 2016, before moderating in the following years. We believe this slowdown marks a period of consolidati on after several years of above- average growth, and do not expect it to alter Chile's positive market fundamentals.

Key Updates And Forecasts:

The Chilean government announced a USD1.4bn road improvement plan in April 2016 which we expect will bolster prospects for road travel around the country, especially in the more remote regions.

Arrivals from Latin America will remain the key driver of growth in 2016, rising by 8.0% to 3.4mn. Greater arrivals from Bolivia will compensate for a decline in arrivals from Brazil, as Brazilians choose to stay at home for the Rio Olympics.

Overall arrivals will grow by 7.0% in 2016, to 4.3mn, while outbound departures will rise by 6.9% to 3.4mn.

Full Report Details at
- http://www.fastmr.com/prod/1182728_chile_tourism_report_q3_2016.aspx?afid=301

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).

Coverage

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

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the tourism sector and within the broader political, economic and business environment.

BMI Industry Forecast Scenario

Forecasts to end-2019 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:
Inbound Tourism: Total arrivals (‘000 and growth % y-o-y), arrivals by region (‘000 and growth % y-o-y), arrivals by country (‘000 and growth % y-o-y), top 10 source countries for arrivals.

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