Travel and Tourism Market in Belgium- Size, Share, Trends, Forecast - PowerPoint PPT Presentation

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Travel and Tourism Market in Belgium- Size, Share, Trends, Forecast

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Big Market Research has announced a new Report Package "Travel and Tourism in Belgium-Size, Share, Trends, Forecast,Development, Situation, Future outlook, Potential" Get Complete Details At: Travel and Tourism in Belgium to 2019 provides detailed information on the Belgian tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, tourist expenditure, and the airline, hotel, car rental, and travel intermediaries industries. Enquire About This Report at: – PowerPoint PPT presentation

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Title: Travel and Tourism Market in Belgium- Size, Share, Trends, Forecast


1
Travel and Tourism in Belgium to 2019
Size, Share, Global Trends, Company Profiles,
Demand, Insights, Analysis, Research, Report,
Opportunities, Segmentation and Forecast 2019
Published Date Jun 2015
2
Report Description
Summary Travel and Tourism in Belgium to 2019
provides detailed information on the Belgian
tourism sector, analyzing market data and
providing insights. This report provides a better
understanding of tourism flows, tourist
expenditure, and the airline, hotel, car rental,
and travel intermediaries industries. The report
brings together Canadeans research, modeling, and
analysis expertise in order to develop uniquely
detailed market data. This allows domestic and
foreign companies to identify the market dynamics
and discover which segments will see growth in
the coming years. Get Complete Report At
http//www.bigmarketresearch.com/travel-and-touris
m-in-belgium-to-2019-market Key Findings - The
trend for domestic tourism has been negative,
consistently declining from 2009 to 2013. This
has been due to Belgian residents following a
cautious approach in terms of spending on travel
as the economy has not performed well. GDP at
constant prices, when measured in national
currency, grew at CAGR of 1.11 from 2009 to
2014. This implies that Belgian residents do not
have much disposable income available to them,
which limits their spending power. However,
growth of 1.7 was recorded in 2014 and domestic
trips are projected to reach 2.9 million by 2019
3
Report Description
All categories witness a decline in 2009, with
business tourism experiencing maximum decline due
to the global recession, meaning there were far
fewer inbound trips for business purposes.
Countries in Western Europe, such as the
Netherlands, France, and Germany were adversely
affected by the Euro crisis, which meant there
was almost negligible growth in inbound tourism
during 2012 and 2013 as these are major source
countries for tourism in Belgium (collectively
account for about 60 of the trips. Inbound
spending is likely to reach EUR14.2 billion
(US201.1 billion) by 2019 - Travel agents play
an important role when booking trips such as
airline and hotel reservations however, their
role is gradually changing. Now, most people
browse hotel and airline websites and book their
flights, hotels, and holiday packages directly.
As of January 1, 2014, travel agents no longer
require a license, which reduces barriers to
entry. - Over the forecast period (2015-2019),
their role will transition from agents involved
in the selling of holidays to consultants
advising tourists about a destination Brussels
Airlines, the flag carrier of Belgium, has been
gradually losing market share due to the entry of
LCCs. Irish LCC Ryanair plans to increase its
passengers through Belgian airports by 20 in
2015, by adding five new routes to Belgium in its
2015 summer timetable
4
Report Description
  • Synopsis
  • The report provides detailed market analysis,
    information, and insights, including
  • - Historic and forecast tourist volumes covering
    the entire Belgian Travel and Tourism sector
  • - Detailed analysis of tourist spending patterns
    in Belgium for various categories in the Travel
    and Tourism sector, such as accommodation,
    sightseeing and entertainment, foodservice,
    transportation, retail, travel intermediaries,
    and others
  • - Detailed market classification across each
    category, with analysis using similar metrics
  • -Detailed analysis of the airline, hotel, car
    rental, and travel intermediaries industries
  • Enquire About this report At
  • http//www.bigmarketresearch.com/report-enquiry/24
    6472

5
Report Description
Reasons To Buy - Make strategic business
decisions using historic and forecast market data
related to the Belgian Travel and Tourism
sector - Understand the demand-side dynamics
within the Belgian Travel and Tourism sector,
along with key market trends and growth
opportunities
6
Table Of Contents
  • Executive Summary
  • Travel and Tourism Sector in Context
  • Domestic Tourism
  • Inbound Tourism
  • Outbound Tourism
  • Airlines
  • Hotels
  • Car Rentals
  • Travel Intermediaries
  • Market Data

7
FOR MORE DETAILS
Visit us at
http//www.bigmarketresearch.com/travel-and-touris
m-in-belgium-to-2019-market
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