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Friday, January 4, 2013

The Future of Travel and Tourism in Belgium to 2016:MarketResearchReports.biz

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
The total, direct and indirect tourism output generated by each sector within the Belgian travel and tourism sector



Employment and salary trends for various categories in the Belgian travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
Detailed market classification across each industry, with analysis using similar metrics
Detailed analysis of the airline, car rental, hospitality and travel intermediaries industries



Summary

The total contribution of the Belgian travel and tourism sector to the nations GDP measured 5% in 2011 according to the World Travel and Tourism Council (WTTC). In addition, the sector accounted for 236,000 jobs, representing 5.1% of the countrys total employment in 2011. During the review period (20072011), the total number of trips undertaken by residents, both domestic and international, increased from 11.4 million in 2007 to 13.5 million in 2011, registering a compound annual growth rate (CAGR) of 4.38% during the review period. While outbound trips increased at a review-period CAGR of 5.71%, inbound and domestic tourism registered respective CAGRs of 1.15% and 0.43% due to economic recession.


Scope

This report provides an extensive analysis related to tourism demands and flows in Belgium:
It details historical values for the Belgian tourism sector for 20072011, along with forecast figures for 20122016
It provides comprehensive analysis of travel and tourism demand factors with values for both the 20072011 review period and the 20122016 forecast period
The report makes a detailed analysis and projection of domestic, inbound and outbound tourist flows in Belgium
It provides employment and salary trends for various categories of the travel and tourism sector
It provides comprehensive analysis of the airline, car rental, hospitality and travel intermediaries industries with values for both the 20072011 review period and the 20122016 forecast period

Reasons To Buy

Take 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
Identify the spending patterns of domestic, inbound and outbound tourists by individual categories
Analyze key employment and compensation data related to the travel and tourism sector in Belgium
Understand the market size of other tourism sub-sectors such as airlines, hotels, car rental and travel intermediaries


Key Highlights

The Belgian travel and tourism sector increased at a decelerated pace during the review period, declining in 2009 due to recession. Outbound volumes continued to increase throughout the review period, albeit at a decelerated pace.
A well-developed transport infrastructure is one of the most important contributors to the growth of domestic tourism in Belgium. Reduced travel time and low transportation costs play a key role in spurring growth in domestic tourism.
Inbound tourism to Belgium increased at a CAGR of 1.15% during the review period in which 2009 registered a decline at a rate of 5% and 2010 registered the highest growth rate of 5.4%. Furthermore, 2011 recorded a decelerated growth rate of 2.6% as compared to 2010 due uncertain economic conditions.

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