Travel and Tourism in Finland: JSBMarketResearch
Summary
With the increase in
the aging population, the domestic spending is expected to grow as compared to
the outbound spending. The total number of inbound trips plunged in 2014 as the
arrivals from Russia, its largest source market, fell due to the sanctions and
the depreciation of the ruble against the US dollar. Outbound trips grew at a
CAGR of 8.68% during the historic period and most of the trips are to the
neighbouring countries including Estonia and Sweden.
Key
Findings
- Finlands
Travel And Tourism Sector depicted growth during the historic
period (2009-2014), supported by a rise in international arrivals. However, in
2014, the number of arrivals from Russia declined as compared to the previous
year due to the western sanctions imposed on it. The total number of tourist
arrivals in Finland is expected to reach 4.8 million by 2019. Moreover,
domestic tourist volumes fell at a CAGR of -1.44%, while domestic tourist
expenditure increased at a CAGR of 2.54%. The ongoing crisis in the Finnish
economy was one of the major factors adversely affecting the domestic and
outbound trips in the recent years. The number of departures reached 8.8
million by 2014. It expects the volume of outbound tourists from Finland to
rise at a forecast period CAGR of 3.61%, to reach 10.6 million by 2019.
- In 2015, ITB
Asia, the Trade Show for the Asian Travel Market, named Finland to be its
partner country for the 2016 show. ITB Asia is considered to be one of the best
meeting hubs for travel industry leaders which acts as a platform for building
contacts and conducting businesses. With this partnership, VisitFinland
(Finnish Tourism Board) aims to launch a new Stopover Finland programme, in
collaboration with Finnair. The motive behind this programme is to showcase
Finland as a stopover destination for passengers travelling via Helsinki
airport by building attractive packages from hours to several days. Several
packages and services such as accommodation will be provided to these
passengers. This initiative will be first launched for tourists from Mainland
China, Hong Kong, Japan and South Korea during ITB Asia in 2016.
- In 2014, a rise
in the number of passengers travelling through sea on the Helsinki (Finland) -
Tallinn (Estonia) route was recorded. Considering the fact that Estonia is one
of the prime destination markets, Viking Line, a Finnish shipping company
provided its services again during the summer season in 2015.
Synopsis
Report - Travel and
Tourism in Finland to 2019 - provides detailed information on the countrys
tourism sector, analyzing market data and providing insights. This report
provides a better understanding of tourism flows, expenditure, and the airline,
hotel, car rental, and travel intermediaries industries.
What else
does this report offer?
-
Historic and forecast tourist volumes covering the entire Finland Travel and
Tourism sector
- Detailed analysis
of tourist spending patterns for various categories, such as accommodation,
sightseeing entertainment, foodservice, transportation, retail, travel
intermediaries, and others
- Analysis of trips
by purpose and mode of transport, and expenditure across various categories
including domestic, inbound, and outbound tourism, with analysis using similar
metrics
- Analysis of the
airline, hotel, car rental, and travel intermediaries industries by customer
type - leisure and business travelers
View Full
Report with TOC @ http://www.jsbmarketresearch.com/travel-tourism/r-travel-and-tourism-in-finland-to-2019-219813
Reasons to Buy
- Make strategic business decisions using
historic and forecast market data related to Finlands Travel and Tourism sector
- Understand the demand-side dynamics within
the industry to identify key market trends and growth opportunities
- Direct the promotional efforts on most
promising markets by identifying the key source and destination countries
Table of Contents
Executive Summary
Introduction
Travel
and Tourism Sector in Context
Domestic Tourism
Market
summary and key developments in Finland domestic tourism market
Historical and projected figures for domestic trips
and domestic expenditure in Finland
Domestic trips-trips by purpose of visit and
by season, average length of trip and overnight stays
Inbound
Tourism
Market
summary and key developments in Finland inbound tourism market
Historical
and projected figures for inbound trips and inbound expenditure in Finland
Tourist
arrivals from top 10 countries to Finland
Inbound
trips-trips by purpose of visit and mode of transport
Inbound
trips-average length of trip and overnight stays
Outbound Tourism
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