RNCOS Releases a New Report- Turkey Tourism Industry Forecast to 2012By: Shushmul Maheshwari
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RNCOS Releases a New Report- Turkey Tourism Industry Forecast to 2012
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RNCOS has recently added a new Market Research Report titled, "Turkey Tourism Industry Forecast to 2012 " to its report gallery. Turkish tourism industry has reported remarkable growth over the past few years. The country received more than 26 Million international tourists during 2008. These numbers are expected to grow, despite the current economic crisis, says “Turkey Tourism Industry Forecast to 2012”, a new report from RNCOS.
According to the report, country is becoming a popular destination for health care tourism especially for the European citizens. A part form health tourism other forms of tourism is also becoming popular in Turkey. Factors like rapidly growing income levels, government support and strategically location between the three continents are anticipated to drive the future growth of the tourism industry.
Our report “Turkey Tourism Industry Forecast to 2012” provides an insight into the Turkish tourism market. It evaluates the past, present and future scenario of the tourism market in Turkey and discusses the key factors which are making Turkey a potential tourism destination. This report provides strategic insight to the client, to evaluate the opportunities for their success in the tourism industry of Turkey. With focuses on different parameters of tourism industry, including inbound tourism, outbound tourism, expenditure by inbound tourists, medical tourism, and hotel industry, the report gives a thorough analysis on the tourism industry in Turkey.
The research report provides the detail analysis of the forces that are fuelling the growth in the Turkish tourism industry. The research also covers the overview of the Middle Eastern tourism industry, helping the clients to evaluate and analyze the present and future position of Turkish tourism industry in the region.
The report provides 4-year industry forecast (2009-2012) on various segments of tourism industry based on feasible tourism industry environment in the Turkey. These include:
- Tourist Arrivals in Middle East
- Tourists Arrival in Turkey
- Tourism Receipts
- Outbound Tourism
- Outbound Tourism Expenditure
- Consumer Expenditure in Hotels & Restaurants
- Number of hotels by 2010
The report provides an insight of key players in the tourism industry of Turkey including, Hilton Hotels Corporation, Accor Hotel Group, Marriott International, Inc., Turkish Airlines, Air France-KLM, EgyptAir Holding Company, Emirates, Dedeman Hotels & Resort and Ihlas Holding A.S.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM009.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com |
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| Keywords |
Turkey Tourism Industry Forecast to 2012, Turkey Tourism Industry, Tourism Industry in Turkey, Market Research Report |
| Category |
Travel and Leisure |
| Submission Date |
Dec 8, 2010 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Travel and Leisure |
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Egypt Banking on Unique Locale, Promotional Campaigns to Improve Tourism Prospects
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Egypt, one of the earliest and greatest civilizations of the world, is expected to see the arrival of 15 Million tourists by 2012 end, representing a CAGR rise of nearly 6%, says “Egypt Tourism Sector Analysis”, new research report from RNCOS. The growth in the Egyptian tourism industry will be accelerated by the country’s strategic location and aggressive promotional activities by the Egyptians.
According to the report, Egypt has the inherent advantage of unique geographical location as it is located at the crossroads of Africa, the Middle East and Europe, enabling all types of tourism to flourish. It houses one-third of the world’s monuments, enjoys unique climatic conditions throughout the year, and has vast beautiful coasts along the Mediterranean and Red Sea that draw tourists from all across the world.
Another key factor that will support the growth of the industry is promotional activities being undertaken by the local people. A new promotional campaign with taglines “The Gift of the Sun” and “Egypt… the Incomparable” was launched in 2006 to attract international tourists. Promoters are extensively using a diverse mix of communication media, including newspapers, TV, street posters, shops and transportation means, to promote the Egyptian tourism industry at international stage. Even the private players are pitching the tourism industry by highlighting the comprehensive Egyptian tourist products.
“Egypt Tourism Sector Analysis” is an all-inclusive research report that gives in-depth insight into the present and future prospects of the tourism industry of Egypt. It thoroughly studies the industry with focus on different parameters such as inbound & outbound tourism, expenditure by inbound & outbound tourists, accommodation facilities, transportation facilities and aviation industry.
This research identifies the market trends and features specifics on drivers, opportunities and roadblocks for the market. It gives a comprehensive look into the forecast on key industry aspects, such as international tourist arrivals by country, international tourist departures, international tourism receipts, outbound tourism expenditure and capital investment in tourism and travel industry.
For more information visit: http://www.rncos.com/Report/IM538.htm
Current Industry News: http://www.rncos.com/Blog/
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Management can Pull off Crisis-laden Egyptian Tourism Sector, Experts
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The Egyptian tourism industry has seen tremendous growth in the past few years and is expected to continue to grow at a fast pace in coming years too. But the ongoing global financial meltdown has posed a challenge before the Egyptian economy, including its tourism industry, the biggest source of foreign currency for the country.
The current financial crisis is taking the whole world in its grip, including Europe, a major source of tourists for Egypt. Economic crisis has constricted the disposable income of Europeans, and thus, they are staying away from leisure activities like tourism. And Egypt is feeling the heat of this crisis. It is expected that the country will see a decline of around 10 to 15% in reservations for this Christmas against last Christmas.
According to our new research report, “Egypt Tourism Sector Analysis”, tourist arrivals in Egypt are expected to grow at a CAGR of nearly 6% during 2008-2012, whereas between 2003 and 2007, tourist arrivals grew at a strong CAGR of 16.63%.
Thus, coming years will prove quite intimidating for the Egyptian tourism industry. However, the impact can be considerably cooled down by following proper management approach.
According to a Senior Research Analyst at RNCOS, “Egyptians are not considered on the higher end of valued commodities in terms of services and goods. It means that the country should focus more on mid-level tourism and eco-tourism against five-star quality services. And as recession is deepening, tourists are searching for cheaper and affordable alternatives for vacations, such as Basata – a cheap tourist place on Sinai Peninsula. Egypt is among the lowest cost tourist destinations on the Mediterranean coast. So currently, the country is at the lower end of mass tourism, and it can take full advantage of this strength by giving increased stake to local communities in the tourism sector and thereby generate more revenue from it.”
“Egypt Tourism Sector Analysis” contains in-depth information on the present status and future outlook of the growing tourism industry of Egypt. It gives detailed analysis along with statistical data on various parameters such as inbound & outbound tourism, accommodation facilities, transportation facilities, aviation industry and expenditure by outbound & inbound tourists.
For more information visit: http://www.rncos.com/Report/IM538.htm
Current Industry News: http://www.rncos.com/Blog/
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RNCOS Releases a New Report- Opportunities in Singapore Tourism Industry (2007-2009)
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RNCOS has recently added a new Market Research Report titled, "Opportunities in Singapore Tourism Industry (2007-2009)" to its report gallery. Tourism is one of the largest service sectors of Singapore. As of 2007, the tourism industry contributed 3% to Singapore’s GDP, and generated US$ 9.4 Billion in tourism receipts. This clearly shows the important role tourism industry plays in Singapore’s economy. To ensure that tourism remains a key economic pillar, a bold target, Tourism 2015, was unveiled in the year 2005. The major objectives of the initiative are to triple tourism receipts to US$ 30 Billion, doubling visitor arrivals to 17 Million, and creating an additional 100,000 jobs in the services sector by 2015, according to “Opportunities in Singapore Tourism Industry (2007-2009)”.
Singapore is one of the most popular tourist destinations in Asia-Pacific region. Tourism industry in Singapore is growing very rapidly for the past several years. Tourism industry is strengthening by the infrastructure developments, various events and the countries strategic location in the heart of region.
This report provides an insight into Singapore’s tourism industry and studies its past, present and future scenario. It offers a detailed study on the forces driving the industry and discusses the key factors which are making Singapore a potential tourism destination. It provides strategic insight into the market to analyze the opportunities critical for the success of clients in Singapore tourism industry.
With focus on different parameters, including inbound tourism, outbound tourism, expenditure by inbound tourists, medical tourism, and hotel industry, the report gives a thorough analysis on the tourism industry of Singapore.
“Opportunities in Singapore Tourism Industry (2007-2009)” also provides an overview on the global, Asia-pacific and ASEAN tourism industry, helping the clients to evaluate and analyze the present and future position of Singapore’s tourism industry with respect to world and other regions.
The report provides industry forecast on various segments of tourism industry based on feasible tourism industry environment in Singapore. These include:
- Tourists arrivals
- Tourism receipts
- Outbound tourism
- Outbound tourism expenditure
- Medical tourism industry
- MICE industry
The report provides an insight on key players in the tourism industry of Singapore, including Singapore Airlines Ltd., Cathay Pacific Airways Limited, PT Garuda Indonesia, Qantas Airways Limited, Thai Airways International PCL, Shangri-la Hotel, Chan Brothers Travel Pte Ltd, Prime Travel & Tour Pte Ltd and WTS Travel & Tours Pte. Ltd.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM504.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Mumbai to Sydney Australia cheaper air tickets | Rs 22850 Base Air Fare
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The total distance from Mumbai, India to Sydney, Australia is 10,149 kilometers. Your trip begins in Mumbai, India. It ends in Sydney, Australia. Your travel direction from Mumbai, India to Sydney, Australia is Southeast (125 degrees from North). A typical flight between Mumbai, India and Sydney, Australia would have a flying time of about 12 hours, 37 minutes.
Flight Booking History By us on 28Aug, for 30Sep Mumbai To Sydney Australia Rs. 22,850.00.
Book cheapest flights from Mumbai India to Sydney Australia with ezeeflight for the lowest airfare. Ezeeflight search combines all airlines including low cost and all current promotions. With our exclusive discounts you get the best flight and travel deals anywhere in Asia or Oceania whether economy or business class, charter or scheduled.
The moment you leave the airport this metropolis, perched on the edge of the Arabian Sea, will, quite simply, bowl you over. Here you don’t really breathe the air so much as gargle it. The noise is deafening and your sense of smell begins to adjust to a variety of odors that are strange and surprisingly “exotic”. You will share this city with another eighteen million souls, with 1000 new arrivals every day. This is a population density four times greater than New York and nearly the population of the whole of Australia.
We also offer minimum low price one way flights from Sydney to Mumbai, India, Find cheaper flights from Sydney to Mumbai. Ezee Flight offers discounted prices for this route. We proud to offer both return and one-way flights from Sydney to Mumbai. Please use our flight request form to send a request to get the right flight for you.
“Australia has seen a double-digit increase in the number of tourist arrivals from India over the past decade - with an average annual growth of approximately 17 per cent,” Australian tourist commission general manager, South & South-East Asia Maggie White said. Every year travelers stream off flights to Sydney eager to explore the city's architecture and joie de vivre and as a starting point for visiting the rest of the country. Like most of Australia, Sydney is an outdoorsy type of place. Swim in the sea at Bondi Beach, climb the Sydney Harbour Bridge or head out on a boat trip.
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Signs of Downturn in Russia Come with Hope
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Russia, February 2009: Moscow has experienced the first signs of the economic downturn, with a five-point drop in chain hotel Occupancy Rate (OR) for 2008, reaching 70%.
Average Daily Rate (ADR) ended the year at €251, only a 5% increase compared to 2007, whilst Revenue per Available Room (RevPAR) decreased slightly to €175.
“These performance indicators released by our market monitoring database, Hotel CompSet, clearly illustrate the first phase of the downward cycle. Although Russia is an emerging market for hotel developers, and indeed will become a goldmine destination in the years ahead, the economic crisis has hindered performance in 2008,” stated Director of Development, MKG Hospitality, Vanguelis Panayotis.
This drop in OR was also fuelled by many new hotel openings in 2008, increasing competition. “Soon we will see ADR decreasing, as demand will continue to be low and hoteliers will be pushing to fill their rooms. This of course will ultimately drive RevPAR down,” added Panayotis.
According to MKG Hospitality, the economy should slowly recover in 2010-onwards, and when it does, the country will see many major hotel developments.
Hilton is one of many hotel brands who have identified Russia as a key market, with major plans for the future. “Russia represents one of the greatest potential for hotel growth in the world today and we are certainly entering at a pivotal time in its economic development. Over the next ten years, we anticipate that we could see more than 70 Hilton Family hotels across key Russian cities and regional centres,” revealed Vice President Development for Northern Europe, Hilton, Mike Collini.
According to Collini, Hilton will achieve this growth target by working with local developers and hotel owners, through a combination of management and franchise agreements.
Accor is another group with high hopes for the Russian market. “We are one of the few companies that truly believe in the Russian market,” remarked Director of Operations for Russia and CIS, Accor, Alexis Delaroff.
“We will have one or two hotels in each city with more than one million inhabitants. We are also looking at niche cities, where industrial and/or touristic potential is promising. We have over 30 signed contracts all over Russia – from Kaliningrad to Irkutsk, and from Murmansk to Sochi. This is the strength of our portfolio of brands that allow us to find an answer to each specific request of each specific location,” added Delaroff.
Opportunities seem to be greater in key cities such as Moscow and St Petersburg, as well as up-and-coming leisure destinations such as Sochi and the Black Sea coast. Then there is potential in over 30 key regional cities, such as Kazan, Ekaterinburg, Ufa and Perm – particularly for Midscale hotel products.
“Due to the lack of quality hotel guestroom supply, pretty much all regions have very strong potential for development. It is in the economically vibrant industrialised cities where the best potential lies, which is also the basis of our selection criteria for deciding where to go,” explained Senior Vice President Business Development, Rezidor, Arild Hovland – currently the largest hotel operator in Russia with 3,786 rooms in operation.
Improved accessibility from key feeder markets, such as Western Europe and the US, combined with increased wealth and mobility of domestic travellers are all key factors for the growth in Russia’s tourism and hotel industry in recent years. The country’s economic growth over the last decade is also fuelling major infrastructure projects for foreign investors, whilst opening new doors for MICE business.
“MKG expects big things from this market in the near future. Although the current economic crisis has hindered the pace of development, as it has throughout the world, new opportunities have emerged, suggesting that the right time to enter the race might be now,” said Senior Consultant and Director of MKG Hospitality’s office in charge of Russia, Colette Ambiehl.
With the rise of local brands and the growing interest of international chains, including Hilton, Accor and Rezidor, Russia promises to be the world’s next major playground for hotel investors. Together with an accommodation undersupply, short payback periods and high average daily rates, the country remains a very lucrative market.
“Once economic recovery kicks off, there is likely to be built-up demand. At very least, companies should be well-prepared and ready to go,” concluded Ambiehl.
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About MKG Group
Established in 1985, MKG Group has built a reputation for solid business expertise and substantial know-how in the fields of tourism, lodging and food service. MKG Group meets the needs of each of its clients by providing the valuable analytical and decision-making skills necessary for success. www.mkg-group.com
Methodology & Innovation
With a team of over 60 experienced consultants, as well as advanced research and analytical tools and applications, MKG Hospitality provides unique savoir-faire in four major areas of expertise: Market Research; Financial Feasibility Studies; Consulting; and Sector publications.
MKG Hospitality is a global leader in tourism, hotel and catering consulting, with the largest database in the world (outside the US), representing all segments from budget to upscale hotels. MKG’s customised database, Hotel CompSet, contains a sample of over 200 brands and 11,000 corporate chain hotels, representing more than one million rooms. Hotel CompSet provides daily, monthly and yearly monitoring of hotel indicators and analyses of its sample. www.hotelcompset.com
Together with other specialised brands, MKG Qualiting, OlaKala, Worldwide Hospitality Awards, Global Lodging Forum, HTR Magazine and Hotel Restau Hedbo, MKG Group supports investors, small or large, hoteliers and key tourism players improve performance, boost productivity and achieve optimal results.
For further information, please contact:
Media Contact
MKG Hospitality
Tel: +357 22 44 23 21
Fax: +357 22 31 30 23
E: press@mkg-group.com
Web: www.mkg-hospitality.com
Database Department
MKG Hospitality
Tel: +33 1 56 56 87 87
Fax: +33 1 56 56 87 88
E: bdd@mkg-hospitality.com
Web: www.mkg-hospitality.com
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