The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Tourist arrivals in Chile will grow by 2.2% in 2016, increasing at a similar rate throughout the
forecast period to 2020. We believe this steady pace of growth reflects ongoing investment into the hotel
industry in particular, and several long-term infrastructure investment plans.
Key Updates And Forecasts
? While arrivals from North America will decline throughout the forecast period, overall arrivals will
continue to grow steadily. We believe this reflects the diversified nature of the Chilean tourism market.
? Arrivals from and departures to the Asia Pacific region are growing strongly as air links between Chile
and the region continue to grow, bolstered by Chile's membership of the Pacific Alliance.
? We note that relations with Bolivia have deteriorated following the revival of a territorial dispute, but we
do not expect this to impact significantly on arrivals from Bolivia, Chile's second largest tourist source