Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
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