Disposable income growth, demographic change and accelerated urbanization are driving structural growth in China’s tourism industry. Along with favorable government policies, optimized infrastructure and looser visa policies overseas, these factors should underpin 11%/31 ..."
BMI View: The outlook for the Philippines' burgeoning tourism industry is broadly positive at present.
While the market has a long way to go to catch up with established regional destinations such as Thailand
and Indonesia, the Philippines is attracting a growing volu ..."
BMI View: Singapore's tourism market is well-developed with a strong reputation. Arrivals will continue to
grow through the forecast period, though at a slightly subdued rate. Investment in infrastructure by the
government is expected to further connect the city-state ..."
BMI View: Thailand presents one of the most developed tourism markets in Asia and we expect the industry
to expand during our forecast period, driven by increasing arrivals and greater receipts per visitor. This
will support the hotel and restaurant industry's incre ..."
BMI View: Tourism is a key growth area under economic diversification plans in Indonesia and measures
to broaden the appeal of the country in a competitive region are yielding tangible results. Visitors from 169
countries can now take advantage of visa-free travel to ..."
BMI View: Strong growth in major source markets has bolstered the tourism sector in 2016 following an
outbreak of the MERS virus in 2015, which headlined a disappointing year overall. South Korea's
government has been a strong supporter of the industry, and although t ..."
BMI View: Falling arrivals from China have taken the edge off the strong growth previously forecast for
Taiwan's tourism industry; however, the outlook for the market remains broadly positive. Arrivals from
alternative regional markets such as Japan and South Korea, a ..."
BMI View: We maintain a broadly positive outlook for India's growing tourism industry. While the market
has not yet developed to rival other regional destinations such as Thailand and Malaysia in terms of
international arrivals, the inbound travel market is growing an ..."
BMI View: We maintain a positive outlook for the United Arab Emirates' (UAE's) strong tourism industry,
as visitors are continuously drawn to its numerous attractions and extensive hotel sector. Supporting
transport infrastructure is very well developed and the govern ..."
BMI View: Visitor numbers have been strong in 2016 after a below-average 2015, and major international
hotel groups have initiated new developments. This expansion, by both international and domestic chains, is
expected to continue as companies look to capitalise on i ..."