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: 2016 will be a positive year for the US tourism market, with projected arrivals growth of 5.6%
demonstrating the country's attractive market fundamentals. Arrivals from Latin America and Europe
continue to increase, while high levels of growth from Asia and the Middle East reflect ongoing efforts to
market the US in these regions.
Key Updates And Forecasts
? We expect arrivals growth of 5.6% in 2016 to be driven by increases in visitors from Latin America
(4.3%) and North America (9.8%).
? Strengthening arrivals from Europe will also bolster overall growth, with arrivals from Europe set to
expand by more than 4% annually to 2020.
? Finally, arrivals from Africa and the Middle East are expected to grow strongly, by 11.2% and 8.5%
respectively in 2016, reflecting increased flight links and marketing efforts in these regions.