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Ukraine Tourism Report Q4 2016

  • August 2016
  • -
  • Business Monitor International
  • -
  • 31 pages

Includes 3 FREE quarterly updates


BMI View:

The outlook for Ukraine's tourism market remains extremely weak. Escalating conflict in the country and rising tensions with Russia surrounding Crimea, including a growing military presence along the border, will continue to deter visitors and investors. We therefore expect to see significant contractions in inbound tourism and across key indicators for the hotel market over the course of the forecast period to 2020. Even prior to the current crisis, Ukraine was struggling to attract significant volumes of visitors or sufficient investment into the ageing hotel sector, meaning the country faces a long road ahead to become a competitive tourism destination in the region. Key Updates And Forecasts

- Despite the conflict, Ukraine remains well connected to other markets in the region. A recent addition to available flight routes includes a three times a week service between popular city-break destination Lviv and Vilnius in Lithuania.

- We have downgraded our forecasts for Ukraine's tourism industry this quarter. Inbound arrivals are now expected to continue their decline in 2016, falling by 2.5% to reach 12.1mn. This leaves the inbound travel market less than half the size of the pre-crisis market.

Table Of Contents

Ukraine Tourism Report Q4 2016
BMI Industry View 5
Table: Key Forecasts (Ukraine 2013-2020) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (Ukraine 2013-2020) 14
Table: Tourism Receipts (Ukraine 2013-2020) 16
Table: Hotel Accommodation (Ukraine 2013-2020) 18
Table: Tourist Departures and Consumption (Ukraine 2013-2020) 19
Industry Risk/Reward Index 20
Table: Central And Eastern Europe - Tourism Risk/Reward Index 20
Rewards 21
Risks 21
Security Risk 22
Market Overview 23
Competitive Landscape 26
Domestic Hotel Groups 26
Table: Domestic Hotel Groups 26
International Hotel Groups 27
Table: International Hotel Groups 27
Methodology 28
Industry Forecast Methodology 28
Risk/Reward Index Methodology 29
Table: Weighting Of Indicators 31

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