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Taiwan Tourism Report Q4 2016

  • September 2016
  • -
  • Business Monitor International
  • -
  • 33 pages

Includes 3 FREE quarterly updates

BMI View:

Falling arrivals from China have taken the edge off the strong growth previously forecast forTaiwan's tourism industry; however, the outlook for the market remains broadly positive. Arrivals fromalternative regional markets such as Japan and South Korea, as well as those further afield in Europe andNorth America, continue to grow and expansion is being supported by further investment in transportinfrastructure and widespread marketing campaigns. As such, the country remains an attractive propositionfor investors and we are seeing more new hotels entering the development pipeline, both in the capital andin destinations further afield.



Key Updates And Forecasts


- China has long been the largest source market for arrivals to Taiwan. Since the election of President TsaiIng-wen, China has restricted the number of travellers allowed to visit Taiwan. At present quotas stand at150,000 monthly tourists per segment, however, reports suggest further cuts will be made in October2016 to just 37,500.

- These measures have resulted in a downgrade to our forecasts for growth in international arrivals and wenow expect the market to grow by 8.3% in 2016 to reach 11.3mn, with around 4.6mn arrivals from China.

- On a more positive note, Taiwan continues to improve air travel connections with new flight routes toJapan launched by Far Eastern Air Transport and to Hanoi, Vietnam by Vietjet. Domestic travel willalso be facilitated by the expansion of the high speed rail network which connects the capital toKaohsiung in the south.

Table Of Contents

Taiwan Tourism Report Q4 2016
BMI Industry View 5
Table: Key Forecasts (Taiwan 2013-2020) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (Taiwan 2013-2020) 13
Table: Tourism Receipts (Taiwan 2013-2020) 14
Table: Hotel Accommodation (Taiwan 2013-2020) 17
Table: Tourist Departures and Consumption (Taiwan 2013-2020) 18
Industry Risk/Reward Index 19
Table: Asia Tourism Risk/Reward Index 19
Rewards 20
Risks 20
Market Overview 22
Competitive Landscape 27
Domestic Hotel Groups 27
Table: Domestic Hotel Groups 27
International Hotel Groups 29
Table: International Hotel Groups 29
Methodology 30
Industry Forecast Methodology 30
Risk/Reward Index Methodology 31
Table: Weighting Of Indicators 33

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