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Zimbabwe Tourism Report Q2 2016

  • April 2016
  • -
  • Business Monitor International
  • -
  • 27 pages

Includes 3 FREE quarterly updates

BMI View: Zimbabwe's tourism industry possesses many areas of national beauty, with extensive safarioptions and the Victoria Falls, but ultimately, it falls well short of its potential. Poor transportinfrastructure, reduced air routes into the country, security concerns, and restrictive foreign investment andownership rules, all combine to restrict the country from attracting inbound arrivals from a wider range ofhigh value source markets. Heavily reliant on tourism from neighbouring powerhouse South Africa, thedecline of commodity prices and the depreciation of the Rand leave Zimbabwe heavily exposed if SouthAfrican demand for international travel falls. Despite natural tourism resources, Zimbabwe has aconsiderable amount to do before it can realise its potential. A relaxing of visa requirements is a positivestep, as is AirZim's plan to continue expansion, but despite the natural tourism resources, Zimbabwe has aconsiderable amount to do before it can realise its potential.

Key Updates And Forecasts

- Fastjet, the low-cost African carrier has announced plans to introduce two weekly flights fromJohannesburg to Victoria falls as demands increases.

- Chinese visitors to Zimbabwe will be allowed to apply for a visa upon arrival following a loosening ofvisa restrictions. Additionally, visas have been scrapped entirely fr other countries within the SouthAfrican Development Community (SADC)

- Total inbound arrivals are forecast to rise by 19.4% between 2016 and 2020, reaching 2.7mn by the endof the period.

Table Of Contents

Zimbabwe Tourism Report Q2 2016
BMI Industry View 5
Table: Key Forecasts (Zimbabwe 2013-2020) 5
SWOT 6
Tourism 6
Industry Forecast 8
Table: Inbound Tourism (Zimbabwe 2013-2020) 12
Table: Tourism Receipts (Zimbabwe 2013-2020) 13
Table: Hotel Accommodation (Zimbabwe 2013-2020) 15
Table: Tourist Departures and Consumption (Zimbabwe 2013-2020) 16
Industry Risk/Reward Index 17
Table: Sub-Saharan Africa - Tourism Risk/Reward Index 17
Rewards 17
Risks 18
Market Overview 19
Competitive Landscape 22
Domestic Hotel Groups 22
Table: Domestic Hotel Groups 22
International Hotel Groups 23
Table: International Hotel Groups 23
Methodology 24
Industry Forecast Methodology 24
Risk/Reward Index Methodology 25
Table: Weighting Of Indicators 27

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