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Travel: In-depth Industry Report in Monaco

  • August 2016
  • 17 pages
  • ID: 150330
In this report:
Decline in MICE tourism affects arrivals while cruise tourism sees strong growth in 2015 France, Italy and the UK comprise Monaco's largest source markets and the more positive economic environment in Western Europe is the biggest contributor to inbound arrivals Inbound arrivals are expected to increase at a CAGR of ##% over the forecast period to reach ##,## in 2020

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Monaco's travel industry saw a mixed performance in 2015. On the one hand, cruise arrivals increased in 2015 and leisure tourism rose, helped by the superior economic framework in Western Europe. On the other hand, MICE travel contracted in 2015 since businesses remained conscious about their expenses and Monaco faced increasing competition from other destinations. The ongoing decline in arrivals from Russian Federation also negatively impacted the sector in 2015.

Euromonitor International's Travel in Monaco report provides a thorough outline of the market magnitude and design at a national level. It offers up-to-date data on the market situation 2011-2015, permitting you to recognize the sectors generating growth. It highlights the top firms and presents strategic overview of top factors impacting the market - new legislative, technology or pricing issues. Background data on annual leave, annual holiday and disposable income is also contained. Projections to 2020 expose how the segment might evolve.

Product coverage: Activities, Booking, Flows, Lodging, Travel Modes, Traveller Profiles.

Data coverage: market values (historic and estimations), number of company shares and market shares.

Few good reasons for buying this report

Get an in-depth picture of the Travel market;

Point out growth segments and apprehend elements driving change;

Comprehend the competitive environment, the segment's main actors and major brands;

Use 5-year projections to apprehend how the segment is forecasted to change.

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