Press release
Tourism Potential Index Market - Iceland Conuited to be Fastest Growing Market in Terms of International Arrivals, 2018-2022
Tourism Potential IndexOverview
"Tourism Potential Index 2018", analyses 60 major developed and emerging tourist markets around the world. The model is divided into two parts: the first provides a ranking of the forecast average annual growth in international arrivals. The second part, a star rating, provides analysis of current conditions and a risk-adjusted assessment of growth potential.
The star rating is based on four dimensions of potential: significance (20%), competitiveness (20%), attractiveness (35%), and convenience (25%). Within the dimensions there are a number of key factors that are assessed on the basis of various indicators, of which there is a balance between quantitative and qualitative data.
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Companies mentioned
TUI
Tourism Potential Index Major Outlook
- Iceland remains the fastest growing market in terms of international arrivals, seeing an increase from 1.8 million in 2016 to 2.1 million in 2017. The growth rate over the next four years will be 11.7%.
- As global risk has risen, the global average score declined by 4.4 points, from 46 points in 2017 to 41.6 in 2018. In total, only seven countries increased their score from last year. In total, only seven countries increased their score from last year: Portugal, the UAE, Norway, South Korea, the US, Egypt, and Ukraine.
- Norway saw the fastest rise out all countries, with an increase of 3.3 points from last year and rising from 34th to eighth place.
- A total of three countries hold a one-star rating in the 2018 Tourism Potential Index, the same number as last year. Both Saudi Arabia and Brazil have failed to increase their rating this year. Whereas Ukraine has risen by 2.9 points to score a two-star rating, Russia has fallen by 3.6 points to lose a star.
Table of Contents
Table of Contents
Overview
Market Forecast
Overview Star Rating
Attractiveness
Significance
Convenience
Competitiveness
Risk
Country in Focus: Sri Lanka
Country in Focus: The US
Country in Focus: Iceland
Country in Focus: South Africa
Appendix
Tourism Potential Index - Competitive Analysis
Key players are making innovative developments in Tourism Potential Index. The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector
.Continued
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Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.
Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.
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