Travel and Tourism in Finland to 2019

Travel and Tourism in Finland to 2019

Code: CAN-TT0256MR | Published: Nov-2015 | Pages: 112 | Canadean
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With the increase in the aging population, the domestic spending is expected to grow as compared to the outbound spending. The total number of inbound trips plunged in 2014 as the arrivals from Russia, its largest source market, fell due to the sanctions and the depreciation of the ruble against the US dollar. Outbound trips grew at a CAGR of 8.68% during the historic period and most of the trips are to the neighbouring countries including Estonia and Sweden.

Key Findings
- Finlands travel and tourism sector depicted growth during the historic period (2009-2014), supported by a rise in international arrivals. However, in 2014, the number of arrivals from Russia declined as compared to the previous year due to the western sanctions imposed on it. The total number of tourist arrivals in Finland is expected to reach 4.8 million by 2019. Moreover, domestic tourist volumes fell at a CAGR of -1.44%, while domestic tourist expenditure increased at a CAGR of 2.54%. The ongoing crisis in the Finnish economy was one of the major factors adversely affecting the domestic and outbound trips in the recent years. The number of departures reached 8.8 million by 2014. Canadean expects the volume of outbound tourists from Finland to rise at a forecast period CAGR of 3.61%, to reach 10.6 million by 2019.

- In 2015, ITB Asia, the Trade Show for the Asian Travel Market, named Finland to be its partner country for the 2016 show. ITB Asia is considered to be one of the best meeting hubs for travel industry leaders which acts as a platform for building contacts and conducting businesses. With this partnership, VisitFinland (Finnish Tourism Board) aims to launch a new Stopover Finland programme, in collaboration with Finnair. The motive behind this programme is to showcase Finland as a stopover destination for passengers travelling via Helsinki airport by building attractive packages from hours to several days. Several packages and services such as accommodation will be provided to these passengers. This initiative will be first launched for tourists from Mainland China, Hong Kong, Japan and South Korea during ITB Asia in 2016.

- In 2014, a rise in the number of passengers travelling through sea on the Helsinki (Finland) - Tallinn (Estonia) route was recorded. Considering the fact that Estonia is one of the prime destination markets, Viking Line, a Finnish shipping company provided its services again during the summer season in 2015.

Synopsis
Canadeans report - Travel and Tourism in Finland to 2019 - provides detailed information on the countrys tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, expenditure, and the airline, hotel, car rental, and travel intermediaries industries.

What else does this report offer?

- Historic and forecast tourist volumes covering the entire Finland Travel and Tourism sector

- Detailed analysis of tourist spending patterns for various categories, such as accommodation, sightseeing entertainment, foodservice, transportation, retail, travel intermediaries, and others

- Analysis of trips by purpose and mode of transport, and expenditure across various categories including domestic, inbound, and outbound tourism, with analysis using similar metrics

- Analysis of the airline, hotel, car rental, and travel intermediaries industries by customer type - leisure and business travelers

Reasons To Buy
- Make strategic business decisions using historic and forecast market data related to Finlands Travel and Tourism sector

- Understand the demand-side dynamics within the industry to identify key market trends and growth opportunities

- Direct the promotional efforts on most promising markets by identifying the key source and destination countries

Table of Contents

Executive Summary
Introduction
Travel and Tourism Sector in Context
Domestic Tourism
Market summary and key developments in Finland domestic tourism market
Historical and projected figures for domestic trips and domestic expenditure in Finland
Domestic trips-trips by purpose of visit and by season, average length of trip and overnight stays
Inbound Tourism
Market summary and key developments in Finland inbound tourism market
Historical and projected figures for inbound trips and inbound expenditure in Finland
Tourist arrivals from top 10 countries to Finland
Inbound trips-trips by purpose of visit and mode of transport
Inbound trips-average length of trip and overnight stays
Outbound Tourism
Market summary and key developments in Finland outbound tourism market
Historical and projected figures for outbound trips and outbound expenditure in Finland
Tourist departures to top 10 countries from Finland
Outbound trips-trips by purpose of visit and mode of transport
Outbound trips-average length of trip and overnight stays
Airlines
Market summary and key developments in Finland airlines industry
Revenues and seats sold in Finland airlines market
Low cost airlines in Finland-seats available, seats sold and load factor
Low cost airlines in Finland-total revenue and revenue per customer
Low cost airlines in Finland-revenue generating passenger kilometers versus kilometers available
Full service airlines in Finland-seats available, seats sold and load factor
Full service airlines in Finland-total revenue and revenue per customer
Full service airlines in Finland-revenue generating passenger kilometers versus kilometers available
Charter airlines in Finland-seats available, seats sold and load factor
Charter airlines in Finland-total revenue and revenue per customer
Charter airlines in Finland-revenue generating passenger kilometers versus kilometers available
Competitive landscape
Hotels
Market summary and key developments in Finland hotel industry
Revenues, room nights available and revenue per available room in Finland hotel industry
Hotel establishments by category and available hotel rooms by category in Finland
Budget hotels in Finland-revenues, room occupancy rates, room nights available and room nights occupied
Budget hotels in Finland-revenue per available room and revenue per occupied room
Budget hotels in Finland-revenue by customer type and guests by customer type
Midscale hotels in Finland-revenues, room occupancy rates, room nights available and room nights occupied
Midscale hotels in Finland-revenue per available room and revenue per occupied room
Midscale hotels in Finland-revenue by customer type and guests by customer type
Upscale hotels in Finland-revenues, room occupancy rates, room nights available and room nights occupied
Upscale hotels in Finland-revenue per available room and revenue per occupied room
Upscale hotels in Finland-revenue by customer type and guests by customer types
Luxury hotels in Finland-revenues, room occupancy rates, room nights available and room nights occupied
Luxury hotels in Finland-revenue per available room and revenue per occupied room
Luxury hotels in Finland-revenue by customer type and guests by customer type
Competitive Landscape
Car Rental
Market value of car rental industry in Finland
Car rental value in Finland by rental type and location, and average revenue per day
Car rental in Finland-fleet size, rental days and market utilization rate
Travel Intermediaries
Market value of travel intermediaries industry in Finland
Travel i??ter??ediaries o??li??e reve??ues a??d i??-store revenues by provider
Airport Profiles
Market Data
Domestic tourism
Inbound tourism
Outbound tourism
Airlines
Hotels
Car rental
Travel intermediaries
Tourism output
Tourism employment
Appendix
Travel and tourism sector definitions
Sokos Hotels
Cumulus Hotels
Scandic Hotels
Best Western International Inc.
Lapland Hotels
Carlson Rezidor Hotel Group
Omena Hotels
KAmp Group Hotels
InterContinental Hotel Group
Hilton Worldwide
Finnair
Norwegian Air Shuttle
SAS Scandinavian Airlines
Lufthansa German Airlines
Flybe

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