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Travel And Tourism In The Netherlands To 2017

743 words - 3 pages

Travel and Tourism in the Netherlands to 2017

Inbound tourist volume in the Netherlands expanded at a CAGR of 3.20% over the last five years.

Aarkstore Enterprise (India), 28th September, 2013 : Tourist values in the Netherlands increased between 2008 and 2012 due to the country’s improved travel infrastructure and the availability of cheaper travel options. The country’s inbound tourist volume expanded at a CAGR of 3.20% over the last five years and is expected to record growth at a CAGR of 1.29% until, at least, 2017. However, the government’s expenditure on tourism was less than in neighboring countries at EUR32.4 billion, accounting for only 5.4% of the country’s GDP in 2012. ...view middle of the document...

Citizens use the internet to make online bookings, find information, and book transport and accommodation between two to six months prior to going on a trip. Online research report channels will therefore be a key driver of growth among travel intermediaries.

Many tour operators connect with customers through social media channels and renovate their web presence to offer more dynamic tour packages. Innovations such as customized mobile apps are also expected due to an increase in the use of mobile devices for accessing tour operator services. Airport infrastructure in the country is being

improved to handle increased passenger traffic. For example, Amsterdam’s Schiphol airport plans to invest EUR1.0 billion in improving its facilities to free up airspace for further expansion. The main aim is to expand Lelystad’s runway for use by thousands of charter flights by 2017.

The hotel market’s performance is expected to improve over the next five years, with total revenue recording a CAGR of 3.31% and the number of guests increasing at a CAGR of 1.75%, in line with the growth in inbound and domestic tourist volumes. Demand for accommodation will be met with the development of new establishments. For example, construction of a new Hilton hotel with 433 guest rooms,...

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