Travel And Tourism in Anguilla
Euromonitor International's Travel And Tourism in Anguilla report offers a comprehensive guide to the market at a national level. It looks at travel accommodation, transportation, car rental, tourist attractions and retail travel. It identifies the leading companies and offers strategic analysis of key factors influencing the market, including background information on disposable income, annual leave and holiday taking habits.
Buy online to access strategic market analysis and an interactive statistical database of market size data for travel accommodation, transportation, car rental, travel retail, tourism attractions and health and wellness tourism, tourism inflows and outflows, tourism spending and company and brand shares.
Tables: 47 | Publication date: Oct 2008
Why buy this report
- Get insight into trends in market performance
- Pinpoint growth sectors and identify factors driving change
- Identify market and brand leaders and understand the competitive environment
Product coverage
Car rental; Demand factors; Health & wellness tourism; Tourism flows domestic; Tourism flows inbound; Tourism flows outbound; Tourism receipts and expenditure; Tourist attractions; Transportation; Travel accommodation; Travel retail
Executive summary
Airlines and Cruise Companies Affected by the High Price of Fuel
Escalating oil prices left a number of airlines with no choice other than to pass higher costs onto passengers. However, aggressive competition, characterised by excess capacity and non-stop fare wars, led to real price reductions in air fares at the end of the review period. In particular, Anguilla will be affected by the merger between LIAT and Caribbean Star, which will probably decrease capacity and increase fares. The financial and legal documentation of this merger was completed in the first quarter of 2007. Although cruises are affected by the rise in fuel prices, they react differently due to the high spend of passengers during travel. Even so, the world's second-largest cruise group, Royal Caribbean Cruises Ltd, announced that it will charge passengers a fuel surcharge of US$5 or EUR3.50 a day from February 2008.
Investment in Anguilla Seems Non-stop
Despite the government restrictions on investment, there are many projects underway to construct new hotels and other facilities, mainly aimed at satisfying the needs of wealthy tourists. The infrastructure of the island is also being updated to adapt to the particular necessities of rich visitors. For example, the facilities at Wallblake airport were updated in the period 2004-2005, and one of the changes made was to welcome the exclusive jets of some luxury visitors. However, according to Lloyds Aviation Service, the company in charge of air traffic control, there are plans to add another runway in 2008, because the demand for landing space for jets was totally underestimated. It is also worth noting that according to industry experts, dry dock facilities will be developed in the future for luxury yachts, which will also add value to the tourist industry.
Anguilla Maintains Its Position as a Luxury Destination
Anguilla has become one of the favourite places in the Caribbean for wealthy tourists because it offers a great combination of beautiful white sandy beaches, luxury hotels and exclusive restaurants which satisfy the most demanding guests, combined with all the privacy that these types of visitors demand. All these features shape Anguilla into a very attractive destination for the relaxation of the wealthiest tourists in the world.
Anguilla Is Member of the Emergency Fund
Anguilla is member of the Caribbean Catastrophe Risk Insurance Facility. This fund will allow the country, in the case of a major hazard, to have access to early cash payments. Anguilla is one of 16 countries in the region which are part of this facility, which started operations from the 2007 Caribbean hurricane season. This fund will provide the country with the funds to react quickly to restore its travel infrastructure in case of disaster, and not to lose the important inflow of tourists. It is provided with coverage in the case of hurricanes of up to US$53 million and US$5 million in the event of an earthquake.
Table of contents
TRAVEL AND TOURISM IN ANGUILLA : MARKET INSIGHT
EXECUTIVE SUMMARY
Airlines and Cruise Companies Affected by the High Price of Fuel
Investment in Anguilla Seems Non-stop
Anguilla Maintains Its Position as a Luxury Destination
Anguilla Is Member of the Emergency Fund
KEY TRENDS AND DEVELOPMENTS
Positioned as a Luxury Destiny for Rich and Famous People
Efficient Marketing Strategies Foment Growth
Economic Growth and Investment in Anguilla Seems Non-stop
Escalating Oil Prices
New Passport Requirements
MARKET INDICATORS
Table 1 Length of Domestic Trip: 2002-2007
Table 2 Length of Outbound Departure: 2002-2007
MARKET DATA
Table 3 Arrivals by Country of Origin: 2002-2007
Table 4 Arrivals by Method of Transport: 2002-2007
Table 5 Arrivals by Purpose of Visit: 2002-2007
Table 6 Incoming Tourist Receipts: Value 2002-2007
Table 7 Forecast Arrivals by Country of Origin: 2007-2012
Table 8 Forecast Arrivals by Method of Transport: 2007-2012
Table 9 Forecast Arrivals by Purpose of Visit: 2007-2012
Table 10 Forecast Incoming Tourist Receipts: Value 2007-2012
Table 11 Departures by Destination: 2002-2007
Table 12 Departures by Method of Transport: 2002-2007
Table 13 Departures by Purpose of Visit: 2002-2007
Table 14 Outgoing Tourist Expenditure: Value 2002-2007
Table 15 Forecast Departures by Destination: 2007-2012
Table 16 Forecast Departures by Method of Transport: 2007-2012
Table 17 Forecast Departures by Purpose of Visit: 2007-2012
Table 18 Forecast Outgoing Tourist Expenditure: Value 2007-2012
Table 19 Domestic Trips by Purpose of Visit and by Method of Transport: 2002-2007
Table 20 Domestic Tourist Expenditure: Value: 2002-2007
Table 21 Forecast Domestic Trips by Purpose of Visit and by Method of Transport: 2007-2012
Table 22 Forecast Domestic Tourist Expenditure: Value: 2007-2012
Table 23 Tourist Attractions: Value 2002-2007
Table 24 Forecast Tourist Attractions: Value 2007-2012
Table 25 Health and Wellness Tourism Sales: Value 2002-2007
Table 26 Forecast Health and Wellness Sales: Value 2007-2012
Table 27 Balance of Tourism Payments: Value 2002-2007
TRAVEL ACCOMMODATION
Headlines
Trends
Prospects
Sector Data
Table 28 Travel Accommodation Sales by Sector: Value 2002-2007
Table 29 Travel Accommodation Outlets by Sector: Units 2002-2007
Table 30 Regional Hotel Parameters 2007
Table 31 Travel Accommodation by Sector: Number of Rooms 2005-2007
Table 32 Travel Accommodation by Sector: Number of Beds 2005-2007
Table 33 Hotel Company Rankings 2005-2007
Table 34 Forecast Travel Accommodation Sales by Sector: Value 2007-2012
Table 35 Forecast Travel Accommodation Outlets by Sector: Units 2007-2012
TRANSPORTATION
Headlines
Trends
Prospects
Sector Data
Table 36 Transportation Sales by Sector: Value 2002-2007
Table 37 Airline Company Rankings 2005-2007
Table 38 Forecast Transportation Sales by Sector: Value 2007-2012
CAR RENTAL
Headlines
Trends
Prospects
Sector Data
Table 39 Car Rental Sales: Value 2002-2007
Table 40 Car Rental Company Rankings 2005-2007
Table 41 Forecast Car Rental Sales: Value 2007-2012
TRAVEL RETAIL
Headlines
Trends
Prospects
Sector Data
Table 42 Travel Retail Outlets: Units 2002-2007
Table 43 Travel Retail Products Sales: Value 2002-2007
Table 44 Travel Retail Products Company Rankings 2005-2007
Table 45 Forecast Travel Retail Outlets: Units 2007-2012
Table 46 Forecast Travel Retail Products Sales: Value 2007-2012
DEFINITIONS
Tourism Parameters
Travel Accommodation
Transportation
Car Rental
Travel Retail
Internet Sales
Sources
Summary 1 Research Sources