Travel And Tourism in Chad
Euromonitor International's Travel And Tourism in Chad 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: 53 | Publication date: Nov 2009
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
Violence and Insecurity Impede Travel and Tourism Development
Chad is one of those countries where history seems to keep repeating itself. Since it gained independence from France in 1960, the political and security situation in the country has remained volatile. Recurring violence and tensions, such as ethnic clashes, banditry, and fighting between government forces and armed rebel groups, both Chadian and Sudanese, have contributed to a fragile security situation in the country. Inbound tourist numbers declined by more than 50% between 2000 and 2008 due to heightened violence and the persistent lack of security. The lack of tourist patronage has also forced several players in the travel and tourism industry to cease operations. This in turn has increased the numbers of unemployed Chadians, making hopes for economic development in the country anytime soon seem unrealistic.
Booming Oil Economy Boosts Business Travel
Chad might be one of Africa’s poorest countries, yet it has one major source of wealth – oil – and it has only started to be tapped in the last few years. Despite the threat of political instability and insecurity in country, the number of tourist arrivals rose by almost 4% in 2008, thanks to an increase in business arrivals, which continues to dominate inbound tourism and registered the highest growth rate of 7%. Oil has now become Chad’s main foreign currency earner and is attracting business travellers from the energy sector worldwide. Revenues from the booming oil sector have helped to kick-start its faltering economy and are transforming the country into an attractive place for business and traders. Ever since the Chad-Cameroon pipeline was inaugurated in 2003, the country has been exporting oil on a significant scale. It is reckoned to have reserves of up to one billion barrels. Although that figure is not large in comparison to major oil producers in OPEC, by local standards the potential spoils are vast.
High Taxes and Custom Duties Deter Foreign Direct Investment
Chad’s growing oil economy has been attracting more interest internationally, especially from foreign oil companies. However, the government has been finding it difficult to attract foreign direct investment (FDI) into other sectors of the economy, which also includes travel and tourism. A major handicap to foreign investment in Chad has been high taxes and customs duties. According to Heritage Foundation’s 2008 Index of Economic Freedom report, Chad has one of the highest corporate tax rates (as high as 40%) in the sub-Saharan African region; it ranked 35th amongst 40 countries in terms of economic freedom. Because there are very few formal businesses in the country from which taxes can be raised, the government is taxing companies heavily in order to acquire a modest amount of revenue. Corruption is another major problem in tax collection and customs agencies. Other notable constraints to foreign investment in Chad include the several bureaucratic requirements, high energy costs, limited infrastructure and the scarcity of skilled labour. The government, however, has been embarking on measures to reduce certain taxes and harmonize its tax and customs system with those of other countries in the Central African Economic Community (CEMAC)
Challenges of Poor Infrastructure and High Transport Costs
Chad is a landlocked country, and one of the biggest handicaps to its economic development is the inferior quality of transportation links within the country as well as with some of its neighbours. Decades of civil war have crippled the development of transport infrastructure, especially in the north and east of the country, where roads are merely tracks across the desert and land mines continue to present a danger. Fuel supplies are also erratic and often very expensive. There are no railways and river transport is limited to the southwest corner. Also, only a very limited number of direct international flights serve the country. Poor infrastructure has driven up transportation costs, which have further served to heighten vulnerability, restrict movement, and also limit access to basic tourism services. Nevertheless, some improvements are expected as the government plans to build and upgrade existing roads with a yearly investment of about CFAF4 billion. This will boost travel throughout the country.
Table of contents
TRAVEL AND TOURISM IN CHAD : MARKET INSIGHT
EXECUTIVE SUMMARY
Violence and Insecurity Impede Travel and Tourism Development
Booming Oil Economy Boosts Business Travel
High Taxes and Custom Duties Deter Foreign Direct Investment
Challenges of Poor Infrastructure and High Transport Costs
KEY TRENDS AND DEVELOPMENTS
The New Oil Wealth and Its Impact on the Economy
Enormous Potential to Develop Tourism
Security Situation Remains Cause for Concern
MARKET INDICATORS
Table 1 Length of Domestic Trips: 2003-2008
Table 2 Length of Outbound Departures: 2003-2008
MARKET DATA
Table 3 Balance of Tourism Payments: Value 2003-2008
Table 4 Departures by Destination: 2003-2008
Table 5 Departures by Method of Transport: 2003-2008
Table 6 Departures by Purpose of Visit: 2003-2008
Table 7 Outgoing Tourist Expenditure: Value 2003-2008
Table 8 Forecast Departures by Destination: 2008-2013
Table 9 Forecast Departures by Method of Transport: 2008-2013
Table 10 Forecast Departures by Purpose of Visit: 2008-2013
Table 11 Forecast Outgoing Tourism Expenditure: Value 2008-2013
Table 12 Domestic Trips by Purpose of Visit and by Method of Transport: 2003-2008
Table 13 Domestic Tourist Expenditure: Value: 2003-2008
Table 14 Forecast Domestic Trips by Purpose of Visit and by Method of Transport: 2008-2013
Table 15 Forecast Domestic Tourist Expenditure: Value: 2008-2013
Table 16 Tourist Attractions: Value 2003-2008
Table 17 Forecast Tourist Attractions: Value 2008-2013
Table 18 Health and Wellness Tourism Sales: Value 2003-2008
Table 19 Forecast Health and Wellness Sales: Value 2008-2013
DEFINITIONS
Tourism parameters
Travel accommodation
Transportation
Car rental
Travel retail
Tourist attractions
Health and wellness
Internet sales
Internet sales: dynamic packaging
Internet sales: traditional package holiday
Summary 1 Research Sources
INBOUND TOURISM FLOWS
Headlines
Trends
Prospects
Sector Data
Table 20 Arrivals by Country of Origin: 2003-2008
Table 21 Arrivals by Method of Transport: 2003-2008
Table 22 Arrivals by Purpose of Visit: 2003-2008
Table 23 Incoming Tourist Receipts: Value 2003-2008
Table 24 Forecast Arrivals by Country of Origin: 2008-2013
Table 25 Forecast Arrivals by Method of Transport: 2008-2013
Table 26 Forecast Arrivals by Purpose of Visit: 2008-2013
Table 27 Forecast Incoming Tourist Receipts: Value 2008-2013
TRAVEL ACCOMMODATION
Headlines
Trends
Prospects
Sector Data
Table 28 Travel Accommodation Sales by Sector: Value 2003-2008
Table 29 Travel Accommodation Outlets by Sector: Units 2003-2008
Table 30 Regional Hotel Parameters 2008
Table 31 Travel Accommodation Internet Sales: Internet Transaction Value 2003-2008
Table 32 Hotel Company Rankings 2005-2008
Table 33 Forecast Travel Accommodation Sales by Sector: Value 2008-2013
Table 34 Forecast Travel Accommodation Outlets by Sector: Units 2008-2013
Table 35 Forecast Travel Accommodation Internet Sales: Internet Transaction Value 2008-2013
TRANSPORTATION
Headlines
Trends
Prospects
Sector Data
Table 36 Transportation Sales by Sector: Value 2003-2008
Table 37 Transportation Internet Sales: Internet Transaction Value 2003-2008
Table 38 Air Company Rankings 2005-2008
Table 39 Forecast Transportation Sales by Sector: Value 2008-2013
Table 40 Forecast Transportation Internet Sales: Internet Transaction Value 2008-2013
CAR RENTAL
Headlines
Trends
Prospects
Sector Data
Table 41 Car Rental Sales: Value 2003-2008
Table 42 Car Rental Internet Sales: Internet Transaction Value 2003-2008
Table 43 Car Rental Company Rankings 2005-2008
Table 44 Forecast Car Rental Sales: Value 2008-2013
Table 45 Forecast Car Rental Internet Sales: Internet Transaction Value 2008-2013
TRAVEL RETAIL
Headlines
Trends
Prospects
Sector Data
Table 46 Travel Retail Outlets: Units 2003-2008
Table 47 Travel Retail Products Sales: Value 2003-2008
Table 48 Travel Retail Products Internet Sales: Internet Transaction Value 2003-2008
Table 49 Travel Retail Products Company Rankings 2005-2008
Table 50 Forecast Travel Retail Outlets: Units 2008-2013
Table 51 Forecast Travel Retail Products Sales: Value 2008-2013
Table 52 Forecast Travel Retail Products Internet Sales: Internet Transaction Value 2008-2013