Travel And Tourism in Honduras
Euromonitor International's Travel And Tourism in Honduras 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: 57 | 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
Intraregional tourism benefits Honduras
Honduras has seen its inbound tourism increase, derived from the joint efforts of Central American countries to promote the region as a multidestination tourist area. The Central American Integration System (SICA) announced in July 2007 the approval of a US$2 million budget for promotional purposes in Europe. Better communication and road systems will be required in order to achieve tourism growth in the Central American region. Honduras is also a member of the Mayan World Organization, which signed an Open Skies agreement in August 2007 to guarantee full air connectivity between all Mayan attractions in Honduras, Guatemala, Belize, El Salvador and Mexico. The participating governments are working on achieving this promise.
Honduras also benefited from intraregional tourism in 2007 when there was a boom in visitors from El Salvador, who drastically shifted their tourism preferences from Guatemala towards Honduras during the Easter holiday season. This phenomenon was a response to the assassination of three Salvadoran deputies in Guatemala in February 2007.
Airline travel is booming
After successful negotiations with the Honduras government, in April 2007 Spirit Airlines finally announced its new non-stop Fort Lauderdale-San Pedro Sula route starting in July 2007, which brightened the perspectives for the tourism industry. This is a great achievement for Honduras since its strongest competitors in the region, namely Costa Rica and Guatemala, already enjoy the benefits of Spirit Airlines’s services in their own airports. Additionally, Blue Panorama started flights between Roma and Roatán in April 2007, extending the possibility of inbound tourism in Honduras. Aeroméxico also announced its new Mexico City-San Pedro Sula route that started in June 2007, which is expected to increase visitor traffic between both countries.
Bahía de Tela is envisioned as the country’s leading tourism project
After joint efforts by the Inter-American Development Bank and the Honduras Tourism Institute to call for bids during 2006, Bahía de Tela was outlined as a major tourism project. In an area of 816 hectares, a world-class resort is being built, intended to be able to compete with similar establishments in Mexico and Costa Rica. Construction started in October 2007. The investment amounts to US$161.3 million, with the government owning a 49% share, of which 7% will be transferred to the local community. At the same time, the government is evaluating the possibility of building a four-lane highway in order to facilitate access to this region.
Table of contents
TRAVEL AND TOURISM IN HONDURAS : MARKET INSIGHT
EXECUTIVE SUMMARY
Intraregional tourism benefits Honduras
Airline travel is booming
Bahía de Tela is envisioned as the country’s leading tourism project
KEY TRENDS AND DEVELOPMEÍNTS
Honduras’s hopes are placed on Bahía de Tela
What tourists are looking for in Honduras
Multidestination area as a source of consolidation
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 Tourist Attractions Internet Sales: Internet Transaction Value 2002-2007
Table 25 Forecast Tourist Attractions: Value 2007-2012
Table 26 Forecast Tourist Attractions Internet Transaction Sales: Internet Transaction Value 2007-2012
Table 27 Health and Wellness Tourism Sales: Value 2002-2007
Table 28 Forecast Health and Wellness Sales: Value 2007-2012
Table 29 Balance of Tourism Payments: Value 2002-2007
TRAVEL ACCOMMODATION IN HONDURAS
Headlines
Trends
Prospects
Sector Data
Table 30 Travel Accommodation Sales by Sector: Value 2002-2007
Table 31 Travel Accommodation Outlets by Sector: Units 2002-2007
Table 32 Regional Hotel Parameters 2007
Table 33 Travel Accommodation by Sector: Number of Rooms 2005-2007
Table 34 Travel Accommodation by Sector: Number of Beds 2005-2007
Table 35 Travel Accommodation Internet Sales: Internet Transaction Value 2002-2007
Table 36 Hotel Company Rankings 2005-2007
Table 37 Forecast Travel Accommodation Sales by Sector: Value 2007-2012
Table 38 Forecast Travel Accommodation Outlets by Sector: Units 2007-2012
Table 39 Forecast Travel Accommodation Internet Sales: Internet Transaction Value 2007-2012
TRANSPORTATION IN HONDURAS
Headlines
Trends
Prospects
Sector Data
Table 40 Transportation Sales by Sector: Value 2002-2007
Table 41 Transportation Internet Sales: Internet Transaction Value 2002-2007
Table 42 Airline Company Rankings 2005-2007
Table 43 Forecast Transportation Sales by Sector: Value 2007-2012
Table 44 Forecast Transportation Internet Sales: Internet Transaction Value 2007-2012
CAR RENTAL IN HONDURAS
Headlines
Trends
Prospects
Sector Data
Table 45 Car Rental Sales: Value 2002-2007
Table 46 Car Rental Internet Sales: Internet Transaction Value 2002-2007
Table 47 Car Rental Company Rankings 2005-2007
Table 48 Forecast Car Rental Sales: Value 2007-2012
Table 49 Forecast Car Rental Internet Sales: Internet Transaction Value 2007-2012
TRAVEL RETAIL IN HONDURAS
Headlines
Trends
Prospects
Sector Data
Table 50 Travel Retail Outlets: Units 2002-2007
Table 51 Travel Retail Products Sales: Value 2002-2007
Table 52 Travel Retail Products Internet Sales: Internet Transaction Value 2002-2007
Table 53 Travel Retail Products Company Rankings 2005-2007
Table 54 Forecast Travel Retail Outlets: Units 2007-2012
Table 55 Forecast Travel Retail Products Sales: Value 2007-2012
Table 56 Forecast Travel Retail Products Internet Sales: Internet Transaction Value 2007-2012
DEFINITIONS
Tourism Parameters
Travel accommodation
Transportation
Car rental
Travel retail
Internet sales
Summary 1 Research Sources