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Learn more20 pages, Sep 2017
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Inbound arrivals grew throughout the review period, with a CAGR of 9% for the period from 2013, and a 4% increase in 2017. Geopolitical instability in Northern Africa and Middle East since the beginning of the decade, particularly in destinations such as Tunisia, Egypt and Turkey, have led to the search for alternative destinations for leisure travel, boosting demand for Portugal and other Southern European countries. Targeted marketing operations led by Turismo de Portugal, the Portuguese government and local authorities have also contributed to the international hype regarding Portugal. But definitive has been the increasing attention of low cost carriers to Portugal, establishing new routes to the country and enabling cheaper flights from short-haul European destinations to the continent’s most occidental destination.
Inbound arrivals are expected to increase 3% CAGR during the forecast period, representing a deceleration from the 9% CAGR of the period from 2012 to 2017. This is being interpreted as a sign of the maturity of Portugal as a travel destination, after the recent boom.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Flows industry in Portugal with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Flows industry in Portugal, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport, our Travel And Tourism market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.