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Country Report

Travel in

Travel and Tourism in Togo

20 pages, Sep 2014

US$660

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Investment in airport infrastructure boosts air arrivals

Following the investment of US$150 million in the modernisation and expansion of Lomé-Tokoin International Airport, the number of air arrivals in Togo increased dramatically in 2013. It is anticipated that the airport will now be able to receive up to four times more passengers each year. Having recognised the potential for growth in Togo’s travel and tourism industry and in light of the upgrade of the airport, airlines are now likely to offer more services into Togo. Recently, ASKY Airlines introduced a new Lomé-Bissau route and announced new plans to connect Togo with destinations in Europe.

Ecotourism: a key growth sector in travel and tourism

While there are some deficiencies in terms of the country’s inadequate road infrastructure and the lack of high quality accommodation, Togo is a treasure trove of ecological diversity and offers huge biodiversity in its protected natural habitats. These natural wonders attract visitors from far and wide and the country’s larger cities represent ideal gateways for those wishing to visit its natural delights. The wildlife, diversity of landscape, stunning beaches and pleasant climate are all favourable for travel and tourism. Large numbers of visitors to Togo now seek to experience the country’s nature first-hand, enjoy extreme sports and seek out new adventures. In addition, the Togo Tourism & Development Foundation helps local communities to develop new strategies to attract more tourists, offering interaction with nature, adventure sports and the chance to explore.

New hotels set to boost premium travel accommodation

In light of Togo’s economic recovery and the increasing numbers of arrivals, there are concerns over the potential shortage of high-quality travel accommodation in the country. Due to the high growth potential and the reduced competition in the country, Groupe Onomo and the Grupo Prefaco intend to maintain investment projects within the country. These new hotels aim to provide superior quality services to meet demand, which has recently been a very positive factor boosting demand for travel and tourism in Togo.

Natural resources attract business travellers

Togo is a country which is rich in natural resources, including oil and phosphate. This offers potentially lucrative investment opportunities to international companies from more developed nations. Business travellers who are drawn to Togo by its oil reserves also have the opportunity to explore previously unknown resources. Because of this, ENI recently announced its interest in increasing investment in Togo.

Perceived security issues discourage some tourists from visiting Togo

The lack of security remains a major threat to the development of travel and tourism in Togo. Despite overall positive advances in this area in recent years, high levels of unemployment and the country’s poorly equipped police force mean that criminality is rife in major cities such as Lomé. Foreign tourists are generally advised not to leave main cities, although if they remain within the cities, they lose the opportunity to experience the outstanding natural and cultural diversity which Togo has to offer. Such issues relating to personal security unfortunately place limits on the potential growth of Togo’s travel and tourism industry.

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Overview:

Discover the latest market trends and uncover sources of future market growth for the Travel industry in Togo 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 Travel industry in Togo, our research will save you time and money while empowering you to make informed, profitable decisions.

When you purchase this report, you also get the data and the content from these category reports in Togo for free:

Car Rental
Health and Wellness Tourism
Tourism Flows Domestic
Tourism Flows Inbound
Tourism Flows Outbound
Tourist Attractions
Transportation
Travel Accommodation
Travel Retail

The Travel in Togo market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation
Historic volumes and values, company and brand market shares
Five year forecasts (of market share, market trends, market growth)
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Travel in Togo?
What are the major brands in Togo?

Why buy this report?

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

This industry report originates from Passport, our

Travel And Tourism market research database.

Each report is delivered with the following components:Report: PDF and Word Market statistics: Excel workbook

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