Country Report

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Travel in Angola

20 pages, Aug 2016

US$660

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Executive Summary

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Travel emerging as an alternative for the declining oil industry

Angola has historically been a country that is extremely reliant on the oil industry and oil transactions, which have supported the evolution of the country’s economy over the last decade. Nonetheless, the downturn in oil prices has led to many difficulties for the national economy, with Angola having to turn to the International Monetary Fund for help. With the oil industry facing difficulties, travel and tourism has emerged as an interesting and profitable alternative for generating income.

Entrepreneurship fuelling the online channel

Despite the online channel still only having a minor presence in the travel industry when compared to the offline channel, it nevertheless saw dynamic growth over the review period. The current dynamics which the country is witnessing with the investments of international chains, especially in accommodation and airlines, has been geared towards the development of online transactions. As Angolan society becomes more educated, the online channel should evolve.

Lodging and airlines fuelling growth

Lodging and airlines were two of the most dynamic categories operating in the Angolan travel industry in 2015. As both inbound as well as domestic flows increased, both national as well as international entrepreneurs have been attracted to invest in this category, with new and modern infrastructure emerging. In parallel, at the end of 2014 the local airlines industry was impacted by changes. TAAG, the country’s most recognised airline company, failed to be profitable and a restructuring process was performed. This company is now managed by Emirates, an airline company which is also investing in the country.

Domestic tourism strategy showing the way

According to the national tourism body, domestic tourism has high potential for development and deserves the creation of conditions which could help it find success and fuel the growth of the country’s travel industry. In line with this, in 2015 Infotur decided to create the “Tourist Card”. This is a very simple initiative in which domestic tourists are enabled to enjoy exclusive discounts in lodging, transportation and with other partners. Similar initiates are already being equated for inbound tourists

Important investments to drive tourism flows

Several international airlines have been demanding new airport infrastructure and it seems that the Angolan government has decided to heed their calls. A new modern airport project for the capital, Luanda, has been developed and it is likely to be fully operational in 2017. This dynamic is foreseen to be contagious in other categories and should lead to further investment in the overall travel industry over the forecast period.

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Overview:

Discover the latest market trends and uncover sources of future market growth for the Travel industry in Angola 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 Angola, 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 Angola 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 Angola 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 Angola?
What are the major brands in Angola?

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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Travel in Angola

EXECUTIVE SUMMARY

Travel emerging as an alternative for the declining oil industry

Entrepreneurship fuelling the online channel

Lodging and airlines fuelling growth

Domestic tourism strategy showing the way

Important investments to drive tourism flows

SWOT

Summary 1 Destination Angola: SWOT

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Travel in Angola

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Executive Summary

New Report Guarantee

Travel emerging as an alternative for the declining oil industry

Entrepreneurship fuelling the online channel

Lodging and airlines fuelling growth

Domestic tourism strategy showing the way

Important investments to drive tourism flows

Samples

Overview

Why buy this report?

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Table of Contents

Travel in Angola

EXECUTIVE SUMMARY

Travel emerging as an alternative for the declining oil industry

Entrepreneurship fuelling the online channel

Lodging and airlines fuelling growth

Domestic tourism strategy showing the way

Important investments to drive tourism flows

SWOT

MARKET DATA

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Trends

Prospects

Category Data

AIRLINES

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Trends

Prospects

Category Data

LODGING

Headlines

Trends

Prospects

Category Data

INTERMEDIARIES

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Trends

Prospects

Category Data

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