Travel in
Mongolia

Country Report

Executive Summary

Sep 2016
Sluggish performance

Mongolia has had three difficult years following a “mini-boom” which took place in 2011/2012. Since then, the number of inbound arrivals has been in decline, mainly because of the difficult economic situation in Russia and China, the country’s two leading source markets. Arrivals from China recovered in 2015, but arrivals from Russia continued to see a significant decline, leaving a further gap in the market.

Seasonality and poor diversity

Mongolia faces two major challenges which includes the high seasonality of the destination whereby the weather is extremely cold during the winter season, keeping tourists away for much of the year. The other challenge is that the ideal time to visit Mongolia is between June and August, when many international travellers opt for seaside destinations. Mongolia has therefore been unable to diversify its tourist base away from China, Russia and a few other Asian markets, causing a further headache for industry players.

Competition increasing

Many regional countries are emerging as new and exciting destinations for global travellers, including Myanmar, Cambodia, and Laos. All of these countries are experiencing strong growth, infrastructure developments, and government incentives and investments aimed at boosting their respective travel industries. Long haul and short haul travellers alike are choosing these destinations, especially in light of the poor transportation network into Mongolia.

A new airport for Mongolia

The widely anticipated Ulaanbaatar International Airport is expected to be completed sometime in 2016 or early 2017, boosting the passenger capacity from one million to more than three million. This will allow more airlines to enter the market, as well as allowing national carriers to expand. MIAT Mongolian Airlines is the leading national carrier and it celebrated 60 years of operations in 2015. However, it remains very small with a fleet of just five aircraft catering to eight destinations. The airline held a monopoly for a long time, but new airlines are beginning to launch routes to Mongolia, albeit very slowly.

From Ger camps to 5-star hotels

The lodging industry has also remained rather underdeveloped, with the vast majority being local independent and unrated hotels and hostels. Guesthouses are favoured by backpackers and adventure travellers, while a new type of lodging which is being offered via platforms like Airbnb include Ger camps, which are based on a type of tent that is traditionally used by nomads in central Asia. Meanwhile, one significant new opening in 2015 was the Shangri La’s 5-star outlet, which has a shopping mall and centre making it an all-inclusive destination for business and leisure tourists.

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Travel in Mongolia

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Overview:

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

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

Travel in Mongolia

EXECUTIVE SUMMARY

Sluggish performance
Seasonality and poor diversity
Competition increasing
A new airport for Mongolia
From Ger camps to 5-star hotels

SWOT

Strengths
Weaknesses
Opportunities
Threats
Summary 1 Destination Mongolia: SWOT

MARKET DATA

Table 1 Other Transport: Value 2010-2015
Table 2 Forecast Other Transport: Value 2015-2020
Table 3 Car Rental Sales: Value 2010-2015
Table 4 Forecast Car Rental Sales: Value 2015-2020
Table 5 Attractions: Value 2010-2015
Table 6 Forecast Attractions: Value 2015-2020

SOURCES

Summary 2 Research Sources

FLOWS

Headlines
Trends
Prospects
Category Data
Table 7 Inbound Arrivals: Number of Trips 2010-2015
Table 8 Inbound Arrivals by Country: Number of Trips 2010-2015
Table 9 Inbound Receipts: Value 2010-2015
Table 10 Forecast Inbound Arrivals: Number of Trips 2015-2020
Table 11 Forecast Inbound Arrivals by Country: Number of Trips 2015-2020
Table 12 Forecast Inbound Receipts: Value 2015-2020
Table 13 Domestic Trips by Purpose of Visit: Number of Trips 2010-2015
Table 14 Domestic Business Trips by Travel Mode: Number of Trips 2010-2015
Table 15 Domestic Leisure Trips by Travel Mode: Number of Trips 2010-2015
Table 16 Domestic Expenditure: Value and Growth 2010-2015
Table 17 Outbound Departures: Number of Trips 2010-2015
Table 18 Outbound Departures by Destination: Number of Trips 2010-2015
Table 19 Outbound Expenditure: Value 2010-2015
Table 20 Forecast Outbound Departures: Number of Trips 2015-2020
Table 21 Forecast Outbound Departures by Destination: Number of Trips 2015-2020
Table 22 Forecast Outbound Expenditure: Value 2015-2020

AIRLINES

Headlines
Trends
Prospects
Category Data
Table 23 Airlines Sales: Value 2010-2015
Table 24 Forecast Airlines Sales: Value 2015-2020

LODGING

Headlines
Trends
Prospects
Category Data
Table 25 Lodging Sales: Value 2010-2015
Table 26 Lodging Outlets: Units 2010-2015
Table 27 Forecast Lodging Sales: Value 2015-2020
Table 28 Forecast Lodging Outlets: Units 2015-2020

INTERMEDIARIES

Headlines
Trends
Prospects
Category Data
Table 29 Intermediaries Sales: Value 2010-2015
Table 30 Forecast Intermediaries Sales: Value 2015-2020