Country Report

Travel in

Travel in Myanmar

Nov 2020

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Executive Summary

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COVID-19 impact on travel

The outbreak of COVID-19 will have a drastic impact on all the elements of the travel industry in Myanmar in 2020 overall. From March 2020, commercial flights began being suspended and by May, Myanmar closed its borders and grounded the majority of flights.

COVID-19 country impact

Myanmar reported its first case of a person testing positive for COVID-19 on 23 March, and closed its borders in early May, with the suspension of both commercial flights and the issuing of visas. A nationwide curfew between 22.

Company response to COVID-19: Airlines and hotels

The Myanmar aviation industry has been severely impacted by the COVID-19 pandemic. From March to May, all commercial airlines were grounded which led to a decline in sales.

Impact of COVID-19 on online bookings and travel intermediaries

Both online bookings and offline travel intermediaries have seen sales drop considerably due to the COVID-19 crisis. However, online sales will perform better than offline, with only current value growth rates declining whilst still showing some growth.

What next for travel?

It is expected to take at least three years for the travel industry to recover, however this could be considerably longer if countries continue failing to contain the virus. In order to recover, there are several issues that the Myanmar government will need to address in order to become a more touristic country.

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Overview

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Overview:

Discover the latest market trends and uncover sources of future market growth for the Travel industry in Myanmar 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 are in the Travel industry in Myanmar, 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 Myanmar for free:

The Travel in Myanmar market research report includes:

Analysis of trends
Detailed segmentation
Historic volumes and values, company and brand market shares
Forecasts
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 Myanmar?
What are the major brands in Myanmar?

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 market research database.

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

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