Travel in Bolivia

October 2020 | 28 pages | ID: T4930DA93E6EN
Euromonitor International Ltd

Abstracts

COVID-19 is hitting Bolivia’s emerging travel industry hard. The government acted quickly in response to the pandemic, closing borders, grounding international flights, restricting internal movement to all but essential workers and imposing varying degrees of quarantine across the country. This hit every sector of the travel industry, and Bolivia’s travel industry, which has seen solid growth over the review period is set to see wholesale value reversal in 2020. Travel restrictions and quarantin...

Euromonitor International's Travel in Bolivia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2024 illustrate how the market is set to change.

Product coverage: Activities and Experiences (Destination), Lodging, Online Travel Sales and Intermediaries, Tourism Flows, Travel Modes, Traveller Profiles.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Travel market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

EXECUTIVE SUMMARY
COVID-19 impact on travel
COVID-19 country impact
Company response to COVID-19: Airlines and hotels
What next for travel?
CHART 1 Inbound Receipts: 2020-2025
CHART 2 Average Spend per Trip for Inbound Arrivals: 2020-2025
MARKET DATA
Table 1 Other Transport: Value 2015-2020
Table 2 Forecast Other Transport: Value 2020-2025
Table 3 Car Rental Sales: Value 2015-2020
Table 4 Forecast Car Rental Sales: Value 2020-2025
Table 5 Attractions and Experiences: Value 2015-2020
Table 6 Forecast Attractions and Experiences: Value 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
SOURCES
Summary 1 Research Sources
TOURISM FLOWS
Key Data Findings
2020 Impact
Bolivia faces significant challenge to rebuild industry, and not just because of COVID-19
Key consumer bases set to turn their backs on Bolivia, and rebuilding valuable inbound flows will be difficult
Recovery and Opportunities
Marketing Bolivia better, improving global positioning can help shift industry upmarket
Government support key to a healthier industry and rebuilding tourist flows
Category Data
Table 7 Inbound Arrivals: Number of Trips 2015-2020
Table 8 Inbound Arrivals by Country: Number of Trips 2015-2020
Table 9 Inbound Receipts: Value 2015-2020
Table 10 Forecast Inbound Arrivals: Number of Trips 2020-2025
Table 11 Forecast Inbound Arrivals by Country: Number of Trips 2020-2025
Table 12 Forecast Inbound Receipts: Value 2020-2025
Table 13 Domestic Trips by Purpose of Visit: Number of Trips 2015-2020
Table 14 Domestic Business Trips by Travel Mode: Number of Trips 2015-2020
Table 15 Domestic Leisure Trips by Travel Mode: Number of Trips 2015-2020
Table 16 Domestic Expenditure: Value and Growth 2015-2020
Table 17 Forecast Domestic Trips by Purpose of Visit: Number of Trips 2020-2025
Table 18 Forecast Domestic Business Trips by Travel Mode: Number of Trips 2020-2025
Table 19 Forecast Domestic Leisure Trips by Travel Mode: Number of Trips 2020-2025
Table 20 Forecast Domestic Tourist Expenditure: Value and Growth 2020-2025
Table 21 Outbound Departures: Number of Trips 2015-2020
Table 22 Outbound Departures by Destination: Number of Trips 2015-2020
Table 23 Outbound Expenditure: Value 2015-2020
Table 24 Forecast Outbound Departures: Number of Trips 2020-2025
Table 25 Forecast Outbound Departures by Destination: Number of Trips 2020-2025
Table 26 Forecast Outbound Expenditure: Value 2020-2025
AIRLINES
Key Data Findings
2020 Impact
Airlines hit by restrictions and drop in consumer confidence
Tax and infrastructure remain obstacles to airline development, with La Paz especially badly served
Recovery and Opportunities
International cooperation can accelerate infrastructure improvements
Will to expand routes is still there, although challenge is greater post-COVID-19
Category Data
Table 27 Airlines Sales: Value 2015-2020
Table 28 Forecast Airlines Sales: Value 2020-2025
LODGING
Key Data Findings
2020 Impact
Travel restrictions, consumer anxiety and weak regulation hit sales in pandemic
Bolivian economy post-virus set to limit domestic demand and prioritise inbound travellers
Recovery and Opportunities
Tighter regulation can rebuild consumer confidence in lodgings safety
Contine improving hotel offer to build tourism and strengthen value
Category Data
Table 29 Lodging Sales: Value 2015-2020
Table 30 Lodging Outlets: Units 2015-2020
Table 31 Forecast Lodging Sales: Value 2020-2025
Table 32 Forecast Lodging Outlets: Units 2020-2025
ONLINE TRAVEL INTERMEDIARIES
Key Data Findings
2020 Impact
Virus pushes consumers online, and will strengthen channel going forward
Considerable scope to grow via online sales and service
Recovery and Opportunities
Specialisation may offer intermediaries more potential than generalisation, if they are perceived to be expert
Formalise the industry to improve offer and build value
Category Data
Table 33 Travel Intermediaries Sales: Value 2015-2020
Table 34 Forecast Travel Intermediaries Sales: Value 2020-2025