Travel in Malta

November 2020 | 28 pages | ID: T7EA96E605EEN
Euromonitor International Ltd

Abstracts

Tourism is incredibly important to the Maltese economy, with it being one of the main drivers of GDP. Following on from the success of Valletta European Capital of Culture 2018, Malta continued to invest in new cultural events and the restoration and redevelopment of areas across the islands in 2019. Furthermore, Malta continued to increase the capacity of the islands’ only airport, Luqa, with new routes continuously being added – including Cairo and Warsaw. Plans were also in place to expand th...

Euromonitor International's Travel in Malta 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
Impact of COVID-19 on online bookings and travel intermediaries
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
DISCLAIMER
SOURCES
Summary 1 Research Sources
TOURISM FLOWS
Key Data Findings
2020 Impact
Dramatic drop in tourist flows in 2020 as COVID-19 disrupts expansion and development of tourist activities and decimates tourist revenues
Fears around Brexit and potentially lower arrivals from the UK could hamper Malta’s recovery from the effects of COVID-19
Recovery and Opportunities
Efforts of the Malta Tourism Association (MTA) disrupted by global pandemic due to travel bans
Future investments in the development of Malta’s tourist credentials likely to pay off once pandemic recedes
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
Steep contraction in airlines sales as travel bans halt demand, with some industry players teetering on the brink
Turnaround stalls for Air Malta as COVID-19 decimates sales
Recovery and Opportunities
Benefits of Air Malta and Ryanair’s joint venture delayed by COVID-19
Revised plans for expansion of Malta Air as COVID-19 leads to layoffs of pilots and cabin crew
Category Data
Table 27 Airlines Sales: Value 2015-2020
Table 28 Forecast Airlines Sales: Value 2020-2025
LODGING
Key Data Findings
2020 Impact
Hotels category already experiencing competition from short-term rentals threatened further by the onset of COVID-19
COVID-19 temporarily negates benefits of expanding hotel industry especially boutique hotels
Recovery and Opportunities
Fears around Brexit as well as mid- to short-term economic fallout from COVID-19
Hard Rock Caf? and Hotel
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
COVID-19 decimates sales and negates competitive strategies as number of arrivals declines steeply
Agents make good use of quarantine by attending webinars that promote the island, particularly to UK online intermediaries
Recovery and Opportunities
Economic consequences of COVID-19 in source countries as well as Brexit could dampen demand for online intermediaries
Financial repercussions of the virus around the globe likely to intensify pressures on bricks and mortar travel intermediaries and benefit intermediaries online sales
Category Data
Table 33 Online Travel Intermediaries Sales: Value 2015-2020
Table 34 Forecast Online Travel Intermediaries Sales: Value 2020-2025