Travel and Tourism in Ecuador to 2018

Published: Jul, 2014 | Pages: 83 | Publisher: Timetric
Industry: Travel Services | Report Format: Electronic (PDF)

Synopsis
The report provides detailed market analysis, information and insights, including:
Historic and forecast tourist volumes covering the entire Ecuadorian travel and tourism sector
Detailed analysis of tourist spending patterns in Ecuador for various categories in the travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
Detailed market classification across each category, with analysis using similar metrics
Detailed analysis of the airline and hotel

Summary
Ecuador's travel and tourism sector performed well during the review period (2009-2013) in terms of both tourist volume and expenditure. The main factors for tourism growth were government initiatives and continuous efforts to promote country's travel and tourism sector on international and domestic level. A rise in investments, driven by economic growth and public spending, also contributed.
Scope
This report provides an extensive analysis related to the tourism demands and flows in Ecuador:
It details historical values for the Ecuadorian tourism sector for 2009-2013, along with forecast figures for 2014-2018
It provides comprehensive analysis of travel and tourism demand factors, with values for both the 2009-2013 review period and the 2014-2018 forecast period
The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in Ecuador.
It provides comprehensive analysis of the trends in the airline and hotel industries, with values for both the 2009-2013 review period and the 2014-2018 forecast period.
Reason To Buy
Take strategic business decisions using historic and forecast market data related to the Ecuadorian travel and tourism sector.
Understand the demand-side dynamics within the Ecuadorian travel and tourism sector, along with key market trends and growth opportunities.
Key Highlights
Ecuador's travel and tourism sector performed well during the review period (2009-2013) in terms of both tourist volume and expenditure.
The tourism sector heavily relies on domestic tourism, with domestic expenditure valuing US$7.1 billion in 2013; as compared to US$1.3 billion in inbound expenditure. Domestic tourist volumes were also higher than international arrivals in 2013, with 6.8 million domestic trips against 1.2 million international arrivals.
The government is investing in infrastructure and promoting and developing tourist attractions. In 2013, it announced a plan to invest US$660.0 million by 2017 in the promotion and development of tourist attractions such as the Amazon rainforests, the Galapagos and the Andes. It also established new regulations to support tourism professionals such as hoteliers and tour operators to expand their operations, improve quality standards and infrastructure.
Government efforts to promote domestic tourism through promotional campaigns and infrastructure development increased domestic tourism activity. Expansion in airlines' domestic networks also contributed to the growth; LAN Ecuador added two daily flights service from Quito to Manta city in March 2013.
Traveling by air was the preferred mode of transport for international tourists in 2013, with 760,010 choosing this method of travel, accounting for 65.8% of the country's total international arrivals. The development of new airports and the expansion of airline networks can be attributed to the popularity of air travel.
The US is the most popular outbound destination for Ecuadorans, with a total of 395,100 departures to the US recorded in 2013. This was supported by relaxed visa regulations, cultural ties and a common currency. Departures to Peru accounted for the second-largest share of 17.5% of the total outbound departures in 2013, driven by geographical proximity and low currency conversion rates.
With improvements in airport infrastructure and government initiatives to promote tourism, the airline market in Ecuador is expected to continue to grow over the forecast period. Total revenue will increase from US$1.2 billion in 2013 to US$1.5 billion in 2018, at a forecast-period CAGR of 4.15%. Load factor is anticipated to reach 69.4% by 2018. Increasing demand will fuel the expansion of international operators in the country's airline market.
The hotel market in Ecuador will continue to record significant growth over the forecast period, with rising demand for accommodation and growing interest of investors in the market. Total revenue is expected to increase at a CAGR of 9.82% to reach US$1.2 billion by 2018. The main drivers can be attributed to increase in domestic and international tourist volumes; rise in business travel and government efforts to promote tourism on international platform.

 1 Executive Summary
1.1.1 Government promotiol campaigns
1.1.2 New Mariscal Sucre Intertiol Airport development and expansion
2 The Travel and Tourism Sector In Context
3 Country Fact Sheet
4 Tourism Flows
4.1.1 Domestic tourism
4.1.2 Inbound tourism
4.1.3 Outbound tourism
4.2.1 Tourism promotion on an intertiol stage
4.2.2 Hosting of intertiol events
4.2.3 Adventure and sports tourism
4.2.4 Ecotourism development
4.2.5 Increasing investment in tourism
4.2.6 Smart Visa agreement with neighboring countries
4.2.7 Medical tourism
4.2.8 Business tourism promotion
4.2.9 Poor transport and tourism infrastructure
4.3.1 Domestic tourism
4.3.2 Inbound tourism
4.3.3 Outbound tourism
5 Airlines
5.2.1 Development of new airports
5.2.2 Agreements and partnerships
5.2.3 Airline expansion
6 Hotels
6.2.1 New hotel launches
6.2.2 Intertiol events
6.2.3 MICE tourism and demand for luxury hotels
7 Tourism Board Profile
8 Airport Profiles
8.1.1 Overview
8.1.2 Operator profile
8.1.3 Routes
9 Company Profiles - Airlines
9.1.1 TAME Linea Aerea del Ecuador - company overview
9.1.2 TAME Linea Aerea del Ecuador - main services
9.1.3 TAME Linea Aerea del Ecuador - key employees
9.2.1 LAN Ecuador - company overview
9.2.2 LAN Ecuador - main services and brands
9.2.3 LAN Ecuador - key employees
9.3.1 Avianca Ecuador - company overview
9.3.2 Avianca Ecuador - main services and brands
9.3.3 Avianca Ecuador - key employees
9.4.1 COPA Airlines Ecuador - company overview
9.4.2 COPA Airlines Ecuador - main services
9.4.3 COPA Airlines Ecuador - key employees
10 Company Profiles - Hotels
10.1.1 Cialcotel Hotels - company overview
10.1.2 Cialcotel Hotels - main services
10.1.3 Cialcotel Hotels - key employees
10.2.1 Exclusive Hotels and Haciendas of Ecuador - company overview
10.2.2 Exclusive Hotels and Haciendas of Ecuador - main services and brands
10.2.3 Exclusive Hotels and Haciendas of Ecuador - key employees
10.3.1 Oro Verde Hotels - company overview
10.3.2 Oro Verde Hotels - main services and brands
10.3.3 Oro Verde Hotels - key employees
10.4.1 Wyndham Hotels Ecuador - company overview
10.4.2 Wyndham Hotels Ecuador - main services and brands
10.5.1 Hilton Hotels Ecuador - company overview
10.5.2 Hilton Hotels Ecuador - main services and brands
10.5.3 Hilton Hotels Ecuador - key employees
11 Market Data Alysis
11.1.1 Domestic trips by purpose of visit
11.1.2 Number of overnight stays
11.1.3 Total domestic tourist expenditure
11.1.4 Average expenditure per domestic tourist by category
11.2.1 Intertiol arrivals by region
11.2.2 Intertiol arrivals by purpose of visit
11.2.3 Intertiol arrivals by mode of transport
11.2.4 Total inbound tourism expenditure by category
11.2.5 Average intertiol tourist expenditure by category
11.3.1 Intertiol departures by region
11.3.2 Intertiol departures by purpose of visit
11.3.3 Number of overnight stays
11.3.4 Total outbound tourism expenditure by category
11.3.5 Average outbound expenditure per resident by category
11.4.1 Seats available
11.4.2 Seats sold by customer type
11.4.3 Load factor
11.4.4 Passenger kilometers available
11.4.5 Revenue-generating passenger kilometers
11.4.6 Revenue per passenger
11.4.7 Total revenue
11.5.1 Number of establishments
11.5.2 Number of available rooms
11.5.3 Room occupancy rate
11.5.4 Room nights available
11.5.5 Room nights occupied
11.5.6 Average revenue per available room
11.5.7 Revenue per occupied room
11.5.8 Total revenue per available room
11.5.9 Total revenue
11.5.10 Total guests by customer type
12 Appendix


List of Tables
Table 1: Ecuador - Tourist Arrivals from the Top 10 Countries of Origin (Thousand), 2009-2018
Table 2: Ecuador - Tourist Departures to Top 10 Countries (Thousand), 2009-2018
Table 3: Ecuador - Top-10 Hotel Groups by Volume, 2013
Table 4: Ecuador Ministry of Tourism - Key Facts and Locations
Table 5: Mariscal Sucre Intertiol Airport ? Overview
Table 6: Jose Joaquin de Olmedo Intertiol Airport ? Overview
Table 7: Mariscal Lamar Intertiol Airport ? Overview
Table 8: TAME Linea Aerea del Ecuador, Key Facts
Table 9: TAME Linea Aerea del Ecuador, Main Services
Table 10: TAME Linea Aerea del Ecuador, Key Employees
Table 11: LAN Ecuador, Key Facts
Table 12: LAN Ecuador, Main Services and Brands
Table 13: LAN Ecuador, Key Employees
Table 14: Avianca Ecuador, Key Facts
Table 15: Avianca Ecuador, Main Services and Brands
Table 16: Avianca Ecuador, Key Employees
Table 17: COPA Airlines Ecuador, Key Facts
Table 18: COPA Airlines Ecuador, Main Services
Table 19: COPA Airlines Ecuador, Key Employees
Table 20: Cialcotel Hotels, Key Facts
Table 21: Cialcotel Hotels, Main Services
Table 22: Cialcotel Hotels, Key Employees
Table 23: Exclusive Hotels and Haciendas of Ecuador, Key Facts
Table 24: Exclusive Hotels and Haciendas of Ecuador, Main Services and Brands
Table 25: Exclusive Hotels and Haciendas of Ecuador, Key Employees
Table 26: Oro Verde Hotels, Key Facts
Table 27: Oro Verde Hotels, Main Services and Brands
Table 28: Oro Verde Hotels, Key Employees
Table 29: Wyndham Hotels Ecuador, Key Facts
Table 30: Wyndham Hotels Ecuador, Main Services and Brands
Table 31: Hilton Hotels Ecuador, Key Facts
Table 32: Hilton Hotels Ecuador, Main Services and Brands
Table 33: Hilton Hotels Ecuador, Key Employees
Table 34: Ecuador - Number of Trips by Purpose (Thousand), 2009-2018
Table 35: Ecuador - Overnight Stays (Million), 2009-2018
Table 36: Ecuador - Total Domestic Tourism Expenditure by Category (US$ Million), 2009-2018
Table 37: Ecuador - Average Expenditure per Domestic Tourist by Category (US$), 2009-2018
Table 38: Ecuador - Intertiol Arrivals by Region (Thousands), 2009-2018
Table 39: Ecuador - Intertiol Arrivals by Purpose of Visit (Thousand), 2009-2018
Table 40: Ecuador - Intertiol Arrivals by Mode of Transport (Thousand), 2009-2018
Table 41: Ecuador - Total Inbound Tourism Expenditure by Category (US$ Million), 2009-2018
Table 42: Ecuador - Average Expenditure per Inbound Tourist by Category (US$), 2009-2018
Table 43: Ecuador - Intertiol Departures by Region (Thousands), 2009-2018
Table 44: Ecuador - Intertiol Departures by Purpose of Visit (Thousand), 2009-2018
Table 45: Ecuador - Overnight Stays (Million), 2009-2018
Table 46: Ecuador - Total Outbound Tourism Expenditure by Category (US$ Million), 2009-2018
Table 47: Ecuador - Average Outbound Expenditure per Resident by Category (US$), 2009-2018
Table 48: Ecuador - Seats Available (Thousand), 2009-2018
Table 49: Ecuador - Seats Sold by Customer Type (Thousand), 2009-2018
Table 50: Ecuador - Load Factor (%), 2009-2018
Table 51: Ecuador - Passenger Kilometers Available (Million), 2009-2018
Table 52: Ecuador - Revenue-Generating Passenger Kilometers (Million), 2009-2018
Table 53: Ecuador - Revenue per Passenger (US$), 2009-2018
Table 54: Ecuador - Total Revenue (US$ Million), 2009-2018
Table 55: Ecuador - Establishments (Actual), 2009-2018
Table 56: Ecuador - Available Hotel Rooms (Thousand), 2009-2018
Table 57: Ecuador - Room Occupancy Rate (%), 2009-2018
Table 58: Ecuador - Room Nights Available (Million), 2009-2018
Table 59: Ecuador - Room Nights Occupied (Million), 2009-2018
Table 60: Ecuador - Average Revenue per Available Room (US$), 2009-2018
Table 61: Ecuador - Revenue per Occupied Room (US$), 2009-2018
Table 62: Ecuador - Total Revenue Per Available Room (US$), 2009-2018
Table 63: Ecuador - Total Revenue (US$ Million), 2009-2018
Table 64: Ecuador - Guests by Customer Type (Thousand), 2009-2018
Table 65: Timetric Travel and Tourism Sector Definitions