Roberto Marsella Cdp Equity, Head of business development Milano, 27 ottobre 2016

Size: px
Start display at page:

Download "Roberto Marsella Cdp Equity, Head of business development Milano, 27 ottobre 2016"

Transcription

1 Roberto Marsella Cdp Equity, Head of business development Milano, 27 ottobre 2016

2 Introduction Italy: A Natural Infrastructure Italy is home to some of the greatest treasures in the world: museums, archaeological sites, parks 51 Unesco sites: the largest number of sites included in the Unesco s World Heritage list Lucky to receive one of the most important cultural assets in the world: Ancient Rome, witness of a great civilization from the past WHAT ITALY HAS TO OFFER WHAT OTHER COUNTRIES ARE ABLE TO EXPLOIT

3 Heritage Assets and Economic Value Heritage Assets represent a potential economic value The increase of their usage creates economic value and visibility for the country Tourism is a mean to increase their value TOURISTIC ACTIVITY TOURISTS ASSET UTILIZATION VALUE

4 Public-Private Partnership to increase heritage assets utilization Assets usage Artistic and cultural heritage is not for sale, but needs to be utilized Asset utilization generates wealth, employment, a better positioning for the asset for the country Public-Private Partnership Tourism plays a central role «Usage finds its accomplishment through actions aimed at promoting knowledge of the cultural heritage as well as ensuring its public use. Economic and financial sustainability of such actions has always represented a critical issue for the preservation of cultural heritage. Due to the limited availability of public authorities funds, private contributions are becoming increasingly important to finance assets development initiatives. Public-Private Partnerships can increase efficiency and allow to make maintenance and enhancement investments that not always can be carried out by the public sector.» Heritage assets have unexploited economic value Corte dei Conti, August 2016 The increase of their usage generates economic value and visibility for the country Tourism is a mean to increase heritage assets usage and, hence, VALUE

5 Tourism in Italy (1/3) Tourism is a generator of economic growth TODAY, TOURISM GENERATES 10% OF ITALY S GDP: IT COULD BE THE MOST IMPORTANT SECTOR FOR THE COUNTRY S ECONOMIC GROWTH 16.0% 168 bn impact on GDP 2.6 mln jobs 5.8% 10.2% 9.1% 8.9% 4.2% 3.7% 3.9% Total contribution Direct contribution Source: World Travel & Tourism Council 2016 (based on 2015 data)

6 International Turisti internazionali Tourists (mln) Tourism in Italy (2/3) , , , , , , Tourists by destination area (# persons) Turisti per area di destinazione (Numeri di persone) Europa Europe 1995 Americas Historical Data Dati storici Asia and e Oceania 1, bln mld 2010 Africa Source: elaboration on World Tourism Organization (UNWTO) data (% of international tourism revenues) Projections Previsioni Medio Middle East Oriente , bln mld 0, bln mld 0, bln mld market share Spain France Italy Germany UK (2.0) (2.6) (4.4) (1.3) (2.1) Source: based on Boston Consulting Group and World Tourism Organization (UNWTO) data, World Bank International tourists arriving in Italy (# persons) 43.6 Source: World Bank, Enit Comment During the last decade, Italy suffered from: reduction of public resources for the promotion and valorization of its cultural heritage slowdown of actions to enable investments toward a radical transformation of the sector less innovation compared to other countries, leading to a greater market share loss

7 (1) Includes revenues of traditional tourism operators (i.e. airlines, hotel, restaurants, museums, etc.), suppliers (i.e. catering, cleaning companies, etc.) and the contribution of international tourism to other industries (i.e. manufacturing, constructions) Source: Confturismo, Banca d Italia, Banco de España, Banque de France; Eurostat; McKinsey & Company Tourism in Italy (3/3) Revenues from international tourism (1) ( bln, 2014) Average stay (# days, 2014) 49 INTERNATIONAL TOURISTS IN ITALY SPEND LESS THAN IN FRANCE AND SPAIN Average spending (, 2014) Today, Italy lags behind France and Spain in terms of tourism attractiveness. Other countries grant better touristic offers thanks to more efficient, innovative and higher quality services

8 Possible Solutions Governance Coordination of functions and accountability between State and local authorities to promote our cultural and artistic heritage Public-Private Partnership to increase usage of our cultural assets Industrial Policy Reorganization of the offer side, now spread across a multitude of private and public operators

9 U K Franc e Finland Spain Swed en Netherla nds Denmark Belgiu m German y Irelan d Luxembour g Portugal Austri a Gree ce Italy Focus on the Italian touristic offer % of rooms of hotel chains THE ITALIAN HOTEL INDUSTRY IS HIGHLY FRAGMENTED Only 12% of rooms in Italy belong to hotel chains! Source: JLL on OTUS&Co data Stimulate innovative incoming platforms, also in partnership with private operators: merge culture and technology Attract tourist flows from distant geographies: promote locations even the less known and help hotels with lower visibility Promote the export of our goods and services: wine, food, fashion, design, art and craftsmanship, opera and other events Invest to reorganize the currently fragmented offer system

10 Tourism ecosystem Accessibilità Accessibility Transportati Trasporti on and e rotte fly aeree routes Development Offerta di proposte esperienziali of experiences offering Experience Esperienza Vettori Factors of di sviluppo touristic meta development turistica Accommodat Ricettività tion capacity High Elevati standard service di servizio standard Reduction of Riduzione della frammentazione the offer dell offerta fragmentation Concentrati on Concentrazione Marketing Promotion through Promozione efficient attraverso strumenti di marketing efficaci tools (web, social social media) media) Team approach: the tourism sector more than others has a mosaic-like composition Interdependence between the operators: every operator is responsible towards the other

11 CDP Equity and tourism Tourism is a pillar of CDP Group business plan CDP Equity as part of the group is ready to invest in companies of this industry Specialization drives competitiveness (es: REITs) Size drives competitiveness An example of how CDP will works: CDP Equity can provide equity to hotel management operators CDP Immobiliare can provide equity to REITs to invest in real estate properties CDP Equity is focused on the incoming, to attract international long-distance tourists CDP Equity understands the importance of innovation

12 Role of foreign operators Travel spending breakdown Example of an international tourist in Italy (1) 45 Expenditure with foreign operators Expenditure with Italian operators Competition of international players as Booking and Expedia! 14 Total Transportatio n (incl. flights) Accommodation Food Entertainment Intermediation (agencies) (1) Based on a 5-day holiday of tourists coming from medium-long haul destinations Sources: Euromonitor; Schedule Dynamic Table Report for all Airlines for nonstop Passenger flights between all and Domestically flights, 2015; Annual Report 2013 Alpitour, Veratour and Settemari; Rapporto sul Sistema Alberghiero Italiano, Federalberghi, 2013

13 Case-study: Iceland The «Iceland Model» Successful hub and spoke model introduced by Icelandair in 1998 using Keflavik airport as its main hub Offer of direct flights to an increasing number of destinations Currency devaluation Improved marketing: award-winning Inspired by Iceland campaign Raised awareness of the country and stimulated people s appetite to visit Iceland, leading to a dramatic increase in visiting tourists Capability to respond to political, social, environmental and technological changes and trends (e.g. financial crisis in 2008, eruption of Eyjafjallajökull in 2010) Source: PFK Accountants & Business adivisers

14 Thank you Milano, Palazzo Busca Corso Magenta 71, Telephone Fax

The Civil Aviation Sector as a Driver for Economic Growth in Egypt

The Civil Aviation Sector as a Driver for Economic Growth in Egypt The Civil Aviation Sector as a Driver for Economic Growth in Egypt EDSCA Conference Cairo, November 10, 2013 Agenda 1. Facts and figures 2. Socio-economic impact of the civil aviation sector 3. Options

More information

Tourism as an Economic Pillar. Mary Vrolijk 25 September 2015

Tourism as an Economic Pillar. Mary Vrolijk 25 September 2015 Tourism as an Economic Pillar Mary Vrolijk 25 September 2015 Tourism Trends. Tourism: a key role player in economies. Spinoff effects: Job creation, New small and medium enterprises(sme s), Country competiveness,

More information

P O S T - B R E X I T E U R O P E : WHY M I L A N & L O M B A R D Y A F T E R L O N D O N INVEST IN LOMBARDY

P O S T - B R E X I T E U R O P E : WHY M I L A N & L O M B A R D Y A F T E R L O N D O N INVEST IN LOMBARDY P O S T - B R E X I T E U R O P E : WHY M I L A N & L O M B A R D Y A F T E R L O N D O N AGENDA 1. WELCOME TO MILAN, 2. 10 REASONS TO CHOOSE MILAN, 3. KEY SECTORS 4. INSIGHTS INTO 5. HOW WE CAN S BUSINESS

More information

LEBANON: A DIVERSE ECOTOURISM DESTINATION IN THE EAST-MEDITERRANEAN. Prepared by: Dr. Jacques Samoury NGER National Expert

LEBANON: A DIVERSE ECOTOURISM DESTINATION IN THE EAST-MEDITERRANEAN. Prepared by: Dr. Jacques Samoury NGER National Expert National Stakeholder Workshop on Ecotourism 6-7 March 2018, Beirut LEBANON: A DIVERSE ECOTOURISM DESTINATION IN THE EAST-MEDITERRANEAN Prepared by: Dr. Jacques Samoury NGER National Expert Lebanon s Tourism

More information

Contents. Executive summary 5

Contents. Executive summary 5 N 06/July 2018 Rilasciato il 19 31 febbraio luglio 2018 2018 / Issued / on on 3119 July February 2018 2018 Questo booklet è stato chiuso con le le informazioni disponibili al al 3130 January luglio 2018

More information

From: OECD Tourism Trends and Policies Access the complete publication at: Italy

From: OECD Tourism Trends and Policies Access the complete publication at:   Italy From: OECD Tourism Trends and Policies 2014 Access the complete publication at: http://dx.doi.org/10.1787/tour-2014-en Italy Please cite this chapter as: OECD (2014), Italy, in OECD Tourism Trends and

More information

ETIHAD AIRWAYS AND ALITIALIA UNVEIL TWO EXPO MILANO 2015 AIRCRAFT TO TAKE MESSAGE AROUND THE WORLD

ETIHAD AIRWAYS AND ALITIALIA UNVEIL TWO EXPO MILANO 2015 AIRCRAFT TO TAKE MESSAGE AROUND THE WORLD 20 October, 2014 ETIHAD AIRWAYS AND ALITIALIA UNVEIL TWO EXPO MILANO 2015 AIRCRAFT TO TAKE MESSAGE AROUND THE WORLD Alitalia, Italy s leading carrier, and Etihad Airways, the national airline of the United

More information

CROATIA Business climate and opportunities for cooperation with Finland. Helsinki, 14th December 2015

CROATIA Business climate and opportunities for cooperation with Finland. Helsinki, 14th December 2015 CROATIA Business climate and opportunities for cooperation with Finland Helsinki, 14th December 2015 CROATIA...... in numbers CROATIA 2014 Area: 56,594 km² Population: 4.3 million Capital: Zagreb (800,000

More information

REGIONAL AGENCY FOR TOURISM

REGIONAL AGENCY FOR TOURISM 欢迎 REGIONAL AGENCY FOR TOURISM 5 Provinces 378 Municipalities GOVERNOR OF THE REGION Regional Agency for Tourism I T A L Y L A Z I O R O M E ANALISYS OF TOURISM TODAY Tourist Escursionist Experience of

More information

Economic Benefits of Air Transport in Belize

Economic Benefits of Air Transport in Belize Economic Benefits of Air Transport in Belize Economic Benefits of Air Transport in Belize Acknowledgements Oxford Economics acknowledges the assistance from the International Air Transport Association

More information

Tourism, the Distribution Channel and working with ITOC

Tourism, the Distribution Channel and working with ITOC Tourism, the Distribution Channel and working with ITOC 25 August 2011 Presentation Lesley Immink, Chief Executive Inbound Tour Operators Council of New Zealand New name 2012: New Zealand Tourism Export

More information

From: OECD Tourism Trends and Policies Access the complete publication at: Mexico

From: OECD Tourism Trends and Policies Access the complete publication at:  Mexico From: OECD Tourism Trends and Policies 2014 Access the complete publication at: http://dx.doi.org/10.1787/tour-2014-en Mexico Please cite this chapter as: OECD (2014), Mexico, in OECD Tourism Trends and

More information

Prague Tourism Developments in Q1 2018

Prague Tourism Developments in Q1 2018 Prague Tourism Developments in Q1 2018 Facts and Figures: Total visitors: 1,499,044 foreign: 1,239,848 (82.7%) domestic: 259,196 (17.3%) Total visitor growth in Prague: 121,224 visitors (8.8%) foreign

More information

Prof. Dr. Alexis Papathanassis

Prof. Dr. Alexis Papathanassis Prof. Dr. Alexis Institut für Maritimen Tourismus Papathanassis E-Tourism Cruise Management & Prof. Dr. Alexis Papathanassis TASH Fachtagung Kreuzfahrt - Kiel 9 th September 2011 The Potential of German

More information

The economic impact of ATC strikes in Europe Key findings from our updated report for A4E

The economic impact of ATC strikes in Europe Key findings from our updated report for A4E pwc.com The economic impact of ATC strikes in Europe Key findings from our updated report for A4E Prepared for A4E Updates to our analysis since June 2016 Since releasing our Preliminary Findings in June

More information

10 reasons to invest in France February 2012 IFA

10 reasons to invest in France February 2012 IFA 10 reasons to invest in France February 2012 IFA 1 France: A global economic power The 2 nd largest economic power in the European Union. Source: IMF, 2011 The world s 6 th largest exporter of goods and

More information

Frankfurt am Main. The world s leading trade fair for lighting and building services technology. Inspiring tomorrow.

Frankfurt am Main. The world s leading trade fair for lighting and building services technology. Inspiring tomorrow. 18 23. 3. 2018 Frankfurt am Main The world s leading trade fair for lighting and building services technology Inspiring tomorrow. 2 Digital future meets design hotspot: Showcase your offer at Light + Building

More information

Economic Benefits of Air Transport in El Salvador

Economic Benefits of Air Transport in El Salvador Economic Benefits of Air Transport in El Salvador Economic Benefits of Air Transport in El Salvador Acknowledgements Oxford Economics acknowledges the assistance from the International Air Transport Association

More information

2nd International Rhodes Tourism Forum November 2006

2nd International Rhodes Tourism Forum November 2006 2nd International Rhodes Tourism Forum 10 11 November 2006 Eleni Desylla Tourism Sector Manager HELLENIC CENTER FOR INVESTMENT 1 THE GREEK INVESTMENT INSTITUTIONAL FRAMEWORK AND THE EXISTING AND FUTURE

More information

Netherlands. Tourism in the economy. Tourism governance and funding

Netherlands. Tourism in the economy. Tourism governance and funding Netherlands Tourism in the economy The importance of domestic and inbound tourism for the Dutch economy is increasing, with tourism growth exceeding the growth of the total economy in the last five years.

More information

Estonian Air ja muutuv majanduskeskkond Uued väljakutsed ja võimalused. Joakim Helenius,

Estonian Air ja muutuv majanduskeskkond Uued väljakutsed ja võimalused. Joakim Helenius, Estonian Air ja muutuv majanduskeskkond Uued väljakutsed ja võimalused Joakim Helenius, 29.09.2011 Global Trends Income inequalitly increasing in the West Source: OECD Income Distribution and Poverty Database

More information

View Report Details. Global Cruise Market

View Report Details. Global Cruise Market View Report Details Global Cruise Market ----------------------------------- 2013 View Report Details Executive Summary Cruising is one of the fastest-growing industries in the travel and tourism sector.

More information

United Kingdom. How does Travel & Tourism compare to other sectors? GDP. Size. Share. UK GDP Impact by Industry. UK GDP Impact by Industry

United Kingdom. How does Travel & Tourism compare to other sectors? GDP. Size. Share. UK GDP Impact by Industry. UK GDP Impact by Industry United Kingdom Stonehenge in Wiltshire Agriculture Automotive Banking Chemicals Communications Education Financial Mining Other Service Manufacturing Manufacturing Services Exports Retail (without wholesale)

More information

Ivor Ambrose, ENAT 26/4/2018

Ivor Ambrose, ENAT 26/4/2018 Accessible Tourism is Universally Designed Tourism for All Accessible Tourism in Europe: Setting the Scene Ostrava, Monday 18 June 2018 Ivor Ambrose Managing Director ENAT - European Network for Accessible

More information

Mexico. How does Travel & Tourism compare to other sectors? GDP. Size. Share. Mexico GDP Impact by Industry. Mexico GDP Impact by Industry

Mexico. How does Travel & Tourism compare to other sectors? GDP. Size. Share. Mexico GDP Impact by Industry. Mexico GDP Impact by Industry Mexico Chapultepec Castle in Mexico City Agriculture Automotive Manufacturing Banking Chemicals Manufacturing Communications Education Financial Services Mining Other Service Exports Retail (without wholesale)

More information

TOURISM MACROECONOMICS Definitions and Key Concepts

TOURISM MACROECONOMICS Definitions and Key Concepts Tourism as a complex phenomenon TOURISM MACROECONOMICS Definitions and Key Concepts Need to adopt a multidisciplinary approach TOURISM AS A SYSTEM LEIPER MODEL Tourist - Space Travel and Tourism Industry

More information

Economic Benefits of Air Transport in Nicaragua

Economic Benefits of Air Transport in Nicaragua Economic Benefits of Air Transport in Nicaragua Economic Benefits of Air Transport in Nicaragua Acknowledgements Oxford Economics acknowledges the assistance from the International Air Transport Association

More information

The Economic Impact of Emirates in the United States. Prepared by:

The Economic Impact of Emirates in the United States. Prepared by: Prepared by: www.av-econ.com Alexandria, Virginia July 2017 EXECUTIVE SUMMARY About Emirates Emirates Airline (Emirates), based in Dubai, United Arab Emirates (U.A.E.), was established in 1985 and since

More information

National MICE Development A Global Perspective

National MICE Development A Global Perspective National MICE Development A Global Perspective 8 th UNWTO Asia/Pacific Executive Training Program on Tourism Policy and Strategy 28 April, 2014 MICE and Economic Transformation Building Knowledge and Creative

More information

An overview of Tallinn tourism trends

An overview of Tallinn tourism trends An overview of Tallinn tourism trends August 2015 The data is collected from Statistics Estonia, Tallinn Airport and Port of Tallinn. In August 2015, 179,338 stayed overnight in Tallinn s accommodation

More information

A Presentation on MICE Tourism

A Presentation on MICE Tourism India London New York Tokyo Berlin A Presentation on MICE Tourism Additional Director General, Ministry of Tourism, Government of India Why the focus on MICE? Global financial Impact of national & international

More information

Facts and figures Zahlen und Fakten 2016

Facts and figures Zahlen und Fakten 2016 Facts and figures 2016 Zahlen und Fakten 2016 Texcare International: The meeting place for a global audience. Texcare International is the world s leading trade fair for the laundry, dry cleaning and textile

More information

FY key data Passenger. Cargo. Maintenance. Other. Operating result in m. Revenues in bn -10.4% 78% 11%

FY key data Passenger. Cargo. Maintenance. Other. Operating result in m. Revenues in bn -10.4% 78% 11% Information meeting FY 2009-10 key data Revenues in bn Operating result in m 78% Passenger 16.3-13.6% -918 11% Cargo 2.4-27.8% -436 5% Maintenance 1.0-4.0% +81 6% Other 1.3-12 -10.4% 2 Our industry is

More information

June TEQ Marketing Strategy 2025 Executive Summary

June TEQ Marketing Strategy 2025 Executive Summary June 2018 TEQ Marketing Strategy 2025 Executive Summary Vision and The Opportunity Tourism and Events Queensland s (TEQ) Marketing Strategy 2025 provides a platform to realise the TEQ vision of inspiring

More information

Carta di Pescara : a new instrument to promote sustainable industry in Abruzzo

Carta di Pescara : a new instrument to promote sustainable industry in Abruzzo Carta di Pescara : a new instrument to promote sustainable industry in Abruzzo Slovenia Innovation Policy Summit Innovative Business Models in Circular Economy 3 rd July 2018 Ljubljana ABRUZZO REGION Total

More information

Iceland. Tourism in the economy. Tourism governance and funding

Iceland. Tourism in the economy. Tourism governance and funding Iceland Tourism in the economy Tourism has been among the fastest-growing industries in Iceland in recent years and has established itself as the third pillar of the Icelandic economy. Domestic demand

More information

Director HongBin ZHANG. 6 th UNWTO Summit Malaysia December Hangzhou Tourism Committee. Hang Zhou. China

Director HongBin ZHANG. 6 th UNWTO Summit Malaysia December Hangzhou Tourism Committee. Hang Zhou. China Director HongBin ZHANG Hangzhou Tourism Committee 6 th UNWTO Summit Malaysia December 2017 Hang Zhou China Part 1 Hangzhou City Center of the Yangtze river delta region Capital of the Zhejiang Province

More information

TUSCANY: BEAUTY FOR EVERYONE #TOSCANA OVUNQUE BELLA

TUSCANY: BEAUTY FOR EVERYONE #TOSCANA OVUNQUE BELLA TUSCANY: BEAUTY FOR EVERYONE #TOSCANA OVUNQUE BELLA A Destination Challenge For All Alberto Peruzzini Director of Toscana Promozione Turistica Bruxelles, 20 June 2017 2017 International Year of Sustainable

More information

Frankfurt Hotel 2014/2015. Frankfurt. Market Report. Accelerating success.

Frankfurt Hotel 2014/2015. Frankfurt. Market Report. Accelerating success. Market Report Frankfurt Hotel 2014/2015 Frankfurt Market Report Accelerating success. Overall information Frankfurt am Main has a population of just under 700,000 and is a major hub of the financial industry

More information

Economic Benefits of Air Transport in Panama

Economic Benefits of Air Transport in Panama Economic Benefits of Air Transport in Panama Economic Benefits of Air Transport in Panama Acknowledgements Oxford Economics acknowledges the assistance from the International Air Transport Association

More information

Economic Impact of Tourism in Hillsborough County September 2016

Economic Impact of Tourism in Hillsborough County September 2016 Economic Impact of Tourism in Hillsborough County - 2015 September 2016 Key findings for 2015 Almost 22 million people visited Hillsborough County in 2015. Visits to Hillsborough County increased 4.5%

More information

Air Routes as Economic Development Levers. John D. Kasarda, PhD

Air Routes as Economic Development Levers. John D. Kasarda, PhD Routes News October 2008 Air Routes as Economic Development Levers John D. Kasarda, PhD In his influential recent book, The World Is Flat, Thomas Friedman makes it clear that an increasingly fast-paced,

More information

ICAO MEETING ON AIR CARGO DEVELOPMENT IN AFRICA OPENING REMARKS. 05 August, 2014

ICAO MEETING ON AIR CARGO DEVELOPMENT IN AFRICA OPENING REMARKS. 05 August, 2014 ICAO MEETING ON AIR CARGO DEVELOPMENT IN AFRICA OPENING REMARKS 05 August, 2014 } AFRAA greatly honoured to be associated with this important event. } The Republic of Togo is a country of great people

More information

Air Namibia A Regional Carrier Transformation. Presented by: Theo Namases Managing Director

Air Namibia A Regional Carrier Transformation. Presented by: Theo Namases Managing Director Air Namibia A Regional Carrier Transformation Presented by: Theo Namases Managing Director 04 September 2012 1 Welcome to Namibia! Some facts about Namibia 2 The Airline business is a difficult one subject

More information

Cumulative Investments by Sector. Cumulative Investment by Country. Industry, Commerce & Agribusiness 18% Transport 30% Natural Resources 2%

Cumulative Investments by Sector. Cumulative Investment by Country. Industry, Commerce & Agribusiness 18% Transport 30% Natural Resources 2% Cumulative Investments by Sector Cumulative Investment by Country Industry, Commerce & Agribusiness 18% Transport 30% Natural Resources 2% SERBIA 45% KOSOVO 2% MONTENEGRO 6% Financial Institutions 30%

More information

67 TH EDTION, 10 TH -12 TH OCTOBER 2018 RIMINI EXPO CENTER, ITALY. Organized by

67 TH EDTION, 10 TH -12 TH OCTOBER 2018 RIMINI EXPO CENTER, ITALY. Organized by 67 TH EDTION, 10 TH -12 TH OCTOBER 2018 RIMINI EXPO CENTER, ITALY Organized by WE ARE THE ONLY TRADE SHOW IN ITALY DEDICATED EXCLUSIVELY TO THE HOTEL INDUSTRY. We provide the most complete showcase in

More information

Air Berlin PLC AGM 06 June 2013 London

Air Berlin PLC AGM 06 June 2013 London Air Berlin PLC AGM 06 June 2013 London airberlin a strong European carrier Market position as of 31 December 2012 No. 2 in core market: Germany / Austria / Switzerland No. 7 in Europe with 33.3 m guests

More information

MALTA TOURISM DEVELOPMENT PROCESS FROM 1950s

MALTA TOURISM DEVELOPMENT PROCESS FROM 1950s MALTA TOURISM DEVELOPMENT PROCESS FROM 1950s The development of tourism in Malta took off in the late 1950s. Prior to this the Maltese economy was geared towards providing services to the British military

More information

YUKON TOURISM DEVELOPMENT STRATEGY GROWING TOURISM. OUR FUTURE. OUR PATH.

YUKON TOURISM DEVELOPMENT STRATEGY GROWING TOURISM. OUR FUTURE. OUR PATH. YUKON TOURISM DEVELOPMENT STRATEGY GROWING TOURISM. OUR FUTURE. OUR PATH. Tourism in Yukon WHAT DOES TOURISM CONTRIBUTE TO THE YUKON ECONOMY? Tourism is a major contributor to the local economy, responsible

More information

Analysts and Investors conference call. Q results. 15 May 2013

Analysts and Investors conference call. Q results. 15 May 2013 Analysts and Investors conference call Q1 2013 results 15 May 2013 Management summary Key messages of Q1 2013 +6% +9% +3.3%p. Q1 2013 operational KPIs are in line with 109.7 116.2 6.5 7.1 82.3 85.6 expectations,

More information

JUNE 2017 AUCKLAND ECONOMIC INSIGHTS SERIES ENGAGING GLOBALLY AUCKLAND S TRADING LINKAGES. aucklandnz.com/business nzier.org.nz

JUNE 2017 AUCKLAND ECONOMIC INSIGHTS SERIES ENGAGING GLOBALLY AUCKLAND S TRADING LINKAGES. aucklandnz.com/business nzier.org.nz AUCKLAND ECONOMIC INSIGHTS SERIES ENGAGING GLOBALLY AUCKLAND S TRADING LINKAGES aucklandnz.com/business nzier.org.nz JUNE 2017 4 AUCKLAND ECONOMIC INSIGHTS SERIES 1 2 3 4 Advanced Industries Auckland s

More information

LINKING AVIATION DEVELOPMENT & TOURISM DEVELOPMENT. Karin Gert Nielsen, CEO/President Atlantic Link

LINKING AVIATION DEVELOPMENT & TOURISM DEVELOPMENT. Karin Gert Nielsen, CEO/President Atlantic Link LINKING AVIATION DEVELOPMENT & TOURISM DEVELOPMENT Karin Gert Nielsen, CEO/President Atlantic Link SHOW Your Successes # 1 Long Haul Destination Danish Travel Award 2015 1. Presentation 2. Case Studies

More information

THE EUROPEAN REGION IN STRUCTURE OF THE WORLD TOURIST MARKET

THE EUROPEAN REGION IN STRUCTURE OF THE WORLD TOURIST MARKET THE EUROPEAN REGION IN STRUCTURE OF THE WORLD TOURIST MARKET Svetlana Galasyuk, Candidate of economic sciences, Ass. Prof. of the Department of economy and management of tourism, Odessa State Economics

More information

NOVEMBER YEAR III LATIN AMERICA&CARIBBEAN MID-MARKETS: OPPORTUNITIES IN THE REGION

NOVEMBER YEAR III LATIN AMERICA&CARIBBEAN MID-MARKETS: OPPORTUNITIES IN THE REGION NOVEMBER 2011 - YEAR III MARKETWATCH LATIN AMERICA&CARIBBEAN MID-MARKETS: OPPORTUNITIES IN THE REGION THE REGION IN PERSPECTIVE LAC in Perspective - 2011 Facts % of the world 595 mi people 9,3 $ 5,8 tri

More information

Leveraging Cultural Heritage and Creative Industries for Destination Management and Marketing: Trends, Issues and Cases

Leveraging Cultural Heritage and Creative Industries for Destination Management and Marketing: Trends, Issues and Cases Leveraging Cultural Heritage and Creative Industries for Destination Management and Marketing: Trends, Issues and Cases Marcello M. Mariani University of Bologna Invited Speech for AdCamp 2013 4th Annual

More information

United Kingdom: Tourism Market Insights 2017

United Kingdom: Tourism Market Insights 2017 United Kingdom: Tourism Market Insights 2017 Overview This tourism report provides an outlook on key market insights on a global, national and provincial scale for the United Kingdom (UK). In addition,

More information

June TEQ Marketing Strategy 2025 Executive Summary

June TEQ Marketing Strategy 2025 Executive Summary June 2017 TEQ Marketing Strategy 2025 Executive Summary Vision and The Opportunity Tourism and Events Queensland s (TEQ) Marketing Strategy 2025 provides a platform to realise the TEQ vision of inspiring

More information

Global Luggage Market

Global Luggage Market Global Luggage Market -------------------------------- 2013 Executive Summary Industrial revolution and scientific, social and political developments in the past century have changed the pattern and quantum

More information

Trade Flows, Economic Development and Maritime Transport in Mediterranean area

Trade Flows, Economic Development and Maritime Transport in Mediterranean area Trade Flows, Economic Development and Maritime Transport in Mediterranean area Luca Forte SRM Head of Med Observatory Naples, April 15th 2013 AGENDA The growing importance of Mediterranean Trade relations

More information

CDP Equity at a glance 2.9% 97.1% CDP GROUP 100% CDP Equity is a holding company with a capital of 3.5B

CDP Equity at a glance 2.9% 97.1% CDP GROUP 100% CDP Equity is a holding company with a capital of 3.5B CDP Equity at a glance CDP Equity is part of the Cassa depositi e prestiti Group, which is controlled by the Italian Ministry of Economy and Finance and is active in supporting the economy and the infrastructural

More information

Session III: Closing the gap Placing tourism within the wider urban agenda

Session III: Closing the gap Placing tourism within the wider urban agenda UNWTO Mayors Forum for Sustainable Urban Tourism Cities for all: building cities for citizens and visitors Session III: Closing the gap Placing tourism within the wider urban agenda April 5, 2019 Lisbon,

More information

Role of Aviation Sector in Latvia Development of Riga International Airport

Role of Aviation Sector in Latvia Development of Riga International Airport Role of Aviation Sector in Latvia Development of Riga International Airport Riga International Airport Built in 1974 1% owned by the Republic of Latvia Operated by SJSC RIGA International Airport Occupies

More information

Current Issues in Tourism Policy Making in Hungary

Current Issues in Tourism Policy Making in Hungary Current Issues in Tourism Policy Making in Hungary Dr Andrea Nemes Director General Tourism and Catering Department Contents I. Tourism Management in Hungary II. Tourism Trends in Hungary III. Competitiveness

More information

Tourist flow in Italy Year 2016

Tourist flow in Italy Year 2016 27 October 2017 Tourist flow in Italy Year 2016 The National Institute of Statistics releases data on tourist flows and their features in 2016 from the point view of supply 1 and demand 2 side. In 2016,

More information

irport atchment rea atabase

irport atchment rea atabase irport atchment rea atabase Examples 539 Airports Four range sizes 50, 75, 100 and 150 km. Time series 00-015 30+ variables About ACAD The database contains catchment area information for 539 European

More information

Country Profile: Kenya 2017

Country Profile: Kenya 2017 Country Profile: Kenya 217 1. Global Tourism Performance of Kenya Domestic tourism is the major driving force of the Kenyan tourism sector. The total number of domestic trips rose from 18.1 million in

More information

TRADE IN SERVICES: NEW GROWTH OPPORTUNITIES TOURISM AS AN INTERNATIONALLY TRADED SERVICE

TRADE IN SERVICES: NEW GROWTH OPPORTUNITIES TOURISM AS AN INTERNATIONALLY TRADED SERVICE DOHA, QATAR, 19 APRIL 212 TRADE IN SERVICES: NEW GROWTH OPPORTUNITIES TOURISM AS AN INTERNATIONALLY TRADED SERVICE Marcio Favilla L. de Paula Executive Director for Competitiveness, External Relations

More information

The Economic Contribution of the Qantas Group to Australia

The Economic Contribution of the Qantas Group to Australia The Economic Contribution of the Qantas Group to Australia Deloitte Access Economics November 2015 Introduction Deloitte Access Economics was engaged by the Qantas Group to undertake an economic study

More information

The Benefits of Tourism

The Benefits of Tourism The Benefits of Tourism The Benefits of Tourism Diversification of tourism industry infrastructure Contributions to the balance of payments Increase in tax revenues Improved job opportunities Improved

More information

Plugging the greater Midlands region into global wealth

Plugging the greater Midlands region into global wealth Plugging the greater Midlands region into global wealth A great airport for a great city Birmingham Airport will be at the centre of a network of great airports delivering aviation capacity and connectivity

More information

Maximizing Sustainable Tourism impact for inclusive and low carbon growth Colombo, 7 October Zoritsa Urosevic World Tourism Organization

Maximizing Sustainable Tourism impact for inclusive and low carbon growth Colombo, 7 October Zoritsa Urosevic World Tourism Organization Maximizing Sustainable Tourism impact for inclusive and low carbon growth Colombo, 7 October 2014 Zoritsa Urosevic World Tourism Organization UNWTO s Mandate The promotion of responsible, sustainable and

More information

TENDENCIES, PERSPECTIVES AND INVESTMENT POSSIBILITIES IN THE HUNGARIAN TOURISM

TENDENCIES, PERSPECTIVES AND INVESTMENT POSSIBILITIES IN THE HUNGARIAN TOURISM TENDENCIES, PERSPECTIVES AND INVESTMENT POSSIBILITIES IN THE HUNGARIAN TOURISM Brussels, 6th June 2007 Dr. Ujhelyi István State Secretary Ministry of Local Government and Regional Development OPERATIONAL

More information

20-Year Forecast: Strong Long-Term Growth

20-Year Forecast: Strong Long-Term Growth 20-Year Forecast: Strong Long-Term Growth 10 RPKs (trillions) 8 Historical Future 6 4 2 Forecast growth annual rate 4.8% (2005-2024) Long-Term Growth 2005-2024 GDP = 2.9% Passenger = 4.8% Cargo = 6.2%

More information

Changi Airport Group releases FY2011/12 Annual Report

Changi Airport Group releases FY2011/12 Annual Report Media Release Changi Airport Group releases FY2011/12 Annual Report SINGAPORE, 14 September 2012 Changi Airport Group (CAG) today released its annual report for the financial year ended 31 March 2012 (FY11/12).

More information

The Role of the State in Tourism. in Manitoba. Doug Ramsey Department of Rural Development Brandon University

The Role of the State in Tourism. in Manitoba. Doug Ramsey Department of Rural Development Brandon University The Role of the State in Tourism Product Development and Promotion in Manitoba Doug Ramsey Department of Rural Development Brandon University Presentation Outline Context Role of the State Overview of

More information

Benchmarking Travel & Tourism in Australia

Benchmarking Travel & Tourism in Australia Benchmarking Travel & Tourism in Australia How does Travel & Tourism compare to other sectors? Sponsored by: Summary of Findings, November 2013 Outline Introduction... 3 Australia summary..... 8 Data sources

More information

Benchmarking Travel & Tourism in Colombia

Benchmarking Travel & Tourism in Colombia Benchmarking Travel & Tourism in Colombia How does Travel & Tourism compare to other sectors? Summary of Findings, November 2013 Sponsored by: Outline Introduction... 3 Colombia summary..... 8 Data sources

More information

The Economic Impact of Tourism New Forest Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH

The Economic Impact of Tourism New Forest Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH The Economic Impact of Tourism New Forest 2008 Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH CONTENTS Glossary of terms 1 1. Summary of Results 4 2. Table

More information

Connectivity for Urban Tourism Competitiveness

Connectivity for Urban Tourism Competitiveness Connectivity for Urban Tourism Competitiveness Mr. Li Baochun Executive Deputy Secretary General World Tourism Cities Federation www.wtcf.org.cn Connectivity 1. The quality or condition of being connected

More information

Benchmarking Travel & Tourism in United Arab Emirates

Benchmarking Travel & Tourism in United Arab Emirates Benchmarking Travel & Tourism in United Arab Emirates How does Travel & Tourism compare to other sectors? Summary of Findings, November 2013 Sponsored by: Outline Introduction... 3 UAE summary...... 8

More information

ANA HOLDINGS Management Strategy Update

ANA HOLDINGS Management Strategy Update ANA HOLDINGS NEWS ANA HOLDINGS Management Strategy Update TOKYO, April 28, 2017 - ANA HOLDINGS (hereafter ANA HD ) today provides an update to its FY2016-2020 Mid-Term Management Strategy, set out in January

More information

Benchmarking Travel & Tourism in Russia

Benchmarking Travel & Tourism in Russia Benchmarking Travel & Tourism in Russia How does Travel & Tourism compare to other sectors? Sponsored by: Summary of Findings, November 2013 Outline Introduction... 3 Russia summary..... 8 Data sources

More information

Government Keynote Address. Delian Dobrev, Minister of Economy, Energy and Tourism

Government Keynote Address. Delian Dobrev, Minister of Economy, Energy and Tourism Government Keynote Address Delian Dobrev, Minister of Economy, Energy and Tourism Bulgaria Your Investment Destination in Europe Munich 4 December 2012 Mr. Delian Dobrev Minister of Economy, Energy and

More information

Tourist flow in Italy Year 2017

Tourist flow in Italy Year 2017 27 November 2018 Tourist flow in Italy Year 2017 The National Institute of Statistics releases data on tourist flows and their features in 2017 from a supply 1 and demand-side 2 perspective. In 2017, around

More information

Developing internationally-ready product and reaching the market. Carol Dray Commercial Director Andrew Stokes Director England

Developing internationally-ready product and reaching the market. Carol Dray Commercial Director Andrew Stokes Director England Developing internationally-ready product and reaching the market Carol Dray Commercial Director Andrew Stokes Director England 1 Overview What is inbound tourism and why is it worth considering? Discover

More information

Promoting Sustainable Tourism: The economic benefits for Local Government 4 April Presented by Caroline Ungersbock

Promoting Sustainable Tourism: The economic benefits for Local Government 4 April Presented by Caroline Ungersbock Promoting Sustainable Tourism: The economic benefits for Local Government 4 April 2017 Presented by Caroline Ungersbock 1 2 Sustainable Tourism UNWTO / UNEP tourism that takes full account of its current

More information

Introduction goes here AfDB Transport Forum Nov 2015, Abidjan, Cote d Ivoire

Introduction goes here AfDB Transport Forum Nov 2015, Abidjan, Cote d Ivoire Introduction goes here AfDB Transport Forum 26-27 Nov 2015, Abidjan, Cote d Ivoire Aviation Opening Up the African Sky Why Air Transport is Important for Africa Size: 355 Million Sq. KM Population 1.2

More information

Song Rui Tourism Research Center, Chinese Academy of Social Sciences March 7, 2018, Berlin

Song Rui Tourism Research Center, Chinese Academy of Social Sciences March 7, 2018, Berlin Report on World Tourism Economy Trends (2018) Song Rui Tourism Research Center, Chinese Academy of Social Sciences March 7, 2018, Berlin TREND I Fast and comprehensive growth of the global tourism economy

More information

America 6% Russia 12%

America 6% Russia 12% TOURISM IS A GROWING SOURCE OF EXPORT REVENUE AND A SIGNIFICANT EMPLOYMENT PROVIDER IN FINLAND TOURISM HAS A MULTIPLIER EFFECT ON OTHER SECTORS. 1 EURO IN TOURISM ADDS 56 CENTS VALUE TO THE OTHER SECTORS.

More information

Sweden. Tourism in the economy. Tourism governance and funding

Sweden. Tourism in the economy. Tourism governance and funding Sweden Tourism in the economy In 2014 Sweden s GDP was SEK 3 907 billion. Tourism s share of GDP is 2.8%, and has been growing steadily for the last ten years and is an important contributor to the economy

More information

Nigeria: Tourism Market Insights 2017

Nigeria: Tourism Market Insights 2017 6,8% 54,1% 45,9% 93,2% Nigeria: Tourism Market Insights 217 About Nigeria According to Nielson (217), Nigeria is home to over 25 ethnic groups divided on religious, socioeconomic, and political lines.

More information

Integrated Quality Management for MICE destinations A key to Success. Bruce Redor Partner

Integrated Quality Management for MICE destinations A key to Success. Bruce Redor Partner Integrated Quality Management for MICE destinations A key to Success Bruce Redor Partner About GainingEdge - Our Expertise Convention Bureau Development Convention Centre Development Sales Support Education

More information

Mekong Responsible Tourism

Mekong Responsible Tourism Mekong Responsible Tourism SEMINAR ON TOURISM ETHICS FOR ASIA AND THE PACIFIC Responsible Tourism and Its Socio-Economic Impact on Local Communities 11 June, 2011 Christine Jacquemin Mekong Tourism Coordinating

More information

UNDERSTANDING THE ITALIAN MARKET

UNDERSTANDING THE ITALIAN MARKET UNDERSTANDING THE ITALIAN MARKET Market Overview In 2015, Italy was s 18th largest inbound market for visitor arrivals, and 17th for total visitor nights and spend. 73,000 Visitor arrivals 1 (á 2 per cent)

More information

Australia as an Innovation Nation

Australia as an Innovation Nation Australia as an Innovation Nation The Australian Economy and the Government s National Science and Innovation Agenda Damien Miller Australian Ambassador to Denmark, Norway and Iceland The Australian Economy

More information

Paul Steele, Executive Director Air Transport Symposium

Paul Steele, Executive Director Air Transport Symposium Providing employment, trade links, tourism and support for sustainable development through air travel Paul Steele, Executive Director Air Transport Symposium 19 April 2012, Montreal ATAG 2012 WWW.AVIATIONBENEFITSBEYONDBORDERS.ORG

More information

Air Berlin PLC Frankfurt, 29 August 2012 DVFA Small Cap Conference

Air Berlin PLC Frankfurt, 29 August 2012 DVFA Small Cap Conference Air Berlin PLC Frankfurt, 29 August 2012 DVFA Small Cap Conference 2012 is the transition year business transformation airberlin on its journey to sharpen its profile in the scheduled business Shape &

More information

ICAN ANTALYA, TURKEY 20 Oct 2015 MÁRCIO FAVILLA. UNWTO Executive Director NEW UNDERSTANDINGS AND APPROACHES IN AIRLINE AND TOURISM BUSINESS

ICAN ANTALYA, TURKEY 20 Oct 2015 MÁRCIO FAVILLA. UNWTO Executive Director NEW UNDERSTANDINGS AND APPROACHES IN AIRLINE AND TOURISM BUSINESS ICAN 2015 ANTALYA, TURKEY 20 Oct 2015 NEW UNDERSTANDINGS AND APPROACHES IN AIRLINE AND TOURISM BUSINESS MÁRCIO FAVILLA UNWTO Executive Director Tourism Towards 2030 Continued growth of demand million 1,800

More information

01 Amadeus at a glance

01 Amadeus at a glance 01 Amadeus at a glance 7 Amadeus Annual Report 2011 1.1 Company s origins and development Most people associate the birth of electronic commerce distribution with the arrival of the internet. In fact,

More information

The impact of investments & storms on the economic benefits provided by the South West Coast Path National Trail to the region between 2010 and 2014

The impact of investments & storms on the economic benefits provided by the South West Coast Path National Trail to the region between 2010 and 2014 Cumulatve increase since 2010 The impact of investments & storms on the economic benefits provided by the South West Coast Path National Trail to the region between 2010 and 2014 Key findings Between 2010

More information