Unformatted text preview: Colombia should have steady growth
over the forecast period (2% to 7%), and growth
from Venezuela will be solid in 2011 (9%), then
decline through 2016. Europe
Visitors from Europe are expected to increase by
7% in 2011, followed by additional slower growth
over the next five years. The top European markets
are forecast to grow between 2 and 5% in 2011. The
highest growth in Europe will come from Switzerland (23%), Sweden (21%), and France (12%). In
contrast, following a 23% decline in 2009 and a
12% drop in 2010, visitation from Ireland is forecasted to post an additional decrease in 2011 (3%)
and remain essentially flat through 2016. Asia-Pacific
Asia is projected to generate a visitor increase of
4% in 2011. After smaller gains initially, the region is projected to have larger growth over the next few
years for a total 61% increase from 2010 to 2016.
Japan is projected to contract 3% in 2011, decline
the following year, then grow slightly through
2016. Strong growth, 37%, is expected for China in
2011, increasing 274% through 2016—by far the
highest rate of an...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery