North America Destination Tourism Insight Report Including International Arrivals, Domestic Trips, Key Source / Origin Markets, Trends, Tourist Profiles, Spend Analysis, Key Infrastructure Projects and Attractions, Risks and Future Opportunities, 2023 Upd

North America Destination Tourism Insight Report Including International Arrivals, Domestic Trips, Key Source / Origin Markets, Trends, Tourist Profiles, Spend Analysis, Key Infrastructure Projects and Attractions, Risks and Future Opportunities, 2023 Update

Summary

Analysis of destination markets, infrastructure and attractions, main and emerging source markets, as well as risks and opportunities in North America. This report explores the types of travelers that visit the region as well as a SWOT analysis.

Key Highlights

Inbound tourism for North American destinations is significantly influenced by intraregional tourism. In xx, Mexico's inbound tourism was primarily driven by international arrivals from the US and Canada, which combined accounted for xx% of the total. This trend continued in xx, with tourists from these areas making up xx% of the inbound tourism.

Germany is a significant ally of the United States in Europe, with a close and robust relationship. The United States is home to over xx million individuals with German heritage, making it the largest ethnic ancestry group in the country. The observation suggests a possibility of increased VFR tourism.

Based on the findings of GlobalData's Consumer Survey Q3 2021, it can be inferred that a significant proportion of the global population (xx%) exhibits a preference for beach vacations. The data indicates that the majority of travelers engage in visits to friends and relatives (VFR) at xx%, followed by city breaks at xx%, cultural experiences at xx%, and adventure and sports at xx%.

The political environment is the most disparate among the North American countries. The US and Mexico both have experienced civil unrest, authoritative leadership and geopolitical tensions in the past, which have affected the region's risk score.

Scope

• This report is part of GlobalData's Destination Market Insights Series. These reports provide an in-depth analysis of a tourist destination and its key source markets, as well as an assessment of the trends and issues in the covered destination market, in this case North America.

Reasons to Buy

• Obtain a clear and detailed insight into new developments in two popular tourist destinations.
• Use data and analysis to explore trends related to international arrivals and spending, tourism segments as well as construction, foreign direct investments (FDI), airlines and hotel developments.
• Gain a better understanding of the opportunities in the market, as well as the risks, to support better business decisions.