Market Research Reports, Inc. has announced the addition of “Travel and Tourism in Cuba to 2018” research report to their offering. Inquiry for more information visit: http://mrr.cm/ZZ2

1. Category : Travel & Leisure
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2. Introduction to Report
 Launch Date: February 19, 2014
 Number of Pages: 91
 Geography Coverage: Cuba
 Available Format: PDF
Price For Single User License: USD 1,950
Price For Site License: USD 3,900
Price For Global User License: USD 5,850
Delivery Time: Within 24 Hours (During Working Days)
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3. About the Report
The Cuban travel and tourism sector’s
performance was modest during the review
period (2009–2013). However, important
reforms, such as the US government lifting its
travel ban and economic reforms which
attracted foreign investment and business
tourists to Cuba, were beneficial for the sector.
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4. Research Findings
Following a growth of 2.4% and 2.8% in 2010 and 2011
respectively, Cuba’s real GDP expanded by 3% in 2012. Economic
stability was also reflected in the travel and tourism sector and
growth was recorded in both domestic and international trips.
The average expenditure per domestic tourist increased during
the period, from CUP156.2 (US$7.0) in 2009 to CUP212.0
(US$9.5) in 2013.
Cuba recorded a 33.3% increase in arrivals from the US in 2012,
driven by the lifting of a ban on travel to Cuba by the US
authorities. The number of arrivals from the US increased at a
CAGR of 20.4%; it is expected to become the second-largest
source country for Cuba in 2018.
Total airline capacity recorded a growth of 10.4% in 2013,
increasing from 2.1 million seats in 2012 to 2.3 million in 2013.
The increase can partly be attributed to various airlines
expanding their fleets, particularly national flag carrier Cubana.
Cubana added three Antonov An-158s in 2013 and plans to add
three more in 2014.
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5. Research Findings Continues..
The Cuban hotel market remained relatively stable
during the review period, with total revenue posting a
CAGR of 1.20%.
The car rental market is characterized by old cars as, up
until 2010, Cubans were not permitted to buy or sell cars.
The market performed well during the review period,
with the industry’s total market value increasing at a
CAGR of 4.99%. Following a decline of 6.5% in 2009 due to
a decrease in leisure and business tourism in the wake of
the eurozone debt crisis, the car rental market recovered.
The travel intermediaries’ market value increased at a
review-period CAGR of 8.51%. Dynamic packages (or
customized tour packages) in particular have recorded
robust growth during the period at a CAGR of 31.91%.
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6. Scope
It details historical values for the Cuban 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 Cuba.
It provides comprehensive analysis of the trends in the
airline, hotel, car rental and travel intermediaries
industries, with values for both the 2009–2013 review
period and the 2014–2018 forecast period.
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7. Report Coverage
1. Executive Summary
2. Travel and Tourism Sector In Context
3. Country Fact Sheet
4. Tourism Flows
5. Airlines
6. Hotels
7. Car Rental
8. Travel Intermediaries
9. Tourism Board Profile
10. Airport Profile
11. Company Profiles – Airlines
12. Company Profiles – Hotels
13. Company Profiles – Car Rental
14. Company Profiles – Travel Intermediaries
15. Market Data Analysis
16. Appendix
For more details regarding Report coverage see the last slide
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8. Company Coverage (Partial List)
For more details regarding company coverage and TOC see the last slide
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10. How To Buy This Report?
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