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Home Industry Reports Investment Opportunities Market Entry - Tourism and Hotel Industry in Bangladesh: Analysis of Growth, Tr .... Published DEC 2017
Market Entry - Tourism and Hotel Industry in Bangladesh: Analysis of Growth, Trends and Progress (2015-2020) Download Free Sample Report NOW Purchase Report $1200 Single user license $1500 Team license $2500 Corporate license
Buy Now - $12001200$ Description Table of Contents About the Market Tourism is an important component of their economy, as well as a significant source of foreign exchange revenues, contributing to 9.3% of country's GDP. Good travel and tourism policies enable 10 million international visitors annually. Indonesia's tourism sector accounts for approximately 4% of the total economy and plans to double the figure by 2019 by improving infrastructure, accessibility, health & hygiene, as well as enhancing online promotional marketing strategy, leading to opportunities in upcoming markets. The government has also revised its visa-free access policy in 2015 to attract more foreign tourists. Famous tourist destinations like Bali and Jakarta have already seen a large influx of investment in recent years, especially, in the upper end of the market, leading to excessive supply, promoting the establishment of hotel industry. About the Geography Bangladesh is the eighth most populous nation in the world, with a democratic government at its helm. The country is seen as extremely poorand under-developed, due to devastating natural disasters, and the socio-political instability. However, the country has the advantage of being in a strategic geographical position between South and Southeast Asia making it an entryway to both these markets. The Bangladesh government is active ely seeking foreign investment, particularly in areas of energy and infrastructure. Many incentives are offered through industrial policy, growth strategy by exports and public-private partnership (PPP) program launched in 2009. The government’s strategic vision for 2021 plans growth through massive investment in infrastructure, skill development and trade. In general, there are no restrictions on foreign property or investment. However, four sectors remain restricted to the government, i.e., arms and ammunition, forest plantations, nuclear energy, and security printing. Major challenges companies face is the lack of transparency in government procedures, a slow bureaucratic process associated with procurement practices, and corruption. However, a steady CAGR of at least 5.3% over the last 16 years, competitive labor force, large English-speaking base along with a strong consumer base, makes Bangladesh a popular choice among investors. Recently, many developed Asian countries have outsourced their factory production, mainly textile, to Bangladesh owing to its low and efficient production capabilities. Component Name
Unit
From Site
GDP
USD billion
195
GDP Annual Growth Rate
%
7.05
GDP Per Capita
USD
973
Unemployment Rate
%
4.3
Wages
USD/Month
32.553
Inflation Rate
%
5.53
Consumer Price Index (CPI)
Index Points
230
Interest Rate
%
6.75
Loans to Private Sector
USD million/billion
79.98 billion
Balance of Trade
USD million/billion
(- 0.794 billion)
Business Confidence
(No Units)
9.96
Manufacturing Production
%
9
Ease of Doing Business
(No Units)
174
Competitiveness Rank
(No Units)
106
Corruption Rank
(No Units)
139
Consumer Spending
USD million/billion
149.950 billion
Corporate Tax Rate
%
27.5
Sales Tax Rate
%
15
The Market Entry Series Exploring global markets is now recognized as the shortest way to ensure high time to efficiency conversion, when trying to expand revenues past domestic markets, for firms both large and small. Our market entry series, priced suitably low contains the essentials of all the parameters (Refer: Table of Contents) you must be apprised of before you can have a well informed contemplation of a business opportunity in your choice of industry, in your choice of geography. Download Free Sample Report NOW SHARE 1. Introduction 1.1 Scope of the Report 1.2 Regional Analysis 1.2.1 PESTLE Analysis 1.2.2 Analysis of Ease of Doing Business 2. Market Dynamics 2.1 Drivers 2.2 Restraints 2.3 Opportunities 3. Market Demand Analysis 3.1 Socio-Economic Segmentation 3.2 Demographic Strengths & Weaknesses 3.3 Spending Patterns 3.4 Target Market Identification 4. Market Size of Hotel and Tourism industry by Type (USD millions) 4.1 Vacation tourism 4.2 Medical toursim 4.3 Cultural toursim 4.4 Eco toursim 4.5 Adventure toursim 4.6 Cruise toursim 4.7 Event toursim 5. Market Entry 5.1 Market Entry: The Strategy 5.1.1 Types of Entry Modes, by Market Entry Objectives 5.1.2 Competition Analysis 5.1.2.1 Market Share 5.1.2.2 Strategies Adopted, Recent Events 5.1.3 Pricing Strategy 5.1.4 Supply Chain Analysis 5.1.4.1 Trade (Import-Export Analysis) 5.1.4.2 Distribution Network & Retail Analysis 5.2 Market Entry: The Administration 5.2.1 How to Register a Company (Flowchart) 5.2.2 Registration Processes 5.2.2.1 Ministries Involved 5.2.2.2 Criteria and Conditions 5.2.3 List of Forms & Documents 5.2.4 Product Control Guidelines specified by the Government 6. Sources 7. Disclaimer Download Free Sample Report NOW SHARE Purchase Report $1200 Single user license $1500 Team license $2500 Corporate license
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