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Kazakhstan Tourism Report Q4 2017

Kazakhstan Tourism Report Q4 2017

BMI View:

The tourism industry in Kazakhstan is one of the least developed in the region and the country's inbound market is small, particularly in comparison to more established Western and Eastern European destinations. The government has committed to the development of the tourism industry under plans to diversify the national economy and is making investments in a number of sectors in order to improve transport connections and enhance the range of attractions on offer. Despite these efforts, the growth outlook for the market remains weak, with developers deterred by an opaque investment environment and visitors deterred by an uncertain security environment and entry barriers.

Key Updates and Forecasts

In June 2017 the Kazakhstani government approved a new Concept of Tourism Development which will be implemented in two phases through to 2023. The new development plan will highlight a range of attractions such as the Ulytau State Nature Reserve and the Northern Trans-Balkhash area.

BMI Industry View
Table: Key Forecasts (Kazakhstan 2014-2021)
Industry Forecast
Table: Inbound Tourism (Kazakhstan 2014-2021)
Table: Tourism Receipts (Kazakhstan 2014-2021)
Table: Hotel Accommodation (Kazakhstan 2014-2021)
Table: Tourist Departures and Consumption (Kazakhstan 2014-2021)
Industry Risk/Reward Index
Central And Eastern Europe Tourism Risk/Reward Index
Table: Central And Eastern Europe Tourism Risk/Reward Index, Q4 2017
Kazakhstan Tourism Risk/Reward Index
Market Overview
Competitive Landscape
Domestic Hotel Groups
Table: Domestic Hotel Groups
International Hotel Groups
Table: International Hotel Groups
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Weighting Of Indicators

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