The unfavourable economic conditions blighting Ireland and the wider world economy continued to have a negative impact on health and wellness tourism in Ireland, and spas in particular, which recorded further declines of 1% in value terms in 2013. With disposable incomes squeezed ever tighter, non-essential spending remaining at reduced levels, and consumer confidence staying low, domestic demand for spa treatments remained limited. Incoming tourists, equally, were less likely to incur the additional costs associated with spas, opting instead for less expensive excursions and entertainment.
Industry Prospects
Health and wellness tourism is expected to record a negative value CAGR of 1% at constant 2014 prices over the forecast period, to achieve value sales of EUR313 million in 2018. It is unlikely that either domestic sales or the revenue from incoming tourists are likely to improve to a great enough extent to benefit spas, in particular, with a view to improving rates of growth. It is far more likely that real revenues will continue to decline with spending on non-essential luxuries remaining limited with value-for-money, affordability and necessity being the key drivers to spending in the coming years.
Full Report Details at
- http://www.fastmr.com/prod/887851_health_and_wellness_tourism_in_ireland.aspx?afid=302
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Health and Wellness Tourism industry in Ireland with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Health and Wellness Tourism industry in Ireland, our research will save you time and money while empowering you to make informed, profitable decisions.
The Health and Wellness Tourism in Ireland market research report includes:
* Analysis of key supply-side and demand trends
* Historic volumes and values
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Health and Wellness Tourism in Ireland?
* Are hotel/resort spas outperforming destination spas?
* Do domestic spa visitors outweigh international spa arrivals?
* What is the rate of hotel/resort spa outlet development?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
You may also be interested in these related reports:
- Health and Wellness Tourism in the Netherlands
- Health and Wellness Tourism in Denmark
- Health and Wellness Tourism in Finland
- Health and Wellness Tourism in Australia
- Health and Wellness Tourism in Germany
"Health and Wellness Tourism in Ireland" now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001