The Danish inbound Tourism market has hardly registered any growth over the last few years due to a lack of competitiveness compared to its neighbors. However, Canadean expects international arrivals to grow at a CAGR of 4.7% during 2015-2019, partly driven by promotional efforts being made to attract tourists from unconventional markets such as China and South Korea. Furthermore, Value Added Tax (VAT) has been 100% exempt on hotel stays for business events such as conferences, meetings, and seminars since January 2015.

Key Findings

Several new flights on international routes have been announced by carriers from Copenhagen. The low cost carrier, Norwegian Air Shuttle (Norwegian), plans to launch flights on seven new long routes for budget business and leisure travelers. Similarly, Scandinavian Airlines (SAS) also plans to operate flights to Boston to fulfill the demand created by the business segment of Danish air passengers. New routes were also launched to Los Angeles and Miami as Danish tourists are willing to travel to these destinations looking for sun and warmth

Value Added Tax (VAT) exemptions of 100% on hotel stays have been granted to tourists arriving for business purposes such as conferences, meetings, and seminars. It was launched on January 1, 2015 and has reduced the cost to tourists by approximately 6.3%. This will make Denmark more competitive for hosting international business events, which will attract more tourists

Canadean’s report -Travel and Tourism in Denmark to 2019 – provides detailed information on the country’s tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, expenditure, and the airline, hotel, car rental, and Travel Intermediaries Industries.

What else does this report offer?

Historic and forecast tourist volumes covering the entire Danish Travel &Tourism sector

Detailed analysis of tourist spending patterns for various categories, such as accommodation, sightseeing entertainment, foodservice, transportation, retail, travel intermediaries and others

Analysis of trips by purpose and mode of transport, and expenditure across various categories including domestic, inbound, and outbound tourism, with analysis using similar metrics

Analysis of the airline, hotel, car rental, and travel intermediaries industries by customer type – leisure and business travelers

For more information on the research report, refer to below link:

https://www.kenresearch.com/media-and-entertainment/tourism/travel-tourism-in-denmark-2019/3708-94.html

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Ken Research

Ankur Gupta, Head Marketing & Communications

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