There are countries that depend solely on Luxury travels for a huge part of their national revenue and per capital income. Switzerland is one of such countries whose flow of tourists from the BRIC region into the country keeps the Switzerland travel market vibrant. What this means is that a changing travel market trend even by the slightest amount would result in a huge effect on the national economy.
Making projections, based on prevailing factors is not only necessary but paramount. Such projections will help the nation to foresee advancing shift in market trend and where it will be unfavorable, the nation will have a good time upfront to either try to reverse the shift or make sure that when it finally comes, the bite won’t be as hard as it would have been.
