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Switzerland incoming tourism and the role of exchange rates

Anne Pittet , Alexandre Clavel , Julia & Daniel Lopes. Switzerland incoming tourism and the role of exchange rates. Table of contents. Switzerland incoming tourism Number of arrivals Receipts Evolution of arrivals by region Evolution of the exchange rate Evolution of overnights

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Switzerland incoming tourism and the role of exchange rates

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  1. Anne Pittet, AlexandreClavel, Julia & Daniel Lopes Switzerland incoming tourism and the role of exchange rates

  2. Table of contents • Switzerland incoming tourism • Number of arrivals • Receipts • Evolution of arrivals by region • Evolution of the exchange rate • Evolution of overnights • SNB’s initiative • Possible Forecast • Conclusion • Sources

  3. Number of arrivals

  4. Receipts (in US $)

  5. Evolution of arrivals by region

  6. Evolution of the exchange rate

  7. Evolution of overnights

  8. €1 at CHF 1.20?

  9. Possible forecast • Rate of unemployment • Strengthening of the Swiss Franc • Euroization of Switzerland

  10. Conclusion • Increase in Swiss incoming tourism • European Union in crisis • Credibility of BNS • Strong link between between tourism and exchange rates

  11. Sources • http://www.indexmundi.com/facts/switzerland/international-tourism • http://www.seco.admin.ch/themen/00476/00508/index.html?lang=fr • http://www.contrepoints.org/2013/01/16/111512-euro-franc-suisse-quand-la-bulle-eclatera • http://www.bilan.ch/argent-finances-exclusif/pourquoi-la-bns-va-gagner-son-pari-sur-leuro • http://tradervox.com/fundamental-analysis/060912/Euro-Strengthens-Against-Swiss-Franc • http://www.oecd.org/fr/suisse/etudeeconomiquedelasuisse2011.htm • Jean-Philippe Clavel, P.h.D in Law and Economics, teacher • http://www.oanda.com/lang/fr/currency/historical-rates/ • OFS, La statistique suisse du tourisme 2012, 2013, Neuchâtel

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