In such a highly seasonal market the break-even point has been challenging for most tour operators to reach. While tourist arrivals have grown over the past decade, the number of operators has surged and only a handful in the sector are able to thrive on the basis of a four-month high season alone. Although new air links may diversify the type and...
While a significant nomadic population still pushes its herds across the steppe, young adults in Ulaanbaatar use fibre-optic networks to access the internet. Heir to the legacy of Chinggis Khan, Mongolia is fast emerging as a land rich with economic potential – a country that is seeking growth while also working to preserve its unique national culture.
The next several years are likely to see the Mongolian hotel market become considerably more competitive and dynamic as major international chains open in the country and existing institutions look to strengthen their positions in the industry.
Almost a byword for remote landscapes, Mongolia exerts a strong pull on the adventurous traveller, and its unique offerings are being discovered by a new generation of visitors. The industry has a small but expanding base of business and backpacker tourists coming to explore and develop its economic potential, while the country looks to strengthen...
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