Asia Pacific destinations to receive 673 million visitors in 2018 : PATA
TravelBizNews —-
Bangkok – Hong Kong SAR will lead Asia Pacific destinations in terms of growth over the next five years, according to the PATA report on Asia Pacific Visitor Forecasts 2018-2022.
The Asia Pacific destinations covered in this report are forecast to receive an aggregate inbound count of more than 673 million international visitor arrivals in 2018, well in excess of 42 million more than the volume received in 2017. Hong Kong SAR, China and Turkey lead the way with annual increases of 7.9 million, 4.1 million and 3.8 million foreign arrivals respectively.
Destinations in the Americas register highly as well, with the USA and Mexico in particular, expected to show annual increases in inbound foreign arrivals of 3.6 million and 2.6 million respectively.
The major international visitor-generating markets will be China, Hong Kong SAR and Korea (ROK) with those three origin markets producing a collective increase of close to 20 million additional IVAs into Asia Pacific between 2017 and 2018.
In the Americas, Canada and the USA will generate an additional 2.7 million arrivals. In total, seven origin markets will add volume increases of more than one million foreign arrivals each, from Asia (four origin markets), the Americas (two origin markets) and Europe (one origin market).
East Europe is expected to produce some solid gains over this period as well, especially out of the Russian Federation and Poland with each of these origin markets producing well over 600,000 additional arrivals each, between 2017 and 2018.
Out of the Pacific, Australia will also be a solid producer of foreign arrivals into Asia Pacific, adding more than 780,000 additional arrivals over this period.
The strongest Asian market generators of additional visitor arrivals between 2017 and 2022 will be led by China and Hong Kong SAR with respective increases of 64.5 million and 13 million. These will be supported by Korea (ROK), Thailand and India with incremental increases of eight million, 4.3 million and 3.2 million respectively.
Total receipts from international tourism will increase from US$710 billion in 2017 to more than US$755 billion in 2018 and continue to grow to 2022 when tourism expenditure is expected to reach more than US$955 billion according to PATA forecasts.
Said Dr. Mario Hardy, CEO of PATA “The growth momentum of Asia Pacific as both a receiver and a generator of international visitors – not just into Asia Pacific but globally – and the receipts that they generate, is set to continue to at least 2022”.
Inputs : PATA March 6 , 2018
Image by PATA Communications
