The Asia-Pacific region, led by China, will
be the main force driving world tourism in the next 10 years, a
consultancy survey forecast today. The tourism industry as a whole
will grow faster than overall economic activity, the survey estimated.
"The major trend is the continued growth in Asia, that is really
driving the global travel industry forward," economist Andrew Tessler at
Oxford Economics which published the survey, told AFP. "Overall,
globally, the industry is growing faster than GDP (gross domestic
product), at least in the forecast years up to 2023," he said. The
survey was carried out for the biggest travel booking company,
Madrid-based Amadeus, and Tessler said that two big factors in the
sector were the rise of low-cost service providers and increasing use of
mobile phones to organise and book travel arrangements. The study
estimated that the number of tourists would rise by 5.4 per cent a year
in the next 10 years. This would be higher than the expected rate of
economic growth, put at 3.4 per cent. In terms of tourism activity,
in Europe and North America "there will be a gradual recovery, a slow
recovery from the effects of recession," the survey said. Europe's
share of the market would fall, but Europe "will still be the largest
recipient of tourism flows." The world tourism industry went through
the worst business conditions for 60 years in 2009 under the impact of
the global financial crisis, according to the World Tourism Organization
which says that the number of tourists arriving somewhere had fallen by
3.8 per cent in that year. In 2010, the figure rallied by 6.6 per
cent, and since then by 4.0-5.0 per cent a year, to exceed 1.0 billion.
The biggest growth of tourism last year occurred in the Asia-Pacific
region where it grew by 6.0 per cent, the WTO data show. Tessler
said that "really a lot of the global growth is still going to be driven
by Asia." He added: "We expect that China will become the largest
outbound travel market this year and the biggest domestic market by
2017." Although the share of the market accounted for by Europe
would decline, Europe "will still be the largest recipient of tourism
flows," he said.
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