Published on : Thursday, May 12, 2016
Arrivals from China to Asia Pacific destinations will climb from an estimated 102 million in 2015 to more than 150 million by 2020. As such this one source market will dominate the region’s international tourism landscape, generating close to 23 percent of all arrivals to Asia Pacific destinations by the close of this decade.Based on historic expenditure patterns, that increases the in-country aggregate expenditure by this market in Asia Pacific from the US$157 billion achieved in 2015 to more than US$230 billion by 2020.
This is one of the key findings and inferences from PATA’s ‘Asia Pacific Visitor Forecasts 2016-2020 Full Report’ released today. Continuing on from the summary report published earlier this year, this second report dives deeper into the expected flows and patterns of international travellers across the Asia Pacific region over the next five years.
As well as showing the expected changes in the origin-destination pairs between 2016 and 2020, this report also looks at the associated changes in tourism-related revenue as well as the destinations favoured by key Asia Pacific source markets to 2020.
In total, the expected average annual growth rate of more than four percent per annum over the next five years will lift the foreign arrivals volume into Asia Pacific from the 538 million received in 2015 to more than 657 million by 2020. Around 78 percent of that additional volume will come from Asia, while the Americas will generate around 16 percent of that increase.
Much of this growth will however be intra-regional – around 83 percent of the additional volume from the Americas, for example, will be directed toward destinations in the Americas, while for Asia more than 94 percent of that volume increase will be to destinations in Asia.
More specifically for Asia, 58 percent of the additional volume generated by the Northeast Asia sub-region to 2020 will be delivered to destinations within that same sub-region, while 84 percent of the additional increase in arrivals arising from within Southeast Asia will be to destinations within Southeast Asia.
However, South Asia bucks that intra-regional trend. Only 18 percent of the additional volume in foreign arrivals generated by South Asia destinations will be intra-regional. Southeast Asia captures just over half of the additional foreign arrivals generated by South Asia.