Asia drives world tourism growth with 6% increase in Asian outbound travel in 2013

Published on : Wednesday, February 6, 2013

tourism in 2013 is overwhelmingly positive, thanks to continued good prospects for the region’s economies. Asia remained the powerhouse for world tourism growth in 2012 with strong growth of 7% in outbound travel as incomes rose and consumers were able to travel more. The outlook for 2013 is even stronger, experts said at the World Travel Monitor Forum in Pisa.

On a similar positive note, 29% of Asians plan to travel more in 2013, up from the 26% figure of 2011. Only 16% plan to travel less, compared to 21% of 2011 while 52% plan similar travel levels in 2013. Taking all these factors into account, IPK predicts a healthy 6% increase in Asian outbound travel in 2013.

According to the IMF’s World Economic Outlook, released in October 2012, Asian GDP as a whole likely to grow by 5.4% in 2012 and by 5.9% in 2013. Chinese growth could improve to 8.2% in 2013 from 7.8% in 2012, South Korea could see 3.7% growth, up from 2.7% in 2012 and Japan should consolidate 2.2% growth with a further 1.2% increase in 2013.

The IMF has also predicted healthy growth for India and South-East Asian countries. Prospects for Asian tourism in 2013 are even stronger. Only one third (32%) of Asians say the financial crisis will impact their travel planning while two thirds (68%) say they will not be affected.

Leave a Reply

Your email address will not be published. Required fields are marked *

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 02 AIME 2019
  • 03 AIME 2018
  • 05 ameistanbul 2019
  • 06 aviation-festival-asia 2019
  • 07 thehotelshowsaudiarabia 2019
  • 08 JTTX9 19
  • 09 Conventa 2019
  • 10 Asia Pacific 2019
  • 10 Hotel Management Thailand 2019
  • 10 OTM 2019
  • 10 Routes Americas 2019
  • 11 Bar and Restaurant Investment 19
  • 11 Digital Travel 2019
  • 13 ATRTCM 2019
  • 13 Food Hospitality2019
  • 16 EMITT 2019
  • 16 IITM 2019
  • 17 AITF 18
  • 18 UITT 2019

TRAVEL INDUSTRY EVENTS

    1. Saudi Arabia Hotel Investment Conference

      January 22 - January 23
    2. THINC SRI LANKA

      January 22
    3. OTM Mumbai

      January 23 - January 25
    4. CONVENTA

      January 23 - January 24
    5. FITUR 2019

      January 23 - January 27
Get our toolbar!
Review www.travelandtourworld.com on alexa.com