South America and Asia drive global travel growth in 2012

Published on : Thursday, February 14, 2013

The fastest-growing region last year was South America with a 12% increase in outbound trips to a new all-time high, the World Travel Monitor showed. However, growth rates in the region are now slowing as demand in Brazil in particular cools off. Africa also showed very healthy growth with a 9% rise in outbound travel, although from a smaller base level.

Asia remained the powerhouse for world tourism growth in 2012 with strong growth of 7% in outbound travel as incomes rise and consumers are able to travel more. The outlook for 2013 is even stronger, experts said at the World Travel Monitor Forum in Pisa.

The outlook for Asian outbound tourism next year is also overwhelmingly positive thanks to continued good prospects for the region’s economies.

Source:- South America

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