India's No. 1 Hospitality Business Weekly Issue dated - 4th July 2005
-
Spotlight
Newstrack
Avenues
Talking Point
View Point
Globe Watch
On Campus
Management
Food & Beverage
Events
Equip-Mart
Dialogue
 Network Sites
 Group Sites
Untitled Document
 
E-Mail this page || Print this page

Asia-Pacific Leads The Race On Tourist Arrivals: WTO

After three years of stagnant growth, international tourism experienced a spectacular rebound in 2004. According to WTO World Tourism Barometer, international tourist arrivals reached an all-time record of 760 million in 2004 - an increase of 10 per cent over 2003. Express Hotelier & Caterer highlights excerpts from the study...

Growth was common to all regions, but was predominantly strong in Asia and the Pacific (plus 29 per cent) and in the Middle East (plus 20 per cent). Double-digit growth was also registered in the Americas (plus 10 per cent), while Africa (plus 7 per cent) and Europe (plus 4 per cent) performed below the world average, but still substantially improved their results of previous years.

2004 was marked by the strong rebound of Asia and the Pacific after the setbacks suffered in 2003 under the effect of SARS, by the return of the Americas to positive results and by the redistribution of overall tourism flows in Europe and in the Americas under the effects of the USD/euro exchange rate. The recovery of the world economy, and in particular of the economies of important American and European generating markets, strongly contributed to the very good results obtained in 2004. The fears of the impact of the oil prices were overall offset as the year went by and such increases were being absorbed by the dynamism of the world economy and seem to have not affected the consumers’ travel confidence.

“As we foresaw in October, tourism in 2004 reached a record of 760 million international tourist arrivals and the best growth rate of the last 20 years,” WTO Secretary General Francesco Frangialli said. “We are confident that the tourism sector is back on the right track after three difficult years and though still in commotion over the tragic events in Asia, the tourism sector will surely show again its extraordinary resilience and its ability to overcome difficulties by making an important contribution to the quick recovery of the affected countries.”

In a context of double-digit world tourism revival, Europe reports the lowest result of all regions. International tourist arrivals grew by 4 per cent to a total of 414 million, driven in particular by the excellent performance of countries in Central and Eastern Europe (plus 8 per cent) and in Northern Europe (plus 7 per cent). In contrast, results were significantly more modest in Southern and Mediterranean Europe (plus 3 per cent) and in Western Europe (plus 2 per cent). The more mature destinations in the euro zone were particularly affected by the increased competition from non-euro destinations, not only in Europe, but also in North Africa (Morocco and Tunisia) and in the Middle East (Egypt).

2004 was definitely the year of full recovery in Asia and the Pacific as the region attained a 29 per cent growth rate, receiving an estimated volume of 154 million tourist arrivals. Following the trend already seen during the last months of 2003, most of the destinations in North-East and South-East Asia rebounded very strongly from the SARS effects, leading both sub-regions to end the year with a projected increase of around 30 per cent.

AFter three years of depressed figures, 2004 was the year that finally brought tourism in the Americas back to the growth side. Though still lagging behind the 2000 record volume of 128 million arrivals, international tourist arrivals increased by an exceptional 10 per cent in 2004 to a total of 124 million, as all sub-regions performed positively.

Argentina’s improving economic situation, together with the devaluation of the peso, contributed to the good results obtained by the country (plus 11 per cent in the first three quarters of the year), but also to the positive performance of nearby countries such as Uruguay (plus 28 per cent until November), Chile (plus 14 per cent up to October) and Paraguay (plus 15 per cent for the full year) due to its importance as traffic generator in these destinations.

In Africa ( plus 7 per cent), 2004 was a particular buoyant year for destinations in North Africa, which with a 17 per cent increase rate contributed determinately to the overall growth registered in the region, as performance in the region, as performance of sub-Saharan destinations was rather flat (plus 1 per cent).

In the Middle East Tourism continues to be one of the most dynamic economic sectors. Arrivals grew by an estimated 20 per cent to a total of 35 million, which makes the region the fourth most visited in the world, surpassing for the first time the volume of Africa (estimated to have received 33 per cent million arrivals in 2004).

<Back to top> 

© Copyright 2001: Indian Express Newspapers (Bombay) Limited (Mumbai, India). All rights reserved throughout the world. This entire site is compiled in Mumbai by the Business Publications Division (BPD) of the Indian Express Newspapers (Bombay) Limited. Site managed by BPD.