Executive Summary: Asia Pacific Visitor Forecast 2017-2021

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BANGKOK, May 2, 2017 — The Executive Summary of PATA’s Asia Pacific Visitor Forecasts 2017-2021 for 39 destinations within Asia Pacific reveals powerful economic figures on the fastest-growing tourism region in the world – now available at the PATA Store.


Key Insights for Asia Pacific Visitor Forecasts 2017-2021

Annual growth in international visitor arrivals to Asia Pacific expected to reach six percent in 2017 and continue at five percent per annum to 2021.


The aggregate annual growth rate in 2017 is likely to be just under six percent. This will generate an inbound volume of more than 630 million for the year – around 35 million more arrivals than in 2016. Close to 65 percent of these arrivals in 2017 will come from Asian source markets, followed by the Americas (17%) and Europe (11%) while in 2021 those ratios will climb to 68 percent for arrivals from Asia and fall to just over 15 percent from the Americas and 10 percent from Europe.

Close to 65 percent of these arrivals in 2017 will come from Asian source markets, followed by the Americas (17%) and Europe (11%) while in 2021 those ratios will climb to 68 percent for arrivals from Asia and fall to just over 15 percent from the Americas and 10 percent from Europe.This strong growth rate is expected to continue over the medium-term with an average annual rate of growth of five per cent in the years between 2016 and 2021.

This strong growth rate is expected to continue over the medium-term with an average annual rate of growth of five percent in the years between 2016 and 2021.The origins of these arrivals into Asia Pacific show a wide variability but with some of the major volumes out of each of the global origin regions in 2017 and 2021 coming from the following sub-regions.

The origins of these arrivals into Asia Pacific show a wide variability but with some of the major volumes out of each of the global origin regions in 2017 and 2021 coming from the following sub-regions.

By the end of 2021 the 39 Asia Pacific destinations, as covered in this report, are predicted to host an aggregate volume of almost 760 million foreign visitors.

Asia will welcome three-quarters of that volume in 2021 with the Americas seeing close to 21 percent and the Pacific close to four percent. The dominance of Asia is not surprising, given that the fastest growing destination sub-regions between 2016 and 2021 are all Asian with South Asia growing at an average of 7.5 percent per annum, Southeast Asia at 6.6 percent per annum and Northeast Asia at 5.5 percent per annum.

“While the numbers themselves remain bullish for Asia Pacific over the next five years we must ensure that our commitment to delivering a continually improving service to those visitors remains foremost in our minds. Profitability from this growth in visitor arrivals must cover the stakeholders, local citizenry and of course the visitors themselves. It must be measured in terms other than just financial and also include elements covering social, environmental and cultural benefits. Our industry is all about delivering lasting and positive memories and it is our obligation to ensure that we do just that to both the visitors to the Asia Pacific region and the residents who call it home.”  – PATA CEO Dr. Mario Hardy

Notes:
IVAs – international visitor arrivals
mns – millions

Find out more here. For inquiries, email sic@PATA.org

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About PATA’s Strategic Intelligence Center (SIC)

PATA’s Strategic Intelligence Center provides actionable research and data to the Association’s members on the latest issues and trends shaping our industry in the Asia Pacific region. Each year the SIC team, in partnership with external consultants and analysts, produces a suite of statistical/research-based reports and any analytical publications for our members’ use.