BANGKOK, March 6, 2015 — International Visitor Arrivals to Asia Pacific destinations will continue their growth momentum over the next five years, according to the Pacific Asia Travel Association (PATA) Visitor Arrivals Forecasts for the period 2015 to 2019.
Preliminary estimates indicate that the rate of growth over that period will average between five and six percent per annum to generate an aggregate inbound count of more than 670 million by the end of 2019.
PATA CEO Mario Hardy said, “According to the PATA Visitor Arrivals Forecasts, 38 destinations in the period 2015 to 2019 will see more than 158 million additional international visitor arrivals. Asia as a destination region will grow faster at between six and seven percent over that period and receive in excess of half a billion foreign visitors by the end of the forecast period.”
Asia will not only benefit from this increased travel volume, but also will be a major generator of that demand both within the Asia region and well beyond. European source markets will also remain valuable to the Asia Pacific region and are expected to generate close to 50 million arrivals into the region annually by 2019.
“These forecasts provide a valuable quantification of the expected future trends of travel demand for the Asia Pacific and allow for risk assessments to be made well ahead of the curve. With past forecasts coming to within two percent of actual performance at the Asia Pacific level, we believe that they provide a valid and accurate tool for today’s marketers, planners and strategists as they face the volatile challenges in today’s global tourism marketplace, ” added Mr Hardy.
The PATA Asia Pacific Visitor Forecasts 2015-2019 are a joint production of the Tourism Forecasting Unit within the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University (PolyU) and PATA, and provide detailed projections for individual source and generating markets at both quarterly and annual levels over the same period, along with a number of other metrics including tourism receipts and where data availability permits, departures predictions.
For more details about the availability of these forecasts please contact the Strategic Intelligence Centre at sic@PATA.org.
Founded in 1951, the Pacific Asia Travel Association (PATA) is a not-for profit association that is internationally acclaimed for acting as a catalyst for the responsible development of travel and tourism to, from and within the Asia Pacific region. The Association provides aligned advocacy, insightful research and innovative events to its member organisations, comprising 87 government, state and city tourism bodies, nearly 31 international airlines, airports and cruise lines, 61 educational institutions, and hundreds of travel industry companies in Asia Pacific and beyond. Thousands of travel professionals belong to the 43 local PATA chapters worldwide. The chapters organise travel industry training and business development events. Their grassroots activism underpins PATA’s membership of the Global Travel Association Coalition (GTAC), which includes ACI, CLIA, IATA, ICAO, WEF, UNWTO and the WTTC. The PATAmPOWER platform delivers unrivalled data, forecasts and insights from the PATA Strategic Intelligence Centre to members’ desktops and mobile devices anywhere in the world. PATA’s Head Office has been in Bangkok since 1998. The Association also has official offices or representation in Beijing, Sydney, Dubai, and London. Visit www.PATA.org.
About School of Hotel and Tourism Management, PolyU
PolyU’s School of Hotel and Tourism Management is a world-leading provider of hospitality and tourism education. It was ranked No. 2 internationally among hotel and tourism schools based on research and scholarship, according to a study published in the Journal of Hospitality and Tourism Research in November 2009.
With 65 academic staff drawing from 20 countries and regions, the School offers programme at levels ranging from Higher Diploma to Ph.D. Currently a member of the UNWTO Knowledge Network, the School was bestowed the McCool Breakthrough Award in 2012 by the International Council on Hotel, Restaurant, and Institutional Education (I-CHRIE) recognising its breakthrough in the form of its teaching and research hotel – Hotel ICON – the heart of the School’s innovative approach to hospitality and tourism education.
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