28 Jan 2015, 03:07 pm
“Over the past years, tourism has proven to be a surprisingly strong and resilient economic activity and a fundamental contributor to the economic recovery by generating billions of dollars in exports and creating millions of jobs, said UNWTO Secretary-General Taleb Rifai at the opening of the Spain Global Tourism Forum in Madrid.
He added: “This has been true for destinations all around the world, but particularly for Europe, as the region struggles to consolidate its way out of one of the worst economic periods in its history,”
According to the latest UNWTO figures, the Americas (+7 per cent) and Asia and the Pacific (+5 per cent) regions registered the strongest growth, while Europe (+4 per cent), the Middle East (+4 per cent) and Africa (+2 per cent) grew at a slightly more modest pace.
By subregion, North America (+8 per cent) saw the best results, followed by North-East Asia, South Asia, Southern and Mediterranean Europe, Northern Europe and the Caribbean, all increasing by 7 per cent.
The outlook remains positive for 2015, as confirmed by the UNWTO Confidence Index. According to the 300 experts consulted worldwide, tourism performance is expected to improve this year, though expectations are less upbeat than a year ago. UNWTO forecasts international tourist arrivals to grow up to 4 per cent this year. And by region, growth is expected to be stronger in Asia and the Pacific and the Americas, followed by Europe. Arrivals are also expected to increase in Africa and the Middle East.
“We expect demand to continue growing in 2015 as the global economic situation improves, even though there are still plenty of challenges ahead. On the positive side, oil prices have declined to a level not seen since 2009. This will lower transport costs and boost economic growth by lifting purchasing power and private demand in oil importing economies. Yet, it could also negatively impact some of the oil exporting countries which have emerged as strong tourism source markets,” added Mr Rifai.
Photo: UNWTO
- Tourists may soon check into a Moon hotel for a $1 million stay
- Why Your Hawaii Stay May Cost More After the Latest Tax Hike
- Tomorrowland Comes to Thailand with Its First Historic Asia Festival
- New Year, New Ride: PM Modi to launch first Vande Bharat Sleeper Train this month
- History's Most Dramatic Stories Are Buried in Washington D.C.-Here's Where to Find Them
- How a Winter Train Ride in Northern Norway Brings Travellers Closer to the Arctic Sky
- Ready for India’s first nature-themed airport terminal in Guwahati? PM Modi shares first glimpse
- Free shows, fireworks & all-night parties: Why Berlin is the place to be this New Year’s Eve
- This new luxury Sleeper Bus in Europe lets you fall asleep in one country and wake up in another
- Guess which tranquil, beautiful Kerala village Anand Mahindra stopped by!
Indian airline major Air India today announced a significant enhancement to its popular Mumbai-Frankfurt route, with the deployment of its newly delivered, first line-fit (or made-for-Air India)
Saudia, the national flag carrier of Saudi Arabia, and Air India, India’s leading global airline, have signed a codeshare agreement that will take effect in February.
Air India and Saudi Arabia’s flag carrier Saudia will begin a new codeshare partnership from February, allowing both airlines to offer expanded route options and smoother connections for passengers travelling between the two countries.
