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
- Phone, Wallet Stolen Abroad? Knowing These Steps Can Save Your Trip
- Travelling Abroad from India? Know How Much Foreign Currency You Can Carry
- Air India teams up with IHG, offers Maharaja Club Members reward points on hotel bookings
- Fujifilm’s new 609mm-equivalent lens brings serious long-range reach without the usual weight
- Google’s AI mode is becoming your travel agent—Here’s what it can now do
- Littering on trains to cost more? Railways doubles fine to Rs 1,000 — check other penalties
- Dubai Airport traffic crashes 31% in H1 amid US-Iran conflict
- Bali Backlash: Swiss Tourist Jailed After 'Crazy' Video Mocks Hindu Nyepi Holiday
- London’s Thames to witness Ganga Aarti: Here’s what’s happening on September 13
- Going to Sri Lanka? This new UPI perk could make your rides cheaper
IndiGo has announced a new daily nonstop service between Mumbai and Hanoi, beginning October 25, 2026. The new route will expand the airline’s international network and improve connectivity with Vietnam’s capital, giving passengers more options and flexibility for travel between India and Vietnam.
Aviation major Emirates is taking its award-winning Premium Economy experience a step further with the launch of what it describes as the world’s first electrically powered Premium Economy seat, featuring a full-height adjustable privacy screen between every seat.
Air India and Drukair, Royal Bhutan Airlines, have entered into an interline partnership to enhance travel convenience and strengthen network connectivity between India, Bhutan, and destinations beyond.
