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
- Air India reveals more upgraded products on several routes ahead of New Year
- Indian Embassy, Nepal Tourism host tourism event to promote Mahakumbh 2025
- Thailand announces E-Visa facility for Indians from New Year, check all details
- India's blue city Jodhpur turns a rainbow leaf with Rajasthan's first LGBTQ-run cafe
- Air Indian Express commences daily flights between Kolkata and Port Blair
- Jumeirah Carlton Tower in London invites guests to immerse in Christmas spirit
- 6 Factors to Consider While Choosing the Best Travel Insurance Online
- Srirangam Homestay: A harmonious blend of art, culture, and comfort in Shantiniketan
- White beluga whale Hvaldimir, dubbed 'Russian Spy', found dead off Norwegian coast
- Uzbekistan's historic city of Samarkand will host the UNESCO General Assembly 2025
Indian airline IndiGo has announced the launch of daily direct flights connecting Bengaluru, Karnataka with Ayodhya, Uttar Pradesh, effective from December 31, 2024.
Jazeera Airways, Kuwait’s leading low-cost carrier, is offering 50% off on fares to all destinations across its network from July 28 to 31.
New Delhi : Air India Express, a subsidiary of Air India and a part of the Tata group, has launched its "Time to Travel" sale on the airline’s website, airindiaexpress.com, the Air India Express mobile app and other major booking channels.