TOURISM INDIA MARCH 2019 TOURISM INDIA FEBRUARY 2019 | Page 12

N E W S / I N T E R NAT I O NA L
ASIA PACIFIC PREDICTS
900 MILLION INTERNATIONAL
VISITORS IN 2023
T
AVERAGE GROWTH
RATE FOR FOREIGN
VISITOR ARRIVALS
IN ASIA WILL BE 6.2
PERCENT BETWEEN
2018 AND 2023
10
Tourism India February 2019
he overall annual growth rate
for international visitors into
40 Asia Pacific destinations
is estimated to have been around 7.8
percent in 2018, generating an inbound
volume of around 688 million for the
year – almost 50 million more foreign
arrivals than in 2017.
According to the Executive Summary
of the Pacific Asia Travel Association
(PATA) ‘Asia Pacific Visitor Forecasts
2019-2023’ released recently, 40
destinations within Asia Pacific
collectively are predicted to show an
average growth rate of 5.5 percent per
annum between 2018 and 2023, to
host close to 900 million foreign visitor
arrivals in 2023.
Asia will continue its strong growth
momentum with an expected annual
average growth rate for foreign visitor
arrivals of 6.2 percent between 2018
and 2023, while the Pacific and the
Americas follow with average growth
rates of 4.4 percent and 3.1 percent per
year respectively, over the same period.
Driven by its strong average annual
growth rate, Asia will receive the bulk
of the foreign arrivals between 2018
and 2023. After capturing a relative