Tourism to Bring $110 Billion to Asia Pacific by 2009

Tourism should bring the Asia Pacific region $110 billion in revenues over the next three years, with much of that coming from travelers in the region, according according to the report from the Pacific Asia Travel Association or PATA, reports AP.

China is expected to lead the way with $36 billion in tourist dollars, followed by Thailand at $13 billion, Malaysia with about $11 billion and South Korea with $7 billion, according to the report. 

"One of the fastest growing regions in the world, Asia Pacific stimulates some 60% of global tourism demand," said John Koldowski, director of PATA's Strategic Intelligence Center. PATA expects the arrivals growth averaging around 6% per year to 2009.

  • Hong Kong traffic into Japan is expected to grow by 17% over the forecast period
  • Chinese tourists to Singapore are expected to rise by 16%.
  • Indian tourists going China is expected to jump 15% 
  • American and Canadian tourists to China are projected to rise by 13%.

Previous: « Gartner Says 80% of Active Internet Users Will Have A Second LifeĀ 

Next : » Online Clothing Sales Surpass Computers for the First Time; To Hit $22.1B in 2007

  ABOUT    CONTACT Metrics 2.0 RSS Feeds RSS   Metrics 2.0 Widgets for your site or blog WIDGETS   ARCHIVES

Enter Email for Daily Feed Delivery:

Essential Business Books