Statistics & Trends

Looking to the future, there is no sign that things will improve. Forward bookings for travel to Hong Kong from mainland China between 24th September to 30th December are currently 58.2% behind where they were at the equivalent moment in 2018.

In Thailand, emerging destinations across the country are increasingly appealing to both domestic and international travellers.

Elsewhere in Asia-Pacific, a number of airports reported solid growth due to sizeable increase in visitors during the summer holiday period.

Air cargo continues to face strong headwinds from the intensifying trade war between the US and China, as well as weakness in some of the key economic indicators and rising political uncertainties worldwide. Global trade volumes are 1% lower than a year ago.

The first in the line of affordable co-living hotels is fully operational in Chinatown, conveniently located in the heart of one of Singapore’s most famous heritage areas.

Despite the growth of technologies that make virtual meetings possible, business travel spend in the region is still predicted to double between 2020 to 2025, with the region forecast to eventually account for half of the world’s total spend.

Cross Hotels and Resorts has continued to post favorable results with consolidated hotel revenue increasing by 80% and its operating portfolio of hotels and resorts registering a 39% rise.

The rising disposable income with middle class families and the growing perception among Indians that their social status will be elevated while traveling to fashionable cities in the Middle East will continue this growth trend for years to come.

Aditi Dutta Chowdhury, Economic Research Analyst at GlobalData, comments: “Visitors from China and European countries are driving the growth of international arrivals to Asian cities."

To achieve such goals PATA understands the need to partner with both the public and private sector and invites all tourism stakeholders to embrace the wellbeing of the planet and together contribute to the achievement of the SDGs under PATA’s vision for 2020: ‘Partnerships for Tomorrow’.