Reports & Surveys

Pulling from Tourism Economics’ global top 20 for Mainland China outbound travel, STR analyzed 14 markets for a six-week period beginning with 6 January and ending with 16 February.

From Brazil to Bali, South Africa to Greece, the wish listed homes are diverse and geographically spread.

Turkey, Thailand, Jordan, Costa Rica and Mexico revealed as some of the leading emerging economies for medical tourism inbound spending.

Many firms accord employees considerable autonomy to book travel, but 40% report a significant increase in corporate travel costs as a result.

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.

In percentage increase terms between 2017 and 2018, Asia had the strongest annual increase at 8.7%, followed by the Pacific at four percent and the Americas at 3.5%.

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 27.5% international visitor expenditure growth compared with State-wide growth of 5.5% to $6billion, which was also a record for Queensland tourism.