Tuesday, March 30, 2010

Growth for Asia Pacific region?

International visitor arrivals to Asia Pacific destinations forecast to grow at an average rate of 2.7% per annum over the next three years

The Executive Board of the Pacific Asia Travel Association (PATA) today released its forecasts of tourism demand across the Asia Pacific region for the next three years. At the aggregate level, international arrival numbers are predicted to increase by an average of around +2.7 percent each year to 2012. Not surprisingly, these forecasts show a significant slowing in growth rates from the pre-financial crisis level of seven percent per annum.

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