ASEAN – आवारा मुसाफिर

International arrivals to ASEAN to reach 142 million in 2024

March 28, 20221014 Views

Global arrivals to the Association of Southeast Asian Nations (ASEAN) are expected to grow from 136.9 million in 2019 to 142 million in 2024, driven by the region’s rich heritage and natural attractions, improved tourist facilities, affordable connectivity, rising consumer class and geographic proximity to China and India, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘ASEAN Destination Tourism Insight Report including International Arrivals, Domestic Trips, Key Source / Origin Markets, Trends, Tourist Profiles, Spend Analysis, Key Infrastructure Projects and Attractions, Risks and Future Opportunities, 2022 Update’ reveals that the ASEAN region boomed as a destination prior to the COVID-19 pandemic. Inbound arrivals to the 10 ASEAN member coun...

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Intra-regional tourism crucial for ASEAN tourism revival

AWARA MUSAFIR BUREAU

March 26, 20211138 Views

Due to an abundance of low-cost connectivity and an increased preference for travel closer to home, the intra-regional tourism will play a key role in revitalizing the ASEAN countries’ tourism economies, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Tourism Destination Market Insight- ASEAN (2021)’, reveals that in 2019, 44.3 million tourists traveled between the ASEAN countries. The intra-ASEAN travel is expected to grow at a compound annual growth rate (CAGR) of 5% from 2019 to 2024 and reach 56.6 million by 2024. Given the high level of growth, intra-regional travel could be key to the region’s recovery from the impact of COVID-19. The virus caused an 36.9% year-over-year decrease in intra-regional travel in 2020 to a low of 27.9 million arrival...