Data from Amadeus & UN Tourism joint report shows strong growth, especially in the Caribbean and Central America Demand for travel to destinations across the Americas is on the rise, a new report released by Amadeus in collaboration with UN Tourism shows. "Travel Insights 2024: Focus on the Americas, May to August 2024," is the second in a series of reports providing insights into global tourism with a focus on the Americas and its subregions, North America, South America, Central America, and the Caribbean. UN Tourism data shows that an estimated 1.3 billion international tourists were recorded around the world in 2023, an increase of 34% on 2022 volumes, and forward-looking data for 2024 suggests that demand will continue to stay strong. International tourist arrivals...
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The International Air Transport Association (IATA) has released data for March 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPKs), was up 13.8% compared to March 2023. Total capacity, measured in available seat kilometers (ASK), was up 12.3% year-on-year. The March load factor was 82.0% (+1.0ppt compared to March 2023). International demand rose 18.9% compared to March 2023; capacity was up 18.8% year-on-year and the load factor improved to 81.6% (+0.1ppt on March 2023). Domestic demand rose 6.6% compared to March 2023; capacity was up 3.4% year-on-year and the load factor was 82.6% (+2.5ppt compared to March 2023). “Demand for travel is strong. And there is every indication that this should continue in...
Read MoreThe International Air Transport Association (IATA) has announced that the recovery in air travel continued in December 2023 and total 2023 traffic edged even closer to matching pre-pandemic demand. • Total traffic in 2023 (measured in revenue passenger kilometers or RPKs) rose 36.9% compared to 2022. Globally, full year 2023 traffic was at 94.1% of pre-pandemic (2019) levels. December 2023 total traffic rose 25.3% compared to December 2022 and reached 97.5% of the December 2019 level. Fourth quarter traffic was at 98.2% of 2019, reflecting the strong recovery towards the end of the year. • International traffic in 2023 climbed 41.6% versus 2022 and reached 88.6% of 2019 levels. December 2023 international traffic climbed 24.2% over December 2022, reaching 94.7% of the level in Decem...
Read MoreFollowing a strong 2023, international tourism is well on track to return to pre-pandemic levels in 2024 According to the first UNWTO World Tourism Barometer of the year, international tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals. The unleashing of remaining pent-up demand, increased air connectivity, and a stronger recovery of Asian markets and destinations, are expected to underpin a full recovery by the end of 2024. Middle East, Europe and Africa performed strongest in 2023 The latest UNWTO World Tourism Barometer provides a comprehensive overview of the sector's performance in 2023, tracking recovery by global region, sub-region and destination. Key takeaways include: 1. The ...
Read MoreThe International Air Transport Association (IATA) released data for November 2023 air travel performance indicating that air travel demand topped 99% of 2019 levels. Total traffic in November 2023 (measured in revenue passenger kilometers or RPKs) rose 29.7% compared to November 2022. Globally, traffic is now at 99.1% of November 2019 levels. International traffic rose 26.4% versus November 2022. The Asia-Pacific region continued to report the strongest year-over-year results (+63.8%) with all regions showing improvement compared to the prior year. November 2023 international RPKs reached 94.5% of November 2019 levels. Domestic traffic for November 2023 was up 34.8% compared to November 2022. Total November 2023 domestic traffic was 6.7% above the November 2019 level. Growth...
Read MoreInternational tourism is well on its way to returning to pre-pandemic levels, with twice as many people travelling during the first quarter of 2023 than in the same period of 2022. What we've learned The second UNWTO World Tourism Barometer of the year shows that the sector's swift recovery has continued into 2023. It shows that: Overall, international arrivals reached 80% of pre-pandemic levels in the first quarter of 2023 An estimated 235 million tourists travelled internationally in the first three months, more than double the same period of 2022. Tourism has continued to show its resilience. Revised data for 2022 shows over 960 million tourists travelling internationally last year, meaning two-thirds (66%) of pre-pandemic numbers were recovered. Recovery by Reg...
Read MoreOvercomes lengthy travel restrictions by boosting domestic travel # UK sees biggest drop in the global rankings # China and Germany hold onto second and third position The latest World Travel & Tourism Council’s (WTTC) Economic Trends Report reveals the U.S. remains the world’s biggest and most powerful Travel & Tourism market. Its top ranking was reaffirmed, despite suffering long and damaging travel restrictions which did little to halt the spread of COVID-19 and only resulted in serious economic losses. However, while its number one position was retained, the U.S. Travel & Tourism sector’s contribution to the nation’s economy fell by US$700 billion in 2019, to just under US$1.3 trillion last year. Research by Oxford Economics for WTTC shows there has...
Read MoreWith an average expenditure of $2,177 per outbound tourist, Brazil was the seventh highest spending outbound market globally in 2021. This is forecasted to increase to $2,325 by 2025, to become the sixth highest behind Australia, the US, Iceland, Singapore and Mauritius, found GlobalData. The leading data and analytics company notes that the Brazilian market’s high average overseas expenditure, coupled with the fact that affordability and accessibility are not the primary factors influencing destination choice, means there is significant scope to attract these tourists to long-haul or luxury destinations. FILE PHOTO: A member of Beija-Flor samba school performs on a float during the second night of the 2020 Carnival parade at the Sambadrome in Rio de Janeiro, Brazil February 25, 2020. ...
Read MoreGlobal 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...
Read MoreGlobalData says, COVID-19 is accelerating digitization COVID-19 has accelerated the need for companies within the travel and tourism industry to rapidly invest in digital strategies including the global online travel market which is expected to grow at a compound annual growth rate (CAGR) of 8% to reach $765.3 billion between 2022 and 2025, according to GlobalData. The leading data and analytics company notes that due to more consumers shifting to e-commerce, if players fail to invest in a robust digital strategy, they will allow their competitors to take a greater share of the market. FILE PHOTO: A man rides a horse at Cha-Am Beach, amid the coranavirus disease (COVID-19) outbreak, in Phetchaburi province, Thailand, December 25, 2021. REUTERS/Athit Perawongmetha GlobalData’s lat...
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