Free Newsletters - Space News - Defense Alert - Environment Report - Energy Monitor
. Space Travel News .




SPACE TRAVEL
China, Asia-Pacific, will power world tourism: survey
by Staff Writers
Madrid (AFP) April 02, 2014


The Asia-Pacific region, led by China, will be the main force driving world tourism in the next 10 years, a consultancy survey forecast on Wednesday.

The tourism industry as a whole will grow faster than overall economic activity, the survey estimated.

"The major trend is the continued growth in Asia, that is really driving the global travel industry forward," economist Andrew Tessler at Oxford Economics which published the survey, told AFP.

"Overall, globally, the industry is growing faster than GDP (gross domestic product), at least in the forecast years up to 2023," he said.

The survey was carried out for the biggest travel booking company, Madrid-based Amadeus, and Tessler said that two big factors in the sector were the rise of low-cost service providers and increasing use of mobile phones to organise and book travel arrangements.

The study estimated that the number of tourists would rise by 5.4 percent a year in the next 10 years. This would be higher than the expected rate of economic growth, put at 3.4 percent.

In terms of tourism activity, in Europe and North America "there will be a gradual recovery, a slow recovery from the effects of recession," the survey said.

Europe's share of the market would fall, but Europe "will still be the largest recipient of tourism flows."

The world tourism industry went through the worst business conditions for 60 years in 2009 under the impact of the global financial crisis, according to the World Tourism Organization which says that the number of tourists arriving somewhere had fallen by 3.8 percent in that year.

In 2010, the figure rallied by 6.6 percent, and since then by 4.0-5.0 percent a year, to exceed 1.0 billion.

The biggest growth of tourism last year occurred in the Asia-Pacific region where it grew by 6.0 percent, the WTO data show.

Tessler said that "really a lot of the global growth is still going to be driven by Asia."

He added: "We expect that China will become the largest outbound travel market this year and the biggest domestic market by 2017."

Although the share of the market accounted for by Europe would decline, Europe "will still be the largest recipient of tourism flows," he said.

ka/hd/rl

AMADEUS IT HOLDING SA

.


Related Links
Space Tourism, Space Transport and Space Exploration News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





SPACE TRAVEL
First space tourists to fly around Mars and Venus in 2021
Moscow (Voice of Russia) Mar 13, 2014
American congressmen seem to be seriously interested in the idea of a space expedition in the course of which the spaceship will make flies around Venus and Mars. Several days ago, the Congress's Committee of Science asked NASA to estimate the possibility of realization of such a flight (it is supposed that NASA would also take part in it). It is expected that the flight will start in November 2 ... read more


SPACE TRAVEL
Arianespace's seventh Soyuz mission from French Guiana is readied for liftoff next week

NASA Seeks Suborbital Flight Proposals

Arianespace Launches ASTRA 5B and Amazonas 4A

SpaceX Launch to the ISS Reset for March 30

SPACE TRAVEL
Mars One building simulated colony to vet potential colonists

Cleaner NASA Rover Sees Its Shadow in Martian Spring

Mars-mimicking chamber explores habitability of other planets

Helpful Wind Cleans Solar Panels On Opportunity Mars Rover

SPACE TRAVEL
Unique camera from NASA's moon missions sold at auction

Expeditions to the Moon: beware of meteorites

A Wet Moon

ASU camera creates stunning mosaic of moon's polar region

SPACE TRAVEL
Dwarf planet 'Biden' identified in an unlikely region of our solar system

Planet X myth debunked

WISE Finds Thousands Of New Stars But No Planet X

New Horizons Reaches the Final 4 AU

SPACE TRAVEL
Lick's Automated Planet Finder: First robotic telescope for planet hunters

Space Sunflower May Help Snap Pictures of Planets

NRL Researchers Detect Water Around a Hot Jupiter

UK joins the planet hunt with Europe's PLATO mission

SPACE TRAVEL
Advancing the Technology Readiness Of SLS Adaptive Controls

Airbus Defence and Space to cooperate with Snecma on electric propulsion

Boeing on Schedule to Deliver World's First All-Electric Satellites

Europe's IXV atmospheric reentry demonstrator ready for final tests

SPACE TRAVEL
Tiangong's New Mission

"Space Odyssey": China's aspiration in future space exploration

China to launch first "space shuttle bus" this year

China expects to launch cargo ship into space around 2016

SPACE TRAVEL
Cosmic collision creates mini-planet with rings

Hubble Space Telescope Spots Mars-Bound Comet Sprout Multiple Jets

Comet lander awakes from long hibernation

First Ring System Around Asteroid




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.