Bright Horizons: Navigating Tourism's Growth Revival
■ South Asia
47%
World
Middle East
Europe
Recovered ■Pending
Africa
Americas
Asia Pacific
2019
2022
10%
12%
20%
100%
90%
88%
14%
86%
46%
■ North-East Asia
38%
5%
19%
80%
28%
■South-East Asia
9%
54%
■ Oceania
7%
47%
Asia and Pacific tourism arrivals halfway to 2019 levels, while Middle-East fully
recovers in 1Q2023
-73%
2020
-72%
2021
9%
7%
Inbound Outbond
2022
6
Source: UNWTO, Statista
Travel Sentiment (Net score)
South Asia's market share in the Asia Pacific region surged from 9% in
2019 to 28% in 2022, marking the fastest tourism revival
Jan-20
Apr-20
40
+
20
1
! 16%
16%
24%
24% T
|
I
-20
J
-40
I
|
I
-60
I
T
I
T
|
I
2023E
2024E
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Apr-22
Occupancy Rates (%)
Jul-22
Oct-22
Jan-23
Global Tourism Resurgence- at a glance
Global inbound and outbound tourism experienced a notable resurgence in 2022,
and anticipated to grow further
115% 118% I
I
Pent up demand for travel has driven occupancy ratios close to pre-
pandemic levels
60
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Apr-23
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