Bright Horizons: Navigating Tourism's Growth Revival slide image

Bright Horizons: Navigating Tourism's Growth Revival

Global Tourism Resurgence- Asia and Pacific Region Top 5 tourist destination - South Asia Top 5 tourist destination - South-East Asia India Sri Lanka Maldives Nepal Bangladesh Thailand Maldives stood out as the only South Asian country to achieve robust growth in tourism, nearly reaching pre- pandemic levels in 2022. Singapore Vietnam 0.0 2.0 4.0 6.0 8.0 10.0 12.0 Arrivals Mn ■2019 2022 China United States Germany United Kingdom France Russia Australia Canada Italy Spain International Tourism Expenditure 2019 Vs 2022 (USD Bn) ■2019 ■2022 First Capital A Janashakthi Group Company Indonesia South-East Asia account for nearly 46.0% of the visitors to Asia Pacific in 2022 despite the internal travel restrictions that persisted during the year. Moreover, compared to global peers, Asia's travel and tourism sector appears better positioned to weather. Philippines 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0 Arrivals Mn 2019 2022 0.0 50.0 100.0 150.0 200.0 250.0 300.0 China stands out as the sole Asian country to not only appear in the top rankings for outbound travel expenditure but also to lead the list. Despite the travel restrictions imposed during the pandemic, China remains one of the largest spenders among arrivals in 2022. Sri Lanka's list of the top 10 source markets for 2022 includes seven of the world's top 10 spending source markets. Sri Lanka accounted for around 0.11% of China's outbound travelers in 2019 despite China being one of the largest source market for Sri Lanka. Source: UNWTO 7
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