International Tourist Arrivals to Grow 3 to 4 Percent in 2019

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Nepalayatimes
Spain –UNWTO has forcasted International Tourist Arrivals 2019 to grow 3% to 4% next year, more in line with historic growth trends. is assumed on the based on current trends, economic prospects, and the UNWTO Confidence Index.

International Tourist Arrivals to Grow 3 to 4 Percent in 2019

As a general backdrop, the stability of fuel prices tends to translate into affordable air travel while air connectivity continues to improve in many destinations, facilitating the diversification of source markets. Trends also show strong outbound travel from emerging markets, especially India and Russia but also from smaller Asian and Arab source markets.

At the same time, the global economic slowdown, the uncertainty related to the Brexit, as well as geopolitical and trade tensions may prompt a “wait and see” attitude among investors and travellers.

Overall, 2019 is expected to see the consolidation among consumers of emerging trends such as the quest for ‘travel to change and to show’, ‘the pursuit of healthy options’ such as walking, wellness and sports tourism, ‘multigenerational travel’ as a result of demographic changes and more responsible travel.

“Digitalisation, new business models, more affordable travel and societal changes are expected to continue shaping our sector, so both destination and companies need to adapt if they want to remain competitive”, added Pololikashvili.