Between 2018 and 2023, the Asia Pacific region is expected to enjoy a steady average increase in international visitor arrivals (IVAs) per year and with this growth, the IVAs are predicted to reach a record high of almost 900 million by 2023.1
Taken across all origin markets, seven of the top ten forecast listing (by IVA volume in 2023) are expected to be from Asia and the other three will be from the Americas. These top ten origin markets will represent approximately 62% of the total IVAs into Asia Pacific in 2023.
Foreign inbound arrivals into Asia Pacific in 2023 will continue to be dominated by arrivals from Greater China. Flow from China, Chinese Taipei, Hong Kong SAR, and Macao, China will together account for almost 40% of the expected volume in that year.
These are some of the key highlights of the latest edition of the Asia Pacific Visitor Forecasts covering the period of 2019 to 2023.
PATA’s Asia Pacific Visitor Forecasts provides a reliable forecasting system that predicts arrivals, visitor receipts and departures across the Asia Pacific region to help destinations effectively develop strategies to maintain competitive edge.
Driven by proprietary travel forecasting model of the Forecasting Unit of The Hong Kong Polytechnic University, this annual forecast allows tourism industry stakeholders to review the industry’s performance and consider the prospects for the coming year and beyond.
This report is due for release in February 2019 and is available for pre-order now at the PATA Store.
View more details here.
1 - The Asia Pacific region is expected to enjoy a steady 5.5% average increase in international visitor arrivals (IVAs) per year.
