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Travel and Tourism Industry: Difference between revisions
Travel and Tourism Industry (view source)
Revision as of 19:40, 25 September 2023
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=== September 2023 === | === September 2023 === | ||
[[File:Screenshot 2023-09-25 132614.png|center|thumb|475x475px|<ref>https://tourismanalytics.com/uploads/1/2/0/4/120443739/unwto_tourism_barometer_september_2023.pdf</ref>]] | |||
* An estimated 700 million tourists travelled internationally between January and July 2023, about 43% more than in the same months of 2022, though 16% fewer than in 2019. Europe welcomed 375 million of those travellers, 54% of the world total. | |||
* After reaching 80% in Q1 2023, international tourist arrivals hit 85% of pre-pandemic levels in Q2 2023 and 90% in July 2023, backed by continued pent-up demand. | |||
* By regions, the Middle East saw the best results in January-July 2023, with arrivals exceeding by 20% pre-pandemic levels. Europe, the world’s largest destination region, reached 91% of pre-pandemic levels, supported by robust intra-regional demand. | |||
* Both international air capacity and passenger demand recovered about 84% of pre-pandemic levels through June 2023 (IATA). Hotel bookings doubled in January-August 2023 compared to the same period last year (Sojern). Global occupancy rates in accommodation establishments reached 70% in August, slightly above the 66% rate in August 2022 (based on STR data). | |||
* The challenging economic environment could weigh on spending patterns over the remainder of the year, with tourists increasingly seeking value for money, travelling closer to home and making shorter trips. | |||
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! rowspan="3" |Region<ref>https://tourismanalytics.com/uploads/1/2/0/4/120443739/unwto_tourism_barometer_september_2023.pdf</ref> | ! rowspan="3" |Region<ref>https://tourismanalytics.com/uploads/1/2/0/4/120443739/unwto_tourism_barometer_september_2023.pdf</ref> | ||
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* Some 58% of UNWTO Panel experts believe international tourism will not return to 2019 levels this year, of which 37% point to 2024 and 21% to 2025 or later. Yet, this share has decreased slightly compared to the May survey (61%) showing that a larger number of destinations has achieved pre-pandemic levels (27% compared to 11% in May). | * Some 58% of UNWTO Panel experts believe international tourism will not return to 2019 levels this year, of which 37% point to 2024 and 21% to 2025 or later. Yet, this share has decreased slightly compared to the May survey (61%) showing that a larger number of destinations has achieved pre-pandemic levels (27% compared to 11% in May). | ||
* International tourism is expected to continue to recover through December 2023 driven by remaining pent-up demand and increased air connectivity, though at a more moderate pace following the summer peak travel season. | * International tourism is expected to continue to recover through December 2023 driven by remaining pent-up demand and increased air connectivity, though at a more moderate pace following the summer peak travel season. | ||
* Results show international tourism remains well on track to reach 80% to 95% of pre-pandemic levels in 2023 as projected by UNWTO in the January 2023 World Tourism Barometer. | |||
=== May 2023 === | === May 2023 === | ||