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Monday, 05-01-2009    Issue 503    Skip Navigation Links
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Outlook

Emerging Tourism Markets: The Coming Economic Boom

Thursday, 03/07/2008

With international travelers projected to almost double by 2020, the most significant increases are expected to take place in markets like China, India and destinations in South-East Asia. The Gulf States and emerging Eastern Europe complete this picture, followed by the Latin American and finally African markets.

Many of these are becoming important outbound markets, backed by growing middle classes on the one hand, and liberalizing policies promoting mobility on the other. Chinese tourists already spent about $ 30 billion abroad in 2007, according to UNWTO figures.

The domestic travel potential of emerging markets –in 2006 China registered 1.6 billion trips and India 461 million- is a further proof of their long term importance for international tourism.

Between 1996 and 2006, international tourism in developing countries expanded by 6 percent as a whole, by 9 percent for Least Developed Countries, and 8 percent for other low and lower-middle income economies. Against this backdrop, the sector will be more and more recognized as a key agent in national poverty reduction strategies and in development financing.

Addressing the UK Tourism Society Conference, Assistant Secretary-General Geoffrey Lipman identified investment in infrastructure and human resource training, as key issues to make this trend sustainable. He also discussed the importance of credible long term climate response strategies –which allow these countries to realize their tourism growth potential.

He noted further that substantial resources are expected to be earmarked in the coming years for Aid to Trade from the Doha Round, development financing related to the Millennium Development Goals, as well as climate response and clean technology transfer.

Finally he stressed the importance of public private partnerships to ensure that poor and emerging states access these funds for tourism development, underscoring the role of UNWTO in supporting this process.

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St. Kitts & Nevis Tourism Minister Issues Wake-up Call to the Region

Monday, 24/11/2008

St. Kitts and Nevis tourism minister, Rickey Skerritt, has said that increasing competition from new and emerging markets should serve as a wake-up call for the Caribbean.

Speaking to the Caribbean Media Corporation (CMC) at the World Travel Market (WTM) trade show that ended in London last week, Mr. Skerritt warned that there was no room for complacency, as travelers were now a lot more discerning than in the past about where they take a holiday.

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Newsmaker Rss

National Tour Association Appoints New Chairman

Michele Michalewicz, CTP, a Salt Lake City travel professional and president of Western Leisure, Inc. has been inducted as the 2009 chairman and CEO of the National Tour Association. NTA is the industry’s premier packaged travel association made up of more than 3,000 members from around the globe.

 
Outlook Rss

Travel Agents to Be in Higher Demand in 2009

by Sharon Chambers

Peter Yesawich, president and CEO of Ypartnership, expects more consumers to turn to travel agents when planning their trips in 2009. Meanwhile, research conducted by Ypartnership states that the travel intentions of Americans remain strong as 71 percent of active travel households are planning at least one overnight trip during the next six months –the same amount as one year ago.

 
CTO News Rss

CTO to Launch Social Network for Agents

by Gay Nagle Myers

The Caribbean Tourism Organization in January will launch online programs aimed at improving its North American chapter system and the way that travel agents do business.

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Golf Resorts Being Upscaled in Puerto Rico

This seaside stretch, a half-hour’s drive east of the airport in San Juan, is not placid in midday. Construction equipment rumbles through the beachfront while workers sweat out installing the marble floors and granite countertops in developer Donald Trump’s latest Caribbean venture.

 
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Antigua Air Traffic Slows Down

A flow control system implemented by air traffic controllers at the VC Bird International Airport in Antigua has been disrupting flights in and out of the island during the Christmas rush.

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