Daily Archives: December 2, 2019

Destination Asia-Pacific – The 21st Century's Tourism Hub

Travel sector looks upbeat for Asia-Pacific region?

According to a study conducted in 2013, the year was good for international tourism and stronger for destinations in the Asia Pacific region – Asia saw six per cent growth. Moreover, the number of international tourists increased by 14 million to reach 248 million. South-East Asia (as a sub-region of the Asia-Pacific) registered a 10 per cent increase. China emerged with a record number of international tourist arrivals in 2013, at 55.69 million.Asia's tourism industry employs 65 million people and supports one in 12 jobs – exceeding industries such as financial services.

Needless to say, this growth also led to the generation of 1 million new jobs and accounted for USD2 trillion in contributions to GDP, equivalent to roughly nine per cent of the region's gross domestic product (GDP). This signifies that at present, this sector employs approximately 65 million people and supports one in 12 jobs – exceeding industries such as financial services.

What tourism rings to the table

With more inbound tourists exploring different cities in the Asia-Pacific region as holiday destinations, the benefits abound.

Economic growth

The contribution of the travel and tourism sector to this region's GDP is expected to grow by 5.4 per cent per annual by 2024. More employment opportunities will also emerge in sectors like hospitality, airlines, transportation services and restaurants, to name a few. By 2014, travel and tourism will account for 79 million jobs.

Social benefits

As the tourism industry matures, social media platforms are making headway. Most of these online platforms, including online forums and travel blogs, are being increasingly used by companies to disseminate information to larger audience. Needless to say, social media is leading to greater awareness of travel among Asians. This has been one of the factors driving the upsurge …

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