Tourism is an important sector for many countries around the world. Not only does it bring in foreign exchange, but it also contributes to the local economy.
In recent years, there has been a significant increase in tourism receipts across various continents. In this article, we will take a closer look at which continent recorded the highest increase in tourism receipts (in USD billion).
Asia-Pacific leads the way
According to the latest statistics from the World Tourism Organization (UNWTO), Asia-Pacific recorded the highest increase in tourism receipts in 2019. The continent received a total of USD 548 billion in tourism receipts, which represents a 3.6% increase from the previous year.
Europe and Americas follow closely
Europe and the Americas also saw significant increases in their tourism receipts. Europe received a total of USD 519 billion, which represents a 2% increase from the previous year. The Americas received a total of USD 333 billion, which represents a 2.5% increase from the previous year.
Africa and Middle East lag behind
Africa and Middle East were the only two continents that recorded a decrease in their tourism receipts. Africa received a total of USD 38 billion, which represents a 12% decrease from the previous year. The Middle East received a total of USD 60 billion, which represents a 4% decrease from the previous year.
Factors contributing to Asia-Pacific’s growth
There are several factors that have contributed to Asia-Pacific’s growth in tourism receipts. One of them is China’s booming outbound tourism market. Chinese tourists have been travelling more frequently and spending more money overseas.
Another factor is Southeast Asia’s growing popularity as a tourist destination. Countries like Thailand, Indonesia, and Vietnam have seen an influx of tourists over recent years due to their rich cultural heritage and natural beauty.
Conclusion
In conclusion, Asia-Pacific recorded the highest increase in tourism receipts in 2019, followed closely by Europe and the Americas. Despite the decrease in tourism receipts for Africa and Middle East, there is still potential for growth in these regions. Governments and tourism boards need to work together to promote their countries as attractive tourist destinations and improve their infrastructure to accommodate the growing number of tourists.
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