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The School of Hotel and Tourism Management (SHTM) of The Hong Kong Polytechnic University joined forces with the Pacific Asia Travel Association (PATA) to publish the tenth in their series of Asia Pacific Visitor Forecasts reports, providing the region’s travel and tourism sector, hard hit by the COVID-19 pandemic, with much-needed projections of tourist numbers in the coming years.
Pacific Asia Travel Association (PATA) has just produced an updated third-quarter 2021 forecast for international visitor arrivals into 39 Asia Pacific destinations.
Hong Kong SAR will lead Asia Pacific destinations in terms of growth over the next five years, according to the just released Asia Pacific Visitor Forecasts 2018-2022 Full Report. Following on from the earlier release of the Executive Summary Report, the Full Report delves deeper into origin-destination pairs for 40 Asia Pacific destinations, as well as tourism receipts and income and price elasticities, where data permit. ANNUAL FOREIGN VISITOR GROWTH – 2017 TO 2018 The Asia Pacific destinations covered in this report are forecast to receive an aggregate inbound count of more than 673 mill...
That’s the bottom line conclusion of the new mid-year revision of the ‘Asia Pacific Visitor Forecasts 2021-2023′ from the Pacific Asia Travel Association (PATA). PATA, in its preamble to the revised reports, admits that the Covid-19 pandemic necessitates constant reviews with future predictions being continuously revised. PATA Asia Pacific Visitor Forecasts 2021-2023 projections were made using estimated baseline data for 2020, from each of 39 destinations within the Asia Pacific. Most of the earlier forecasts became irrelevant as new data emerged. Now PATA’s latest evaluation sug...