The global tourism industry is on track to reach 65 per cent of pre-pandemic international visitor levels by the end of this year as the sector, led by Europe, recovers from the worst crisis in its history.
ISLAMABAD, (UrduPoint/Pakistan Point News – November 24, 2022): The global tourism industry is on track to reach 65 percent of pre-pandemic levels of international visitors by the end of this year as the sector , led by Europe, recovers. the worst crisis in its history.
The industry could generate between $1.2 trillion and $1.3 trillion in tourism revenue this year, an increase of 60% to 70% over 2021, according to the latest data from the United Nations World Tourism Organization. (OMT). The revenue forecast this year is 70-80% of the $1.8 trillion the global industry generated in 2019.
In the first nine months of 2022, some 700 million tourists traveled internationally, more than double the number in the same period last year, the UN tourism body said.
This represents 63 percent of 2019 levels, putting the sector on track to reach 65 percent of its pre-pandemic levels by the end of this year, The National reported.
“Results were driven by strong pent-up demand, improved confidence levels and the lifting of restrictions in an increasing number of destinations,” the report said.
An estimated 340 million international arrivals were recorded in the third quarter of 2022 alone, almost half of the 700 million people who traveled during the first nine months of the year, according to UNWTO.
In the race to bring tourism-dependent economies back to pre-pandemic levels of international visitors, Europe is leading the way, according to UN data.
Europe is driving the rebound in international tourism, welcoming 477 million international arrivals in the January-September period, or 68 percent of the world’s 700 million tourists.
This is a recovery from 81 percent of its tourist arrivals before the Covid-19 pandemic hit, according to the report.
This was more than double the number of visitors to Europe in 2021, with the nine-month results driven by strong intra-regional demand and travel from the US.
“Europe experienced a particularly strong performance in the third quarter, when arrivals reached almost 90 per cent of 2019 levels,” the tourism body said.
After Europe, in the list of the fastest recovering regions of the world this year, is the Middle East.
International arrivals from the Middle East region more than tripled year-on-year in the January-September period, rising to 77 percent of their pre-pandemic levels, the UNWTO said.
Africa and the Americas also recorded strong growth compared to 2021, reaching 63% and 66% of 2019 levels, respectively.
In Asia and the Pacific, international arrivals more than tripled in the first nine months of 2022, reflecting the opening of many destinations, including Japan, at the end of September. But arrivals in Asia and the Pacific were still 83 percent below 2019 levels.
Destinations that reported arrivals above pre-pandemic levels in the nine months to September include Albania, Ethiopia, Honduras, Andorra, Puerto Rico, the Dominican Republic, Colombia, El Salvador and Iceland, the UN body said.
In September, tourist arrivals exceeded pre-pandemic levels in the Middle East (3% compared to 2019) and the Caribbean (1% compared to 2019).