Tag Archives: IVAs

Singapore Tourism Board (STB) expects 4 to 6 million International Visitor Arrivals (IVAs) for 2022, revealed STB in its tourism performance numbers for the first half of 2022 and expectation for full year. Indonesia (282,000), India (219,000), Malaysia (139,000), Australia (125,000) and Philippines (81,000) were Singapore’s top five international visitor-generating markets.

PATA, as part of its latest quarterly updated international visitor arrivals (IVAs) forecast has projected that Asia Pacific will reach an IVA count in 2024 of 510-832 million. Liz Ortiguera, CEO, PATA, said, “While a positive turning point is predicted to occur in 2022 for all the 39 Asia Pacific destinations covered in these updated forecasts, many market variables are currently influencing travel and significant challenges still lay ahead.”

India is among the top 11 destinations in terms of International Visitor Arrivals (IVAs) in Asia Pacific, and will record an Average Annual Growth Rates (AAGR) of 11.5 per cent between 2019-24, reveals the Executive Summary of the Asia Pacific Visitor Forecasts 2020-2024, by the Pacific Asia Travel Association (PATA). The other destinations in top 11 include Cambodia, Bhutan, Myanmar, Lao PDR, Japan, Northern Marianas, Vietnam, Maldives and Korea. The report has predicted that nine out of 10 of these destinations will have  AAGRs of over 10 per cent between 2019-2024.

India will be the sixth strongest source markets for International Visitor Arrivals (IVAs) into Asia Pacific between 2019-2024, according to a forecast by Pacific Asia Travel Association (PATA). India is predicted to generate IVAs of 6.825mn during this period. The top ten strongest source markets into Asia Pacific between 2019 and 2024 are forecast to include China, the Republic of Korea and Hong Kong SAR in the top three positions, generating a collective volume of more than 369 million IVAs over that period. These three source markets alone are also predicted to generate an additional volume of more than 106 million IVAs into Asia Pacific over the same period. The top group of 11 destinations by strongest IVA increase is likely to account for 77 per cent of the IVA volume into Asia Pacific in 2024. In addition, it is predicted that nine out of 10 destinations will have AAGRs (between 2019 and 2024) in excess of 10 per cent, with India touching an AAGR of 11.5 per cent.