In its travel forecast, PATA (Pacific Asia Travel Association) has estimated that India will witness 1.7 million US visitors by the end of 2026, which is 111.9% more than the 2019 level, under the medium scenario. The latest PATA forecast sheds light on the swift recovery of international arrivals.
Read More »PATA predicts int’l visits to exceed 516 mn by 2023 end; 76% of 2019 levels: Chairman
Peter Semone, Chair, PATA, said, “PATA forecasts international visitor numbers by the end of 2023 are predicted to exceed 516 million, approaching 76% of the pre-pandemic levels of 2019. This is expected to further increase to 107% in 2024 and 116% in 2025.”
Read More »Asia Pacific to get one billion foreign arrivals by 2024: PATA
Asia Pacific remains solidly on the path to welcome close to one billion international visitor arrivals (IVAs) over the next five years. This is one of the key predictions from the Executive Summary of the Asia Pacific Visitor Forecasts 2020-2024, released by the Pacific Asia Travel Association (PATA). Covering the years 2019 to 2024 and 39 destinations within the region, these forecasts anticipate a volume of over 971 million international visitor arrivals into Asia Pacific, by 2024. The strong increase in IVAs has been driven by the average annual growth rate (AAGR) of 5.3% between 2014 and 2019, and that momentum is expected to increase even further over the next five years, to average 6.3% per annum between 2019 and 2024. This will result in an acceleration of more than 256 million additional IVAs into the region between 2019 and 2024, a significant increase over the additional volume of 162 million added between 2014 and 2019.
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