Tag Archives: the Republic of Korea

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.

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