Tag: UNWTO Confidence Index

Outbound tourism from emerging markets, “especially India and Russia”, but also from smaller Asian and Arab markets is expected to continue to grow strongly, predicts World Tourism Organization. Based on current trends, economic prospects and the UNWTO Confidence Index, UNWTO forecasts international arrivals to grow 3 per cent to 4 per cent next year, more in line with historic growth trends. As a general backdrop, the stability of fuel prices tends to translate into affordable air travel while air connectivity continues to improve in many destinations, facilitating the diversification of source markets. Trends also show strong outbound travel from emerging ... Read more