Wednesday, June 26, 2024 The Pacific Asia Travel Association (PATA) has released its Mid-Year Report for its Asia Pacific Visitor Forecast covering the years 2024-2026, confirming an upward trend in international visitor arrivals (IVAs) across the region for 2024. This report supports earlier projections of significant annual growth in IVAs, forecasting a surpassing of pre-pandemic levels by 2024 under a mild scenario, and by 2025 under a medium scenario. In contrast, the severe scenario suggests that IVAs will still lag behind 2019 figures by 31% in 2024 and 13% by 2026.
Today, PATA also announced the release of 39 detailed reports on individual Asia Pacific destinations, as part of the 2024-2026 Destination Forecasts series, supported by Visa. These reports incorporate the latest insights from Euromonitor International and Visa. Recovery rates vary among regions and sub-regions within Asia Pacific, but IVAs in Asia, the Americas, and the Pacific are all expected to exceed 2019 figures in 2024 under the mild scenario.
This upward trend is anticipated to continue through 2025 and 2026. International visitor arrivals (IVAs) to Asia Pacific from 2019 to 2026 under different scenarios: “The severe scenario forecasts remind us that while things are positive right now, with growth projections generally bullish, dangers still loom,” remarked PATA CEO Noor Ahmad Hamid . “Geopolitical tensions, the effects of climate change and economic uncertainty prove to be sources of obstac.
