International Travel Growth Continues Says WTTC

Despite a global economic crunch, new research by the World Travel & Tourism Council shows that inbound international tourism will only moderately be impacted and signaled continued growth rates for 2008, albeit at a reduced pace. International tourism arrivals increased in 2007 by nearly 6 percent, totaling nearly 900 million tourists and marking the fourth consecutive year that arrivals' growth exceeded its long-standing trend of 4 percent.

"Tourism growth has been particularly rapid in developing countries with the fastest average growth in tourism arrivals in the Middle East region," said WTTC president Jean-Claude Baumgarten.

Deteriorating economic conditions across the globe are a concern, but the WTTC says the slowdown will have only a limited impact due to the growth of emerging markets it notes, such as Dubai. (DE)

Suggested Articles

July 4th travel is up 4.1 percent this year, according to AAA's annual forecast. Here's what to expect in terms of road trip delays and gas and air…

Nexion's marketing symposium from July 16-18 will aim to help travel advisors improve their marketing skills. Read more.

Janssonius will have the same passenger capacity as Hondius (174), a nearly identical size and design, and will be a Polar Class 6 ice-strengthened vessel.…