World Tourism Update
30 June 2016

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Statistics

Big Spenders On International Travel

China will be the top spender - with Chinese travellers projected to nearly double their spending to $255 billion, representing nearly one-sixth of global travel spending in 2025.
Source: VISA,'Mapping The Future Of Global Travel & Tourism'

Market share is intrinsically volatile year to year. The effects of the strong dollar defined the FY2015 outcome, especially from Canada. The US gained market share in four markets (UK, Australia, Japan, and South Korea) and held its share from Mexico. The US lost 1.2% percentage points of market share within Brand USA focus markets in FY2015. 
Source: Oxford Economics,'The Return on Investment of Brand USA Marketing' , May 2016

Medical Tourism is a multi-billion dollar industry that is expected to increase by up to 25 percent per year over the next 10 years. By examining cross-border spending for medical services in more than 176 countries, we found the United States to be the single largest hub for medical tourism. Thailand, Singapore, Germany, Korea, and Spain are quickly catching up, increasingly attracting visitors from around the world, according to an analysis of transaction data.
Source: VISA,'Mapping The Future Of Global Travel & Tourism'. 
 
Events
13.09.16
LUXE & MICE Travel Show, Azerbaijan
The LUXE & MICE Travel Show offers an exclusive and friendly environment for the luxury & mice travel brands to present their unique products to the upscale leisure and corporate clientele of the Azerbaijan travel market.
20.09.16
World Youth and Student Travel Conference (WYSTC)
Now in its 25th year, the WYSTC is the leading trade event for the global youth, student and educational travel industry. Held at Belgrade, Serbia.
26.09.16
Latin American Hotel & Tourism Investment Conference
Held at Ecuador, SAHIC 2016 is the annual event of international level aimed at promoting the Hotel and Tourism business and related Real-Estate industry projects in the region, which has become a classic that continues to re-invent itself year after year.
26.09.16
ILTM Americas
ILTM Americas is an invitation-only event, where the newest generation of top producing agents and advisors from USA, Canada and Mexico meets the world’s very best luxury travel experiences.
 
 
 


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