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COMCEC Tourism Outlook-2018

9

Table 0.1 International Tourism Arrivals and Tourism Receipts

2000

2005

2010

2015

2016

2017

Number of tourists

(millions of people)

674

809

953

1.189

1.235

1.322

Annual change (percent)

8,1

5,9

6,5

4,5

3,9

7

Tourism receipts

(billion dollars)

495

701

961

1.196

1220

1332

Annual change (percent)

-

-

11,7

-4,5

2.0

5

Source:

World Tourism Organization

International tourism market has become characterized by wide geographical distribution and

continuous diversification of destinations. New destinations have been emerging in the

developing regions of Asia-Pacific, the Middle East and Africa and this rapid expansion of new

markets has increased the competition in the tourism sector.

While many destinations recorded an overall growth, results are more mixed than usual across

destinations. According to the UNWTO, growth rate in advanced economies (+5.8%) were below

the advanced economies (+7.9%), with Africa (+9%) showing the strongest results in 2017. In

2017, international tourist arrivals to advanced economies were 725 million, while it was 597

million for emerging economies.

Results across emerging economy destinations were uneven in a context of lower commodity

prices and weaker economic growth. In 2017, the economic scenario remained comparatively

volatile with growth gradually picking up in advanced economies contrasting with a slowdown

in emerging ones.

As displayed on Figure 3.3, the growth of international tourist arrivals in emerging economies

is greater than advanced economies for the years 2007-2012. However, since 2013, advanced

economy destinations showed relatively faster growth in tourist arrivals than emerging

economy destinations up until 2017. In 2017 emerging destinations performed well with a 8%

growth, while advanced economy destinations grew by 6%.