Outside In | Global tourism is recovering, but for Asia it’s a mixed bag at best
- UN Tourism forecasts a full recovery this year but the data is skewed by the robust recovery in Europe; across Asia, arrivals remain well below 2019 levels
- Also, how quickly Chinese tourists will re-establish their position as the world’s largest group of top spenders is uncertain
Talk to the UN world tourism organisation – since January rebranded as UN Tourism – and the message is that international tourism is well on the road to recovery from the Covid-19 pandemic. But talk to tourism officials in Hong Kong, South Korea, mainland China or Thailand and the story is: not so fast.
According to the UN’s Tourism Recovery Tracker, global tourism last year recovered to within 12 per cent of the pre-Covid level, and is forecast to fully recover this year.
The World Tourism Barometer reported almost 1.3 billion tourists last year, a 34 per cent rebound from 2022. Tourism export revenues rallied to an estimated US$1.6 trillion, just 5 per cent short of 2019’s, after collapsing in 2020. But behind these numbers was a more variable picture.