The global tourism sector is poised for a full recovery by the end of 2024, according to the latest World Tourism Barometer by UN Tourism.
In the first nine months of the year, 1.1 billion international tourists traveled globally, marking a 98% return to pre-pandemic levels.
Despite economic, geopolitical, and climate challenges, the sector has demonstrated remarkable resilience and growth.
Four years after the COVID-19 pandemic halted global travel, the Barometer highlights significant milestones.
Many regions have already exceeded 2019 arrival numbers, with international tourism receipts showing extraordinary growth, often in double digits compared to pre-pandemic levels.
Tourism Leaders Celebrate Recovery
UN Tourism Secretary-General Zurab Pololikashvili lauded the sector’s achievements: “The strong growth in tourism receipts is excellent news for economies worldwide. Visitor spending outpacing arrivals directly impacts millions of jobs, small businesses, and national revenues, fueling economic recovery globally.”
Regional Tourism Performance
- Middle East: Leading growth with a 29% increase in arrivals over 2019 levels.
- Europe and Africa: Both exceeded pre-pandemic levels, with Europe up 1% and Africa up 6%.
- Americas: Recovered 97% of pre-pandemic arrivals.
- Asia and the Pacific: Achieved 85% of 2019 levels, a marked improvement from 66% in 2023, as the region continues its gradual rebound.
The summer season in the Northern Hemisphere proved robust, with global arrivals reaching 99% of pre-pandemic figures in Q3 2024.
Sixty out of 111 destinations have already surpassed 2019 arrival numbers, with Qatar (+141%), Albania (+77%) and Saudi Arabia (+61%) among the top performers.
Tourism Receipts Outpace Arrivals
Tourism earnings have exceeded pre-pandemic values in 35 of the 43 countries with available data. Highlights include:
- Serbia: Receipts nearly doubled (+99% over 2019).
- Japan: Achieved a 59% increase, alongside strong results in Türkiye (+41%) and France (+27%).
- United States: Recorded a 7% increase, maintaining its position as the world’s top tourism earner.
- India: Saw an 81% surge in outbound spending through June 2024.
Sector Outlook for 2024
International arrivals are expected to reach 2019 levels by the end of the year, with international tourism receipts already matching or exceeding pre-pandemic benchmarks in many regions.
The year has been characterized by longer stays and higher average spending per trip, excluding inflationary effects.
Challenges Ahead
While the recovery is strong, obstacles remain, including inflation in travel costs, high transport and accommodation prices, volatile oil markets, geopolitical tensions, and extreme weather events.
Staff shortages also pose ongoing challenges to the tourism sector’s full rebound.
Despite these hurdles, 2024 is set to be a milestone year for global tourism, reflecting its resilience and vital role in driving economic growth worldwide.
The post Global tourism nears full recovery, Spending surpasses arrival growth in 2024 appeared first on Travel And Tour World.
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