Asian cities outnumbered their counterparts in Europe and America in terms of international tourist arrivals in 2017, according to leading data and analytics company GlobalData.
Tourism from France to Portugal is booming, with annual visits increasing from 1.2 million in 2013 to 1.5 million in 2017, and projected to hit two million by 2022, according to GlobalData, a leading data and analytics company.
In 2017, Chinese tourists made 2.8 billion trips within the country compared to 136.5 million outbound trips, according to leading data and analytics company GlobalData.
According to GlobalData, a data and analytics company, 400 million guests globally are expected to stay at luxury hotels by 2021 as luxury travel is increasingly becoming more appealing.
According to data and analytics company, GlobalData, 2017 has proved to be a record year for UK tourism with international arrivals to the country increasing by 4.6 percent from 38.5 million (2016) to 40.3 million (2017).
As Chinese tourists are anticipated to number almost 191 million by 2021, GlobalData, a data and analytics company, suggested that global tourism brands should embrace tools such as China’s popular WeChat app.
GlobalData, a data and analytics company, has released a report titled, Technology Trends in Travel & Tourism, which identifies new technology trends the travel and tourism industry should expect for 2018.
Mountaineering creates opportunities for the development of the tourism industry in Asia’s mountainous regions, especially among younger visitors, according to GlobalData.
The UK town centre retail market has been in decline since 2015, but it is forecast to rise 0.2 percent this year and will continue to grow until 2022, with sales in the town centre market being driven by convenience goods particularly in the food and grocery sector, according to GlobalData.
GlobalData’s latest report for this year, The Global Wealth Market, which analyses the current dynamics of 71 wealth markets, estimates that Asia Pacific will be the best-performing region with growth of over eight percent, contrasting with a slow performance in Europe.