BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
By

MADRID: International tourism levels will be slightly higher than its pre-pandemic levels in 2024 boosted by an expected resurgence in Asia, the UN’s World Tourism Organization (UNWTO) said Friday.

“International tourism is expected to fully recover pre-pandemic levels in 2024, with initial estimates pointing to 2.0 percent growth above 2019 levels,” the Madrid-based agency said in a statement.

Figures for last year showed that 1.3 billion tourists travelled abroad, 44 percent higher than in 2022 and 88 percent of the numbers in 2019. UNTWO pointed to “a stronger recovery of Asian markets” but noted that the biggest rise was in the Middle East which was “the only region to overcome pre-pandemic levels with arrivals 22 percent above 2019”.

Europe, the world’s most visited region, also saw a strong performance with tourism reaching 94 percent of its 2019 figures, with African figures reaching 96 percent.

In relative terms, the Asia-Pacific region was the weakest with just 65 percent of pre-pandemic levels, despite China’s lifting of health restrictions a year ago after a strict three-year zero-Covid strategy when it cut itself off from the world.

“The latest UNWTO data underscores tourism’s resilience and rapid recovery, with pre-pandemic numbers expected by the end of 2024,” its Secretary-General Zurab Pololikashvili said in the statement.

Chinese tourism was expected to gather pace this year with Beijing offering visa-free travel for citizens of France, Germany, Italy, the Netherlands, Spain and Malaysia until the end of November.

The prediction for 2024, however, “remains subject to the pace of recovery in Asia and to the evolution of existing economic and geopolitical downside risks,” it said, notably due to the Israel-Hamas war and the unsettled global economy.

“Persisting inflation, high interest rates, volatile oil prices and disruptions to trade can continue to impact transport and accommodations costs in 2024,” it warned.

Comments

Comments are closed for this article.