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| Asia |
The outlook for
Asian outbound tourism this year is overwhelmingly positive thanks to continued
good prospects for the region’s economies. According to the IMF’s World
Economic Outlook, released in October 2012, Asian GDP as a whole likely to grow
by 5.4% last year and by 5.9% in 2013.
Prospects for Asian tourism in 2013 are even stronger.
Only one third (32%) of Asians say the financial crisis will impact their
travel planning while two thirds (68%) say they will not be affected. In 2011,
slightly more Asians (36%) were impacted by the crisis.
On a similar positive note, 29% of Asians plan to travel
more in 2013, up from the 26% figure of 2011. Only 16% plan to travel less,
compared to 21% in 2011, while 52% plan similar travel levels in 2013 (46% last
year). Taking all these factors into account, IPK predicts a healthy 6%
increase in Asian outbound travel in 2013.
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