The emerging economies of China, Russia and Brazil have been
dynamic drivers of outbound tourism in recent years and account for half
of world’s increase in tourism expenditure. In 2013, these three source
markets accounted for some US$ 40 billion of the total US$ 81 billion
increase in international tourism expenditure, according to the latest
UNWTO World Tourism Barometer.
China, which became the largest outbound market in 2012 with an
expenditure of US$ 102 billion, saw an increase of 26% in spending last
year to a total of US$ 129 billion.
The Russian Federation became the fourth largest outbound market in 2013, following a 25% growth to US$ 54 billion.
Brazil entered the top ten by expenditure at tenth place, on the back of a 13% increase to US$ 25 billion.
The performance of key advanced economy source markets was
comparatively more modest, with the exception of Australia which spent
9% more. France (+5%) recovered from a weak 2012 whereas the United
States, Germany, the United Kingdom and Canada all increased expenditure
by between 2% and 4%.
Exciting News! The readership of this Magazine has recently passed 6 million. An innovative new way of promoting tourism in the Hunter Valley region of New South Wales in Australia, selected Australian cities and featured overseas countries. Featuring MICE and Corporate Travel news, destinations, hotels, musicals and events. On the right hand side of the page you will find an index of articles by date, by world location, and by popularity. Happy reading!
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