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NEWS
PATA forecasts continuing tourism growth
POSTED 22 Apr 2005 . BY
Asian destinations are set to see a boom in tourism over the next two years, according to the Pacific Asia Travel Association (PATA).

In its Asia Pacific Tourism Forecasts 2005-7, the organisation predicts overall growth in international visitor numbers of 10.6 per cent per year, with each of the 40 countries covered in the report likely to see positive growth.

The country set to see the greatest increase is Malaysia, with a predicted 20.9 per cent rise in inbound visitors – continuing the trend for massive growth projected in 2000.

The organisation said the region’s growth was due to a number of factors, including recovery from the tsunami, the emergence of low-cost airlines, new generation aircraft and the rapidly-rising middle classes in Asia.

Growth is expected to slow down for many countries towards 2007 however, as the current boost is largely due to recovery from the previous downturn – the result of SARS, war and terror – and will stabilise at a lower rate.

The south Asia region has also recently been praised for its achievements in tourism by Dr Dawid De Villiers, deputy secretary general of the World Tourism Organisation. He particularly highlighted peace initiatives between India and Pakistan as greatly facilitating travel.

Pakistan’s government has also shown its commitment to tourism with the formation – for the first time in its history – of a separate ministry of tourism. Details: www.PATA.org or www.world-tourism.org

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Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
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NEWS
PATA forecasts continuing tourism growth
POSTED 22 Apr 2005 . BY
Asian destinations are set to see a boom in tourism over the next two years, according to the Pacific Asia Travel Association (PATA).

In its Asia Pacific Tourism Forecasts 2005-7, the organisation predicts overall growth in international visitor numbers of 10.6 per cent per year, with each of the 40 countries covered in the report likely to see positive growth.

The country set to see the greatest increase is Malaysia, with a predicted 20.9 per cent rise in inbound visitors – continuing the trend for massive growth projected in 2000.

The organisation said the region’s growth was due to a number of factors, including recovery from the tsunami, the emergence of low-cost airlines, new generation aircraft and the rapidly-rising middle classes in Asia.

Growth is expected to slow down for many countries towards 2007 however, as the current boost is largely due to recovery from the previous downturn – the result of SARS, war and terror – and will stabilise at a lower rate.

The south Asia region has also recently been praised for its achievements in tourism by Dr Dawid De Villiers, deputy secretary general of the World Tourism Organisation. He particularly highlighted peace initiatives between India and Pakistan as greatly facilitating travel.

Pakistan’s government has also shown its commitment to tourism with the formation – for the first time in its history – of a separate ministry of tourism. Details: www.PATA.org or www.world-tourism.org

MORE NEWS
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
London Museum reveals 2026 opening date for new Smithfield home
The London Museum’s new site will open in Smithfield, East London, on 28 November 2026.
Toverland unveils €98m expansion plan as park prepares to launch resort development
The Toverland theme park in the Netherlands has announced a €98m expansion programme that will add a resort, new attractions and staff facilities as it pursues plans to become a multi- day destination.
+ More news   
 
COMPANY PROFILES
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
IDEATTACK

IDEATTACK is a full-service planning and design company with headquarters in Los Angeles. [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


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