The Pacific Asia Travel Association (PATA) today released the Executive Summary report for its latest forecasts for international visitor arrivals (IVAs) into and across Asia Pacific, which shows strong annual increases in numbers for 2024 with growth momentum continuing to 2026.
It is expected that pre-COVID levels of IVAs shall be surpassed in 2024 under the mild scenario, and in 2025 under the medium scenario. However, the severe scenario remains a possibility and arrival numbers are predicted to remain around 13 percentage points below the 2019 benchmark by the end of 2026 under such conditions. Nevertheless, the growth felt across the Asia Pacific region validates the enormous work by destinations in luring international travellers and that the complete visitor economy remains vital for national economic recovery.
“The latest PATA forecasts shed light on the swift recovery of the international arrivals numbers in and across the Asia Pacific region, showing signs of strong visitor growth each year between 2024 and 2026 under the mild and medium scenarios, such trends were somewhat driven by joint agreements on destination visa requirements.” PATA CEO Noor Ahmad Hamid noted.
“We cannot, however, expect uniformity in growth from that and other source markets across all the destinations of Asia Pacific, as many will increase their inbound counts at their own pace and in their own time. Furthermore, we must recognise this as the time of fast-paced and constant changes. All of us must remain vigilant of sudden shifts within the industry and be prepared with viable strategies and appropriate coping mechanisms for future uncertainties.”
In absolute terms, the number of IVAs predicted for 2024 ranges from a high of 750 million under the mild scenario, to 619 million under the medium scenario, and 477 million under the severe scenario.
While annual increases of IVA numbers into and across Asia Pacific are expected to be robust from 2024 to 2026, significant differences exist for each of the three destination regions as well as for each of the 39 individual destinations covered in the report, and by each of the possible scenarios.
Despite the prevailing scenario conditions, it seems Asia will maintain a powerful advantage in IVA numbers each year from 2024 to 2026, capturing more than 70% of arrivals into and across Asia Pacific.
The PATA Asia Pacific Visitor Forecasts Executive Summary 2024-2026 is now available here, and is complimentary for all PATA members.