Surveys, Trends & Stats Global Tourism Set for Full Recovery by End of the Year by GTP editing team 5 December 2024 written by GTP editing team 5 December 2024 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 39 Photo source: UN Tourism Global tourism should expect a full recovery from the biggest crisis in the sector’s history – COVID-19 – by the end of the year, despite economic, geopolitical, and climate challenges, according to the World Tourism Organization (UN Tourism). The UN’s specialized agency’s latest World Tourism Barometer found that around 1.1 billion tourists travelled internationally in the first nine months of 2024, as the global tourism sector recovered 98 percent of pre-pandemic levels. Four years after the outbreak of the COVID-19 pandemic, which brought global tourism to a standstill, the barometer reflects the sector’s remarkable recovery, with most regions already exceeding 2019 arrival numbers in the period January to September 2024. Results were driven by strong post-pandemic demand in Europe and robust performance from large source markets globally, as well as the ongoing recovery of destinations in Asia and the Pacific. Increased air connectivity and visa facilitation also supported international travel. The Middle East led recovery with arrivals up 29 percent compared to 2019, followed by Africa (+6 percent), Europe (+1 percent), and the Americas (97 percent recovery). Asia and the Pacific reached 85 percent of pre-pandemic arrivals, highlighting a strong rebound fueled by eased travel restrictions. Notably, North Africa (+18 percent) and Central America (+16 percent) outperformed other subregions. Tourism receipts show extraordinary growth Photo source: UN Tourism Global tourism revenues showed even stronger results in terms of international tourism receipts, with most destinations with available data seeing faster growth in receipts than in arrivals. Thirty-five out of 43 reporting countries surpassed pre-pandemic earnings in the first eight to nine months of 2024, often with double-digit increases and well above inflation in most cases. “The strong growth seen in tourism receipts is excellent news for economies around the world,” UN Tourism Secretary-General Zurab Pololikashvili said. Serbia (+99 percent), Portugal (+51 percent), and Türkiye (+41 percent) were among the top performers. Data on international tourism expenditure reflects the same trend, especially among large source markets such as Germany (+35 percent compared to 2019), the United States (+33 percent) and France (+11 percent). “The fact that visitor spending is growing even stronger than arrivals has a direct impact on millions of jobs and small businesses and contributes decisively to the balance of payments and tax revenues of many economies.” Challenges remain for tourism Photo source: UN Tourism Despite the generally strong results, several economic, geopolitical and climate challenges remain. “The tourism sector is still facing inflation in travel and tourism, namely high transport and accommodation prices, as well as volatile oil prices,” UN Tourism said. Moreover, major conflicts and tensions around the world continue to impact consumer confidence, while extreme weather events and staff shortages are also critical challenges for tourism performance, the organization added. Join the 15,000+ travel executives who read our newsletter Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Four Seasons Expands Portfolio in Greece with Luxury Resort and Private Residences in Porto Heli next post Athens’ Christmas Van Brings Holiday Events to Neighborhoods You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ