Advanced Results From the UNWTO World Tourism Barometer For June 2008

According to the June edition of the UNWTO World Tourism Barometer, the first results for 2008 suggest the relative stability of international tourism. In spite of uncertainties posed by the global economy, international tourist arrivals grew at around 5% between January and April 2008, compared to the same period of 2007.

* International tourism grew at around 5% during the first four months of the year - one percentage point above the long-term trend.
* All subregions had positive results - fastest growth in the Middle East, North-East and South Asia, and Central and South America.
* Uncertainty over the global economic situation is affecting consumer confidence and could hurt tourism demand.
* For 2008 as a whole, UNWTO maintains a cautiously positive forecast.
Prospects for international tourism remain positive, although the overall economic climate has deteriorated since the last quarter of 2007, reducing consumer confidence and putting pressure on household spending and travel budgets. UNWTO expects tourism demand to grow, but at a slower pace over the remainder of the year.
A variety of destination countries all around the globe reported double-digit growth rates in the first three to five months of 2008, among which in Asia and the Pacific: China, Japan, Republic of Korea, Macao (China), Cambodia, Indonesia, Vietnam, Fiji, India and Nepal; in the Americas: the USA, Cuba, Jamaica, Costa Rica, El Salvador, Panama, Chile, Peru and Uruguay; in Europe: Sweden, Bulgaria, Latvia, Lithuania, Israel, Malta, Montenegro and Turkey; and in Africa and the Middle East: Bahrain, Egypt and Morocco.
For more information on the UNWTO World Tourism Barometer: http://unwto.org/facts/eng/barometer.htm.  

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