Better than expected results in Europe boosted by Northern Europe (+7%)
International tourism grew by almost 5% in the first half of 2011, totalling a new record of 440 million arrivals. This consolidates the 6.6% increase registered in 2010, despite multiple challenges. Between January and June 2011, the total number of arrivals reached 440 million, 19 million more than in the same period of 2010. Growth in advanced economies (+4.3%) maintained strength, closing the gap with emerging economies (+4.8%), which have been driving international tourism growth in recent years. This trend reflects decreases registered in the Middle East and North Africa, as well as a slight slowdown in the growth of some Asian destinations following a very strong 2010.
Results were better than expected in Europe (+6%), boosted by the recovery of Northern Europe (+7%) and Central and Eastern Europe (+9%). The Americas (+6%) was slightly above the world average, with remarkably strong results for South America (+15%). Asia and the Pacific grew at a slower pace of 5%, less than its 13% growth in 2010. Growth for the remainder of the year is expected to soften.
[pictured: Crowne Plaza Copenhagen Towers Suite; courtesy IHG]