Positive increases in IVAs predicted to begin in 2022 for Asia Pacific

At the individual destination level, recovery rates vary broadly in 2022 and are predicted to range from less than 15% to almost 99%, while in 2024, they range from 86% to 120% under that same scenario. Overall, however, projections are now for Asia Pacific to reach an IVA count in 2024 of 510-832 million, depending on which scenario plays out over that period.

Similar variations are apparent across the source market regions relevant to Asia Pacific, although in general, the trend is back towards the same inbound structure of 2024, at least under the medium scenario.

As PATA CEO Liz Ortiguera observes "While a positive turning point is predicted to occur in 2022 for all the 39 Asia Pacific destinations covered in these updated forecasts, many market variables are currently influencing travel and significant challenges still lay ahead. While the momentum for international travel demand is obviously increasing, multiple challenges need to be navigated by the global travel and tourism sector."

"From emerging new strains of the SARS-CoV-2 virus to escalating jet fuel prices, the spectre of rising inflation to the current geo-political conflicts, these variables are concerns in the face of global pent-up demand to reconnect and travel."

Ms. Ortiguera concludes by reminding the travel and tourism sector that "Safety, wellness and smooth travel experiences are top of mind as needs for post-pandemic travellers. It's important to provide clarity in processes and deliver good customer support in the face of ever-changing circumstances. Recognition should go to all the travel and tourism staff that are enabling efficient and great travel service delivery and experiences in the face of all these challenges. We need to respect and applaud their efforts as the backbone of the industry through these challenging times."

The PATA Asia Pacific Visitor Forecasts 2022-2024: 2Q Updates is now available at https://www.pata.org/research-q1v63g6n2dw/p/asia-pacific-visitor-forecasts-2022-2024-2q2022-updates

What you will learn from this report:

• Updated international visitor forecasts for Asia Pacific between 2022 and 2024 by destination region, sub-region, and destination, highlighting changing demand preferences in the face of policy changes.

• Updated forecasts and recovery patterns for 39 individual destinations allowing for the development of better recovery strategies for the post-COVID-19.

PATA International members have exclusive access to the recording of the, PATA Visitor Forecasts 2022 to 2024: 2Q Updates' webinar which included expert speakers from The Hong Kong PolyU, Euromonitor International, Visa, and OAG. The speakers provided an overview of the updated forecasts for international arrivals to Asia Pacific between 2022 and 2024 as well as latest insights into key source markets' traveller behaviour and Asia's capacity rebuild and changing supply structures.

To access PATA reports and other member benefits, please send an inquiry to [email protected].

About the PATA Asia Pacific Destination Forecasts 2022-2024: 2Q Updates

This report covers 39 distinct destinations in the Asia Pacific region and provides quantifiable insights on the actual and projected inbound travel flows, incorporating the latest available published arrivals data as of March 2022, into each of those destinations. This ongoing attention to systemic changes in the international travel and tourism system reinforces its application into the strategic and marketing planning processes of Asia Pacific destinations.

Public link

Please use the above public link if you want to share this noodl on another website.