Report on World Tourism Economy Trends (2018)

In 2017, the economic situations of the global major countries are gradually improving. The consumer confidence indexes of all the countries continue to increase.

Release time : 2018-03-19 17:46:00

source : WTCF

, the global tourism economy growth rate is higher than the global economy growth rates predicted by the International Monetary Fund and the World Bank.

Table 4 2018 global tourism economy prediction

II. The global tourism tripod pattern becomes more obvious

Viewing from the percentage of the total tourist arrivals of each great region in the total global tourist arrivals and the percentage of the total tourist revenue of each great region in the total global tourist revenue, the percentages of the European Region continue to go down, the percentage of the tourist arrivals of the American Region has gone down a little, the percentage of the tourist revenue of the American Region has gone up somewhat and the percentages of the Asian-Pacific Region have obviously gone up.

Viewing from the total tourist arrivals, the total tourist arrivals of the Asian-Pacific Region is 66.6% of the total global tourist arrivals in 2017 (See Figure 1), an increase of 1.6 percentage points compared with last year. From 2016 to 2017, the percentage of the American Region dropped from 16.5% to 15.8%, a decrease of 0.7 percentage points. The percentage of the European Region dropped from 15.6% to 14.9%, a decrease of 0.7 percentage points. The percentage of the Middle East Region dropped by 0.1 percentage points and the percentage of the African Region remained the same. In general, the sum of the percentages of the tourist arrivals of the European Region, the American Region and the Asian-Pacific Region is 97.3% of the total global tourist arrivals.

Figure 1 Percentages of the total tourist arrivals of the great regions in the total global tourist arrivals (2017)

Viewing from the total tourist revenue, from 2016 to 2017, the percentage of the Asian-Pacific Region increased from 32.3% to 33.1%, an increase of 0.8 percentage points. The percentage of the American Region increased from 30.7% to 30.9%, a slight increase of 0.2 percentage points. The percentage of the European