Trending Today:
Including Pakistan | Sri Lanka Expands Free Visa To 40 Countries
Safeguarding Fragile Ecosystems | GB Imposes 5-Year Ban On New Construction Near Hunza Lakes
Major Privatisation Push | Four Bidders Shortlisted For PIA Takeover
  • Aviation
    • Airlines
    • Airports
    • CAA
    • PIA
  • Hotel/Lodges
    • Destination Pakistan
    • Events
    • Food & Beverages
    • Restaurants
  • Pakistan Tourism
    • News
    • Expos & Events
    • Rails & Roads
    • Mountains
    • Organizations
  • International Tourism
    • Cruises
    • Destination
    • Expo & Events
    • News
    • News Destination
    • Organizations
    • Technology
  • Advertise
  • E-papers
  • Newsletter
  • Aviation
    • Airlines
    • Airports
    • CAA
    • PIA
  • Hotel/Lodges
    • Destination Pakistan
    • Events
    • Food & Beverages
    • Restaurants
  • Pakistan Tourism
    • News
    • Expos & Events
    • Rails & Roads
    • Mountains
    • Organizations
  • International Tourism
    • Cruises
    • Destination
    • Expo & Events
    • News
    • News Destination
    • Organizations
    • Technology
  • Advertise
  • E-papers
  • Newsletter
Home»Uncategorized»International Tourism | The Worth Was $4 Billion a Day in 2017; UNWTO
Uncategorized

International Tourism | The Worth Was $4 Billion a Day in 2017; UNWTO

holidayweeklyBy holidayweeklySeptember 3, 2018No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

UNWTO Tourism Highlights 2018 Edition shows international tourist arrivals reached a total of 1,323 million in 2017, some 84 million more than the previous year and made a yet another new record.

The sector has now seen uninterrupted growth in arrivals for eight straight years. 2017’s growth was the highest since 2010, led by the regions of Europe and Africa, which received increases in arrivals of eight and nine per cent, respectively.

International tourism receipts increased by five per cent in 2017. In addition to the US$1.3 trillion in receipts that destinations earned, international tourism generated another US$240 billion from international passenger transport taken by non-residents. This raised total tourism exports to US$1.6 trillion, or US$4 billion a day, which corresponds to seven per cent of the world’s exports.

The strong 2017 results were driven by sustained travel demand for destinations across all world regions, including a firm recovery by those that have suffered from security challenges in recent years. Strong outbound demand from virtually all source markets, including rebounds from major emerging economies Brazil and the Russian Federation, benefited both advanced and emerging destinations.

The new report also illustrates that China continues to lead global outbound travel, having spent US$258 billion on international tourism in 2017. This is almost one-fifth of the world’s total tourism spending in 2017, which stood at US$1.3 trillion, some US$94 billion more than in 2016.

Among the top markets and destinations in the world, in 2017 Spain rose to become the world’s second most-visited destination in terms of international arrivals, after France.

Japan entered the top 10 in tourism earnings in tenth place after six straight years of double-digit growth. The Russian Federation re-entered the top ten of world spenders at eighth place.

Available data for early 2018 has since confirmed international tourism’s continued strong growth, with a year-on-year increase of six per cent in arrivals between January and April.

Post Views: 4
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
holidayweekly
  • Website

Related Posts

NTCB & PTDC Organise | Consultative Workshop on National Minimum | Standards for Tourism & Hospitality Sector

October 23, 2020

Promoting Roshan Digital Account | Faysal Bank & PIA Join Hands

October 23, 2020

Bahrain Tourism Authority | Nasser Ali Yousif Is New CEO

October 23, 2020
Leave A Reply Cancel Reply

Top Posts

Including Pakistan | Sri Lanka Expands Free Visa To 40 Countries

July 27, 2025

Time to meet the Muppets on the Muppet

July 12, 2018

The world don’t move to the beat

July 12, 2018

You would see the biggest gift woud be from me and the card

July 12, 2018
Don't Miss
International Tourism

Including Pakistan | Sri Lanka Expands Free Visa To 40 Countries

By holidayweeklyJuly 27, 2025

COLOMBO: In a strategic move to revive its tourism industry, Sri Lanka has extended its…

Safeguarding Fragile Ecosystems | GB Imposes 5-Year Ban On New Construction Near Hunza Lakes

July 16, 2025

Major Privatisation Push | Four Bidders Shortlisted For PIA Takeover

July 15, 2025

Sheikha Asma Al Thani | Qatari Princess named As Pakistan’s Tourism Ambassador

July 15, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Email Us: info@example.com
Contact: +92 321 9264 080

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Including Pakistan | Sri Lanka Expands Free Visa To 40 Countries

July 27, 2025

Safeguarding Fragile Ecosystems | GB Imposes 5-Year Ban On New Construction Near Hunza Lakes

July 16, 2025

Major Privatisation Push | Four Bidders Shortlisted For PIA Takeover

July 15, 2025
Most Popular

Including Pakistan | Sri Lanka Expands Free Visa To 40 Countries

July 27, 2025

Time to meet the Muppets on the Muppet

July 12, 2018

The world don’t move to the beat

July 12, 2018
© 2025 Weekly Holiday. Designed by Haseeb Ansari.

Type above and press Enter to search. Press Esc to cancel.