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Global tourism registers 5% growth till April 2008

Global tourism registers 5% growth till April 2008
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First Published: Fri, Jul 04 2008. 02 38 PM IST
Updated: Fri, Jul 04 2008. 02 38 PM IST
PTI
New York: Despite insecurity in various parts of the world, international tourism grew by five per cent during the first four months of this year compared to the same period last year.
The United Nations World Tourism Organisation (UNWTO), however, expects slower annual growth due to economic crisis facing the world.
Fluctuation in tourism demand will be contingent on “how the economy evolves and consumers react, both of which are directly interrelated to oil and food prices,” said UNWTO Secretary-General Francesco Frangialli.
The northern hemisphere’s summer season, traditionally the busiest period of the year, will need to be followed closely, he added.
All of the world’s subregions posted growth between January and April this year, with the Middle East, North-East and South Asia and Central and South America registering the strongest results.
In the same period, countries such as China, Japan, Indonesia, Cuba, Jamaica, Sweden, Bulgaria, Israel, Turkey, Egypt and Morocco witnessed double-digit growth rates.
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First Published: Fri, Jul 04 2008. 02 38 PM IST