Growing Tourism – A Positive Sign: Asia and Pacific Continue as Travel Hot Spots
Asia and the Pacific continued as a hot spot for international tourism in 2012, attracting what is expected to be in excess of 350 million international visitor arrivals, expanding its collective inbound count by more than 5% and generating more than 18 million additional foreign visits, year-on-year. … Within this sub-region, Myanmar had a staggering increase of almost 52% in arrivals, while Cambodian and Lao PDR reported gains of 24% and 22% respectively. … According to the figures by the Ministry of Tourism, the number of visitor arrival in 2012 was 3,584,307, an increase of 25 percent in comparing to 2011 and earned 2 billion US dollars for nation income this year. Through tourism industry, it created 350,000 labor forces and in 2015, it is expected that it will attract about 4.5 million foreign investors and in 2020, it could reach to 7 million. …