Asia Pacific is emerging as one of the most dynamic regions for world tourism, with tourist arrivals expected to reach 535 million by 2030. Fuelled by strong GDP growth rates, growing middle class, and rising disposable income, the region's thriving tourism industry continues to show vigorous progress. This report from Horwath HTL Singapore looks at different trends shaping Asia Pacific's tourism development, including the dynamism of Asia's intraregional market, particularly the relevance of China, as well as the potential of domestic market. It further looks into the change in travellers' preference and technological developments that influenced the tourism development in the region.

About Horwath HTL

Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.

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Stephanie Henley
Horwath