5 percent growth in Asian outbound trips – More beach holidays and city trips – Recovery in travel to Europe – ITB Berlin exclusively publishes latest results from IPK's World Travel Monitor®
Strong growth in European outbound trips so far this year – good figures for most European destinations – solid growth outlook for 2018 – ITB Berlin exclusively publishes latest results from the World Travel Monitor®
Travelers continue to be concerned by terror threats when travelling - nevertheless the desire to travel is unbroken – City trips are growth driver in holiday segment - ITB Berlin exclusively publishes latest results from the World Travel Monitor® in January 2018
It has been a year of ups and downs for international travel in the Americas. In North America, the US outbound market is performing very well thanks to the strong dollar. But in South America, Brazilians have cut back on international travel this year amid the country's economic and political crisis, although the picture could improve next year. Those were some of the results of the 24th World Travel Monitor® Forum in Pisa, Italy (November 3-4).
Double-digit growth in Asian outbound travel led by China – Asians head for the beaches – ITB Berlin exclusively publishes latest results from IPK's World Travel Monitor®Asians travelled more than ever so far this year, with a surge in trips to destinations within the region and including many more beach holidays. After a double-digit rise in international trips this year, the outlook remains strong for 2017. Those were some of the results of the 24th World Travel Monitor® Forum in Pisa, Italy (November 3-4).
Contrary to the sceptical forecasts for the global economy in 2015, Germany's travel industry will still be able to rely on private consumers next year. "We see no danger of people saving money 'due to anxiety' or even of a recession", said Dr. Gernot Nerb, an economic expert at the Munich-based ifo Institute for Economic Research. Speaking in Pisa last Tuesday at the start of the 22nd World Travel Monitor® Forum Gernot Nerb said: "Next year, wages and salaries will rise more rapidly than in 2014 and will give consumer confidence an even stronger boost than in previous years. Furthermore, the introduction of a nationwide minimum wage will have a positive effect on income trends and thus indirectly on the travel industry too."