The state of the travel and tourism industry in Asia Pacific

Transcription

1 The state of the travel and tourism industry in Asia Pacific Kris Lim, Director Strategic Intelligence Centre Thailand Travel Mart IMPACT Muang Thong Thani, Wednesday, 08 June 2011

2 Asia Pacific tourism trends

3 PATA Global

4 ASIA PACIFIC: A TOURISM SUCCESS STORY 408 million international visitors in 2010 Note: Asia Pacific = Asia and the Pacific + North America (Canada, Mexico and USA) Source: PATA Annual Tourism Monitor 2011 Early Edition (April 2011)

5 Asia led growth International visitor arrivals 2010: YOY % change South Asia +13% Southeast Asia +12% Northeast Asia +11% The Pacific + 7% North America + 7% Asia Pacific +10% Note: Asia Pacific = Asia and the Pacific + North America (Canada, Mexico and USA) Source: PATA Annual Tourism Monitor 2011 Early Edition (April 2011)

6 Slower arrivals growth in 2011, at +5% YOY in the first quarter SA 13.1% SEA 10.0% NEA 3.2% Pacific 2.5% Note: Asia and the Pacific only, Source: PATA press release (19 May 2011)

7 Airline traffic trends Asia Pacific YTD Jan-Apr 2011: YOY % change RPK growth + 4% ASK growth + 7% Passenger Load Factor 75% Source: PATA press release (19 May 2011)

8 Hotel s performance indicators continued to improve in 2011 Asia Pacific YTD Jan-Apr 2011: YOY % change Occupancy - 1% ADR (US$) +13% RevPAR (US$) +13% Source: STR Global s Global Performance Review (April 2011)

9 Travel and tourism trends

10 The continued rise of China Over 47 million Chinese visited Asia Pacific destinations in 2010, an increase of 28% Source: PATA Outbound Tourism Snapshot (Asia) 2010

11 China arrivals into Asia Pacific Fast-growing destinations vs. Thailand Ranking Asia Pacific Asia ASEAN No 1 Maldives (+59%) Maldives (+59%) Lao PDR (+33%) No 2 Tahiti (+55%) Bhutan (+42%) Indonesia (+30%) No 3 PNG (+42%) Lao PDR (+33%) Malaysia (+26%) No 4 Bhutan (+42%) Nepal (+31%) Cambodia (+25%) No 5 Guam (+41%) Indonesia (+30%) Myanmar (+19%).... Thailand (+8%) Rank: 28 Rank: 16 Rank: 7 Note: Growth rates are CAGRs (Compound Annual Growth Rates) for Source: PATA

12 and India Oneofthefastestgrowingoriginmarkets,arrivalsfrom India grew at an annual rate of 12% for the period, crossing the 5 million mark in 2010 Source: PATA Outbound Tourism Snapshot (Asia) 2010

13 India arrivals into Asia Pacific Fast-growing destinations vs. Thailand Ranking Asia Pacific Asia ASEAN No 1 Macau SAR (+52%) Macau SAR (+52%) Malaysia (+25%) No 2 Tahiti (+36%) Malaysia (+25%) Indonesia (+30%) No 3 Mexico (+36%) Indonesia (+25%) Thailand (+16%) No 4 PNG (+30%) Maldives (+20%) Cambodia (+14%) No 5 Malaysia (+25%) Mongolia (+18%) Philippines (+11%).... Thailand (+16%) Rank: 8 Rank: 6 Rank: 3 Note: Growth rates are CAGRs (Compound Annual Growth Rates) for Source: PATA

14 The rise of other BRICS

15 Russia arrivals into Asia Pacific Fast-growing destinations vs. Thailand Ranking Asia Pacific Asia ASEAN No 1 Cambodia (+57%) Cambodia (+57%) Cambodia (+57%) No 2 Thailand (+43%) Thailand (+43%) Thailand (+43%) No 3 Mexico (+36%) Indonesia (+34%) Indonesia (+34%) No 4 Indonesia (+34%) Hong Kong SAR (+31%) Malaysia (+31%) No 5 Hong Kong SAR (+31%) Malaysia (+31%) Lao PDR (+24%) Note: Growth rates are CAGRs (Compound Annual Growth Rates) for Source: PATA

16 Brazil arrivals into Asia Pacific Fast-growing destinations vs. Thailand Ranking Asia Pacific Asia ASEAN No 1 Bhutan (+42%) Bhutan (+42%) Malaysia (+36%) No 2 Malaysia (+36%) Malaysia (+36%) Thailand (+18%) No 3 Maldives (+32%) Maldives (+32%) Cambodia* (+16%) No 4 India (+20%) India (+20%) Myanmar (+11%) No 5 Australia (+19%) Thailand (+18%) Philippines (+6%).... Thailand (+18%) Rank: 6 Note: Growth rates are CAGRs (Compound Annual Growth Rates) for , * Cambodia Source: PATA

17 The rise of the LCCs Source : AirAsia and various

18 The rise of the LONG HAUL LCCs Source : AirAsia X and various

19 ASEAN open skies

20 growing cruise sector

21 sustainable tourism

22 Mobile internet Internet users reach 2 billion one third of world s population, doubled between 2005 and 2010 Mobile subscribers reach 5.3 billion two thirds of world s population Smartphones are replacing traditional mobiles, tablets are replacing netbooks, notebooks and PCs Source: International Telecommunication Union (ITU) and China Internet Network Information Center (CNNIC)

23 Outlook

24 Global economy 2011: GDP +4.4% Source : IMF DataMapper International arrivals to Asia Pacific: +5.0% (YTD Jan-Mar 2011)

25 Regional airline capacity trends Airlines Worldwide will operate 4% more flights and 6% more seat capacity in May 2011 vs. May 2010 Number of flights and seat capacity to/from Asia Pacific has increased by 10% and 9% respectively Within Asia/Pacific, there will be nearly 40,000 more flights and 6.7 million more seats than in May 2010, an increase of 7% each in flight operations and seat offerings Source: OAG June 2011

26 Asia Pacific Tourism Forecasts arrivals are expected to grow by 7% annually Destination AAGR (%) North America 104,114, ,563, ,447, Northeast Asia 234,820, ,379, ,999, South Asia 8,874,250 9,427,894 9,956, Southeast Asia 77,786,956 83,373,046 88,738, The Pacific 10,721,937 11,264,426 11,736, Grand Total 436,317, ,008, ,878, Source: Asia Pacific Tourism Forecasts (May 2011)

27 Thank You Kris Lim, Director Strategic Intelligence Centre Thailand Travel Mart IMPACT Muang Thong Thani, Wednesday, 08 June 2011