According to the latest predictions from ITB
Berlin, China’s population will again be displaying a keen
interest in travel, with many travel plans actually being made
during the current year.
By way of contrast, despite improving economic
prospects, there will be no increase in the desire for long haul
travel from North America. The Americans are still suffering from
the effects of the global economic and financial crisis and,
according to the World Travel Trends Report 2010 by researchers
IPK International, which was commissioned by Messe Berlin, there
will be a further 5% decline in travel to destinations outside the
American continent. On the other hand the actions of Europeans
will remain predictable for the travel industry: they intend to
travel in greater numbers and appear to be unaffected by current
economic reports.
According to the IPK the volume of travel by
private individuals during the present year will be nowhere near
as great as it was prior to the onset of the global economic and
financial crisis. Even though the picture throughout Europe is not
a uniform one, the number of journeys undertaken on the continent
will only fluctuate by 1% above or below the level of 2009 when
the crisis began. Confidence and trust are on the increase. The
representative survey of Europeans that was conducted by the IPK
has revealed that 66% would not be influenced any more when making
their travel plans, whereas in the autumn of last year the
corresponding figure was 52%.
The survey goes on to predict that people in the
USA will not be travelling abroad in the same numbers this year as
they did last year. In September 2009, of those questioned, 65%
stated that their travel plans were influenced by the economic
situation, compared with 58% in January 2010. Unlike the
Europeans, in North America there is considerable evidence to show
that greater reductions will be made on travel expenditure, with
more people vacationing in their own country.
In Asia the picture is more uneven. Whereas
travel plans tend to be more conservative in South East Asia,
corresponding more closely to the situation in North America, the
real driving force behind the travel industry is provided by the
Chinese. While 33% of those questioned in January 2010 about their
travel plans for the current year were definitely influenced by
the economic crisis, in China the corresponding figure was only
14%. For the Asian continent as a whole an increase of 4% in
travel activity is expected.
“This year the global travel industry can expect
a very significant impetus from Asia, and especially from China,”
said Dr. Martin Buck, Director of the Competence Centre Travel and
Logistics of Messe Berlin. “We anticipate that the very promising
forecasts for Asia and China will have a very positive impact on
ITB Asia, which is taking place for the third time in Singapore
from 20 to 22 October 2010. Europe will certainly benefit from the
keen enthusiasm for travel among the Chinese.”
The ITB World Travel Trends Report is largely
based on the representative IPK International World Travel
Monitor, which has been compiled annually for more than 20 years
on 60 important travel markets around the world, using more than
500,000 interviews to obtain data about the volume of travel and
attitudes to travel.
See other recent news regarding:
Airlines,
Airports,
Awards,
Flights,
Codeshare,
Lounges,
First Class,
Business Class,
MICE,
GDS,
Rewards,
Miles,
Hotels,
Apartments,
Promotions,
Spas,
New Hotels,
Traffic,
Visitor Arrivals,
Cruises,
Free Deals,
Videos,
ITB,
ITB Asia,
Trends
|