APAC | To what extent can domestic travel support the tourism recovery in APAC?
Domestic travel is the key factor that will support the near-term tourism recovery in Asia-Pacific (APAC). While international travel in the region will not recover to 2019 levels until at least 2024 in our current baseline forecast, domestic visitors are projected to exceed pre-pandemic levels next year.
Driven by the domestic market, aggregate tourism – that is, domestic and international visitors combined – is projected to recover 2019 levels in 2022 in the majority of the region’s largest country destinations.
Download the report to find out:
- The outlook for Travel and Tourism in APAC
- Baseline projections for overnight visitors to APAC countries
- The forecasted change in domestic and International travel up to 2025
Most US metros to see slower growth in 2024
Most metros have had steady GDP and job growth in 2023 but will start to see quarterly declines in Q4 or Q1 2024. All of the top 50 metros are forecast to see a slowdown in GDP growth in 2024, driven by lower finance and real estate GDP more than by other sectors.Find Out More
Why the real yield on private wealth will keep falling globally
Despite the importance of returns on private wealth for long-term investors – be they households, asset managers, or pension funds – the fact that real yields have been on a downward trend across the world for decades seems to have escaped attention.Find Out More