An article published today the 4th of March 2010 on the opp.org.uk website indicated that Asia is leading way with regards to Tourism recovery.
The article highlighted that research from International Air Transport Association (IATA) showed air travel was up 8.6% compared to the market low in February 2009.
Giovanni Bisignani, IATA’s Director General and CEO stated that
“Demand is moving in the right direction,”
Giovanni Bisignani continuted,
“We can start to see the future with some cautious optimism, but better volumes do not necessarily mean better profits. Passenger yields are still 15% below peak. And we expect 2010 losses to be $5.6 billion.”
The article suggested that it is the growinhg demand In Asia which is leading driving the the air travel demand.
Air travel growth was fastest in the Middle East, where carriers did not see a fall during the recession and where demand increased to 23.6% in January.
With increasing visitor numbers to Asia this article is just even more facts and proof that Asia tourist property is an ever growing attractive investment option
Asia is such a beautiful place to visit.
Jack