Hong Kong to Maintain Its Position as Top City Destination Despite Decline in Visitor Arrivals
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Dec 3, 2019--
Global inbound arrivals are expected to grow by 4.2% to 1.47 billion trips in 2019, with the top 100 cities covering nearly 47% of global arrivals, according to the ’ Top 100 City Destinations 2019 ’ report by global market research company Euromonitor International.
This year’s report, covering the world’s leading cities ranked by international tourist arrivals, shows that 5 out of the top 10 most visited cities in 2018 are in Asia Pacific, with Hong Kong listed as the most visited city in the world, followed by Bangkok. Rabia Yasmeen, senior analyst at Euromonitor International comments: “Amid the current situation in Hong Kong, leading to a sharp decline in the number of visitor arrivals this year at -8.7%, the city is expected to maintain its leading position in 2019.”
While Asia Pacific is the clear winner in this year’s ranking, Europe remains the second key region for travellers, with London retaining its third place in the ranking despite a decline in the number of arrivals in 2018, as Brexit uncertainty continues. Reporting the fastest growth in inbound arrivals globally, Istanbul made a strong comeback in the top 10.
In stark contrast, increased competitiveness from Asian and European cities have weighed heavily on America’s cities with most experiencing a decline in rankings, despite a growth in arrivals. In the Middle East and Africa, Euromonitor records a steady growth when compared to the rest of the world, with Cairo and Hurghada showing a sharp recovery in the ranking, owing to an active tourism reform strategy.
“As tourism becomes a cornerstone for economic growth and receives more committed attention from governments, cities are expected to be the centre of innovation and investment with technology and sustainability as key focus areas in the years to come,” concludes Yasmeen.
Access our free copy of the report here.
About Euromonitor International
Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. From local to global and tactical to strategic, our research solutions support decisions on how, where and when to grow your business. Find the right report, database or custom solution to validate priorities, redirect assumptions and uncover new opportunities. With offices around the world, analysts in over 100 countries, the latest data science techniques and market research on every key trend and driver, we help you make sense of global markets.
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CONTACT: Rand El-Samman
Senior Communications Executive - Euromonitor International
Tel: +971 (0) 4 372 4363
KEYWORD: HONG KONG SINGAPORE ASIA PACIFIC EUROPE IRELAND MIDDLE EAST UNITED KINGDOM UNITED ARAB EMIRATES
INDUSTRY KEYWORD: DESTINATIONS TRAVEL VACATION
SOURCE: Euromonitor International
Copyright Business Wire 2019.
PUB: 12/03/2019 12:00 AM/DISC: 12/03/2019 12:01 AM