One in ten of all tourism investment dollars will go into ASEAN countries over the next ten years, according to new research by the World Travel & Tourism Council (WTTC).
According to the ‘Travel & Tourism Investment in ASEAN’ research, during the years 2016-2026, 9.7% (nearly 1 in 10 dollars) of global investment in Travel & Tourism will be in ASEAN countries.
Travel & Tourism investment in ASEAN over the next decade is set to total US$782 billion, which is 7.4% of all investment in the region. This represents growth of 6.3% per year, nearly two percentage points faster than the global average.
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ASEAN market to get tenth of world’s tourism investment