Environment

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The Global Travel Market

According to the World Tourism Organization, global international travel hit a record high in 2018. Taiwan joined the boom, attracting more than 11 inbound visitors that year, writing a proud new page in the tourism sector. The Tourism Bureau also continued to develop more tourism markets, such as South Korea, Malaysia, and Europe to create a more diversified and sustainable tourism environment in Taiwan.

Overview of the Global Tourism Market

In 2018, the number of international visits worldwide rose by 6% to 1.4 billion, the second-fastest pace since 2010 and second only to 2017 (+7%). The fastest growing regions for international travel in 2018 were the Middle East (up 10%) and Africa (up 7%). Asia and Europe followed with a 6% gain (on par with the global average), while the Americas rose by 3%.

Statistics on International Tourism Markets for Inbound Visitors

Region Visits (Millions) YoY Increase (%)
2016 2017 2018 2017 2018
Global 1,241 1,328 1,403 7.0 5.6
Developed economy 687 730 766 6.3 5.0
Emerging economies 554 598 637 7.9 6.5
Europe 619.7 672.5 713.4 8.5 6.1
Nordic 74.0 78.4 78.9 6.0 0.6
Western Europe 181.6 192.7 204.2 6.1 5.9
Central / East Europe 127.2 133.8 141.9 5.3 6.0
Southern Europe / Mediterranean Region 237.0 267.5 288.4 12.8 7.8
Asia-Pacific 306.6 324.0 345.1 5.7 6.5
Northeast Asia 154.3 159.5 169.2 3.4 6.1
Southeast Asia 110.8 120.5 129.9 8.8 7.9
South Pacific 15.6 16.6 17.0 6.1 2.8
South Asia 25.9 27.5 28.9 6.2 5.2
America 201.3 210.8 217.3 4.7 3.1
North America 131.5 137.1 143.9 4.3 4.9
Caribbean 25.3 26.0 25.6 3.0 -1.8
Central America 10.6 11.1 10.8 4.6 -2.4
South America 33.9 36.6 37.0 7.7 1.2
Africa 57.8 62.7 67.1 8.5 7.0
North Africa 18.9 21.7 23.9 14.7 10.1
Sub-Saharan region 38.8 41.0 43.2 5.5 5.3
Middle East 55.5 57.6 59.9 4.1 3.8
Source:P.4, Volume 17 Issue 2, May. 2019, UNWTO World Tourism Barometer

Overview of Asian Tourism Markets

In 2018, South Korea was the fastest growing visitor destination in Asia in terms of number of visitor arrivals, growing at 15.1%. It was followed by Hong Kong at 11.4%. Taiwan was a major visitor source for the tourism markets of Hong Kong, Japan, and South Korea. It also maintained close exchanges throughout Asia.

Number of Inbound Visitors in Asian Tourism Markets in 2018

Arrivals Increasing arrivals Declining arrivals

Japan

31,191,856 visitors

8.7%

South Korea

15,346,879 visitors

15.1%

Taiwan

11,066,707 visitors

3.5%

Hong Kong

65,147,555 visitors

11.4%

China

141,120,000 visitors

1.2%

Malaysia

25,832,354 visitors

8.7%

Singapore

18,506,619 visitors

6.2%

Japan

31,191,856 visitors

8.7%

South Korea

15,346,879 visitors

15.1%

Taiwan

3.5%

Hong Kong

65,147,555 visitors

11.4%

China

141,120,000 visitors

1.2%

Malaysia

25,832,354 visitors

8.7%

Singapore

18,506,619 visitors

6.2%
Source: Japan National Tourist Organization, Hong Kong Tourism Board, Korea Tourism Organization, Singapore Tourism Bureau, Malaysia Tourism Promotion Board, China National Tourism Administration

Major Visitor Source Markets in Asia in 2018

Growth in Visitor to Taiwan
Hong Kong
Japan
Malaysia
Singapore
South Korea
Taiwan
Source: Japan National Tourist Organization, Hong Kong Tourism Board, Korea Tourism Organization, Singapore Tourism Bureau, Malaysia Tourism Promotion Board
Hong Kong
Japan
Malaysia
Singapore
South Korea
Taiwan
Source: Japan National Tourist Organization, Hong Kong Tourism Board, Korea Tourism Organization, Singapore Tourism Bureau, Malaysia Tourism Promotion Board