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Travel & Tourism sector impact
ASIA DOMINANCE 7% direct contribution to GDP by 2034, positioning Asia as the world’s fastest-growing tourism economy CHINA AND INDIA LEAD Accounting for 25% of international outbound travel by 2030
Aviation 2025 FORECAST
3.6bn air passenger traffic +5.6%-9% v. 2024 Region contributing 50% of global growth
Cruise 4.03mn cruise passengers from Asia & Oceania in 2024 +9.8% v 2023 2.65mn from Asia & China +1.5% v 2023 1.33mn from Australia/New Zealand/Pacific +3.8% v 2023
Investment in transport
$17bn: Long Thanh International Airport, Ho Chin Minh, Vietnam 100mn passenger capacity 5,580 hectares 2050 completion TOURISM SUCCESS STORIES ECONOMIC IMPACT PREDICTIONS Australia A$314bn economic impact in 2025 11.4% GDP contribution 1.7mn jobs 11.5% of national employment A$39bn international
BY 2035 A$406bn economic impact 12% GDP contribution 2.1mn jobs A$52bn international visitor spend
visitor spend +22% v 2024
SOURCES: UN TOURISM, PATA, WTTC, OXFORD ECONOMICS, IATA, ACI ASIA PACIFIC, CLIA, EUROMONITOR INTERNATIONAL, WORLD ECONOMIC FORUM, JNTO, INTERAIRPORT SOUTHEAST ASIA
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