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More than half of the top trend travel destinations of the summer are located in Asia -NBC Connecticut

  • According to a report by the Mastercard Economics Institute, Asia houses more than half of the 15 most important travel destinations of this summer.
  • Tokyo and Osaka made the list, followed by Shanghai, Seoul, Beijing and Singapore, with Vietnams NHA Trang and Japan's Fukuoka with the name 11. and 13th place.
  • The report also showed that Asian consumers are more motivated due to foreign currency fluctuations to travel from other parts of the world compared to travelers.

In Asia, more than half of the 15 emerging travel destinations of this summer live. This emerges from a report published on Monday by the Mastercard Economics Institute.

Tokyo and Osaka made the list in which the summer flight bookings for 2024 and 2025 were compared to find the places with the greatest growth among travelers.

The ranking shows another interest in Tokyo, which is in second place on the list of last year's list.

Paris is number 3 on the list and reflects a decline in travelers in the summer of 2024, followed by Shanghai to 4th place.

Beijing, Seoul and Singapore complete the top 10 list together two cities in Spain, Palma de Mallorca and Madrid and Brazil's Rio de Janeiro-mit two less well-known places in Asia, Vietnams NHA Trang and Japan's Fukuoka on 11th and 13th names.

The report showed that interest in visiting Asian cities is mainly driven by Asian, European and American travelers.

Asia also leads the summer tender list for travelers in the Middle East, although there is an increasing interest in vacation in Thailand – not for Japan. Summer flight bookings by travelers from the Middle East, which increased the most, were for Bangkok, followed by New York, then Phuket, as the report showed.

Exchange courses are important – for some

Tokyo was the most visited city in the world in 2024, since the search for the value was attracted by the deprived Japanese yen, which has reached the weakest level against the US dollar since 1986.

The depreciation of the yen was partly reversed – the currency reached on Tuesday 147.98 on Tuesday compared to the Greenback – but according to the report of the Mastercard Economics Institute, it is probably still an essential factor that visitor draws.

Currency fluctuations are more important for Asian travelers than others, as it showed.

The report showed that a devaluation of the yen 1% led to an increase in visits by 1.5% from the Chinese mainland, compared to 0.2% compared to Germany, France and New Zealand.

Similarly, a decline in the US dollar led 1% to more visits in the USA from Taiwan, Singapore, South Korea and India, as the report showed.

However, British travelers are largely insensitive to currency fluctuations. Despite the currency decline in Australia, Hong Kong, Japan, Switzerland and the United States, their travel patterns remained stable, as the report showed.

“Meis analysis shows a trend: travelers from Asia are usually more sensitive to exchange rate shifts … [it’s] An element that contains prominently in its outgoing travel planning, “it says.

Other travel stories

The report also found that economic and political factors postponed travel preferences well before the summer season.

More people travel to Saudi Arabia, especially after Jeddah and Riad, which was brought about through the economic efforts of the government and the reinforced investments and business trips to the country, the report says.

However, the United States has a decline in international visits, especially among the Canadians.

In a report published on April 23 from JPMorgan, it stood that foreign trips to the United States had clear signs of weakening. The international Air arrivals decreased by almost 5% in February, although expectations that the month will grow from foreign visitors to foreign visitors.

In 2024, foreign expenses in the United States achieved $ 215 billion or 0.7% of the country's gross domestic product. A decline in foreign travelers by 10% would therefore have an impact of less than 0.1% on the growth of gross domestic product, it said.

“Nevertheless, a downturn in the tourism sector and the educational sector was essential: Foreigners made 6% of tourism demand in 2023 and over 10% for hotels and restaurants, and they also make up 6% of university advertisements.”

In this scenario, the weakness in the US dollar could go to visit more. According to the JPMorgan report.

This may be the case with Asian tourists who made up 40% of foreign travel expenses in the United States in 2023, it said.

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