Asia has always been a strong player in the tourism industry and in 2013 it has managed to escalate its status in the industry despite including
despite the falling rupee
In an uneven global economic environment, tourism results have been more than positive in most regions of
Asia as compared to the rest of the
world in the first half of 2013. Asia and the Pacific saw a 6% rise which has
exceeded all expectations, boosted by South-East Asia with a 12% growth and
South Asia observed 7% rise in tourism.
The impact of this growth is seen in every sector of tourism generating employment and trying to attain stability in the volatile market. The hotel industry according to STR did see a dismal start at the beginning of the year but managed to revive its gains after the Chinese New Year with
Southeast Asia, Australia
and Oceania reporting an almost 6.0-percent
increase in ADR. Some countries in Asia are
doing excellently while others are experiencing setbacks due to the raising
dollars. But despite the economic juggernaut Asia's
soaring hotel industry should make a convincing read in our theme story.
For better glimpse of
Asia there is a lot to read in this month's edition along
with the regular features of our magazine. We are hoping that you will enjoy
and send your feedbacks.
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Mr. Anup Kumar Keshan