WTO World Tourism Barometer and preliminary results for international tourism in 2003

Author: Kester, John G.C.

Source: Tourism Economics, Volume 10, Number 1, 1 March 2004 , pp. 101-119(19)

Buy & download fulltext article:

Price: $28.00 plus tax (Refund Policy)

Abstract:

In 2003 WTO began to compile its WTO World Tourism Barometer, a thrice-yearly publication with the aim of monitoring the shortterm evolution of tourism. Preliminary full-year data, as included in the January 2004 issue, show that in 2003 tourism went through the third difficult year in a row due to the Iraq conflict, SARS and the continuing weak world economy. A fourth determining factor in 2003 was the strong and rapid movement of exchange rates, causing above all a redirection of tourist flows. Closer analysis of the evolution of tourism over the last three years reveals that the tourism sector of the USA was exceptionally hard hit by the combination of economic downturn and geopolitical uncertainty. With the world economy improving and the geopolitical climate more relaxed, prospects for 2004 look more promising.

Keywords: INBOUND TOURISM; INTERNATIONAL TOURIST ARRIVALS; WORLD; NORTH AMERICA; STATISTICS; TRENDS; WTO-OMT

Document Type: Miscellaneous

DOI: http://dx.doi.org/10.5367/000000004773166628

Publication date: 2004-03-01

More about this publication?

Tourism Economics, published bimonthly, is a peer-reviewed journal devoted to the economics and finance of tourism worldwide. Articles address the components of the tourism product (accommodation; restaurants; merchandizing; attractions; transport; entertainment; tourist activities); and the economic organization of tourism at micro and macro levels (market structure; role of public/private sectors; community interests; strategic planning; marketing; finance; economic development).
Subscribe to this Title
ingentaconnect is not responsible for the content or availability of external websites