UNWTO reported (07-Sep-2011) international tourist arrivals rose 4.5% year-on-year to 440 million in the first six months of 2011. According to the tourism body, growth in advanced economies (+4.3%) is closing the gap with emerging economies (+4.8%), which have been driving international tourism growth in recent years. So far, international tourism growth is in line with the UNWTO’s initial forecast of 4% to 5% for full year 2011 issued in early 2011. [more - original PR]
UNWTO: “We must remain cautious as the global economy is showing signs of increased volatility. Many advanced economies still face risks posed by weak growth, fiscal problems and persistently high unemployment. Simultaneously, signs of overheating have become apparent in some emerging economies. Restoring sustained and balanced economic growth remains a major task,” Taleb Rifai, Secretary-General. Source: UNWTO, 07-Sep-2011.