Tag: Tourism Economy
Indonesia to launch tourism investment forum ITX 2026
Indonesia’s tourism and hospitality sector will gain a new national industry platform with the launch of Indonesia Tourism Xchange 2026 (ITX 2026).
Scheduled for May...
South-east Asia cruise tourism contributes US$10 billion output, study finds
South-east Asia’s cruise industry generated US$10 billion (S$12.9 billion) in total economic output in 2024, accounting for five per cent of global cruise industry...
Malaysia tourism sector calls for support as diesel costs rise
Rising diesel prices are placing mounting pressure on Malaysia’s tourism sector, with industry bodies warning of operational strain and calling for urgent government intervention.
In...
Thailand rolls out targeted fuel subsidies ahead of Songkran travel
Thai tourism stakeholders are bracing for logistical cost fluctuations as the government implements targeted fuel subsidies to stabilise domestic transport networks ahead of the...
Asia-Pacific visitor arrivals to exceed pre-pandemic levels from 2026, PATA forecasts
International visitor arrivals to Asia-Pacific are expected to exceed pre-pandemic levels from 2026, according to the PATA Asia Pacific Visitor Forecasts 2026-2028.
The report projects...
Asia’s tourism industry faces operational challenges as fuel shortage hits
The escalating US-Israel-Iran war, which has impacted Middle Eastern energy infrastructure and choked oil exports bound for Asia via the Straits of Hormuz, is...
WTTC forecasts US$600 million daily hit to Middle East tourism spending
The escalating conflict in Iran is already affecting the travel and tourism sector across the Middle East, with international visitor spending estimated to be...
Tomorrowland model to boost local Thai economy
Organisers of Tomorrowland Thailand – the event’s exclusive Asia edition under a five-year commitment – have launched official ticket sales on February 28, 2026.
The...
China to lead global outbound growth by 2030
Chinese outbound travellers, the third-largest source of visitors and the largest source of international tourism spending in 2019, are projected “to recover in aggregate...
Middle East travel industry responds to new US tariffs
Tourism industry stakeholders are cautiously assessing the long-term impact of the new tariffs announced by US president Trump on regional travel flows, corporate spending...
