Tourism Poised for a Turn-around?

(Travel Agent - Nov 6, 2009) -- Good news may be just around the corner for those of us in dive travel and tourism. The United Nations World Tourism Oragnizations's (UNWTO) recent World Tourism Barometer survey reports that the world's tourism decline may be poised for a rebound with expectations of moderate growth for 2010. 

The recent report points out that while the overall decline in international tourist arrivals was 7% between January and August 2009, the high season months of July and August saw only a 3% decline in arrivals. These statistics, combined with recent economic data point to a bottoming out of the downward spiral. More than 330 industry experts who responded to the survey concur that confidence is picking up.    

While PricewaterhouseCoopers has downgraded its US lodging industry expectations, its survey of overall industry performance indicates that we are in the initial stages of economic and lodging demand recovery. 

Says Scott Berman, PwC principal and U.S. industry leader for hospitality and leisure.  "Barring any unforeseen circumstances from an operating perspective, the worst appears to be over."  

 ** This RSS Feed is brought to you by www.DiveTravelNewswire.com **