International tourism strong despite uncertain economy

International tourist arrivals grew by 4% between January and August 2012 compared to the same period of 2011 according to the latest UNWTO World Tourism Barometer. The resilience of international tourism in a continuing uncertain economy is further confirmed by the positive data on tourism earnings and expenditure.
The number of international tourists worldwide grew by 4% between January and August 2012 compared to the same eight months of 2011 (28 million more). With a record 705 million tourists up to August 2012, UNWTO remains confident that one billion international tourists will have travelled the world by the end of the year.
“This growth is a very positive result in view of the global economic situation. We must remain cautious, however, as we have also observed some weaker months during the year, a trend that might return in the remainder of the year,” said UNWTO Secretary-General, Taleb Rifai.
Growth slowed down in June (+2.7%) and July (+1.4%) as compared the first five months of the year (average of 5%), yet recovered in August at 4%, a positive result for the month that accounts for the highest volume of international tourism in the year.
UNWTO expects growth of 3% to 4% for the year as a whole, while forecasting a slight slowdown in demand for 2013 (+2% to 4%).