Asian growth pushes global tourism beyond 1.2bn arrivals

The world’s destinations welcomed a combined total of 1.235 billion international overnight visitors in 2016, driven by the strength of the Asian market. According to the full-year data released this week by the UNWTO, global tourist arrivals increased by 3.9% in 2016, as an additional 46 million travelled overseas compared to 2015. And this growth was led by destinations in the Asia Pacific region, which increased 8% year-on-year, with an additional 24m arrivals taking the region’s total to 303m. This means that Asian destinations now handle approximately a quarter of…

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Seychelles marks annual growth of 42% on Indian arrivals

Seychelles recorded 42% annual increase in tourist arrivals from India in 2016 compared to 2015. Around 11,000 tourists from India visited Seychelles in 2016 compared to around 8,000 in 2015 and as a result India broke into the list of top 10 source markets for the tourism board. This increase can be attributed to the India tourist office’s committed focus on promotion of the destination, interest and efforts from the hotels and DMCs to capture the Indian market, increased customer awareness due to Bollywood associations and innovative digital presence along…

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Alibaba Scores Record Growth And Beats Estimates As Mobile Revenue Soars, Topping Desktop For The First Time

Alibaba recently unveiled its Q2 2016 results, with the marketplace showing tremendous growth as revenue from its mobile users surpassed that of desktop users. The e-commerce vendor’s revenue rose to RMB 32.2 billion ($4.8 billion), placing it 59 percent higher than last year. The growth itself is formidable, being the highest since Alibaba initiated the largest U.S. IPO in history when it started public trading in September 2014. The blooming business model is even more commendable as China’s economy contracted during the last year. Alibaba’s marketplaces in China managed to…

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