In 2027, Southeast Asian tourism is expected to reach 100 billion USD

05/05/2022 161 0

Due to the impact of the Covid-19 epidemic, Southeast Asia's tourism industry has been severely affected. The easing of travel restrictions will spur a strong recovery in the tourism and hospitality sectors in Southeast Asia, according to a report by research and consulting firm Redseer.

Southeast Asia is considered a suitable location for ecotourism due to its many natural destinations. Moreover, many governments have also taken advantage of the Covid-19 pandemic period to turn some places into sustainable tourism destinations.

Along with that, countries like Indonesia and Thailand are ready for a drastic change when these two countries are the most popular with tourists. Vietnam, Singapore, and the Philippines have also relaxed most of the travel restrictions, and this has made movement between these countries almost smooth and is returning to the way it was before the Covid-19 pandemic. With all countries in the region further easing travel policies, Redseer expects tourist arrivals to increase in the coming months.

The current recovery momentum will benefit the tourism and hotel segments. Tourist arrivals and hotel occupancy rates are expected to increase sharply in 2022. This strong investment will have a positive impact on the travel and tourism industry in the coming years by improving quality. services and experiences for tourists as well as making travel more convenient.

Nguyen Yen

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