Outbound travelers from four major Asia Pacific markets accounted for close to one-fifth of global travel spending last year, highlighting the region's burgeoning travel appetite, according to a new report from Mastercard.
made up 18.5% of global travel spend within the world's top 200 cities in 2018 — up from 11% a decade earlier, Mastercard's new "Global Destination Cities Index: Origins" study found.
The report, which draws on data from third-party sources including the World Travel & Tourism Council, examined the total number of international overnight visitor arrivals in 2018 to find the world's leading outbound travel markets. It comes as part of wider Mastercard research into the global travel industry, set to be released later this year.continued to contribute the greatest number of overnight international arrivals to the top 200 cities in 2018, accounting for 9.
Not only has this region's spend contribution to global travel expenditure nearly doubled in the last decade, but we've barely scratched the surface in terms of percentages of the populations that are traveling overseas.
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