Asia Pacific Region The Largest Tourist Destination Essay

Asia is currently the largest tourist destination in the world. With increase of Chinese tourism industry and growing visitor numbers domestically and in Thailand as well an analysis by euromonitor128 states that Asia Pacific region holds half of top 20 destinations in the world and 32 out of 100 fall in this region. The Airline industry is made up of only passenger air transportation which include both scheduled and charted carriers. It excludes any other form of air transport. The Asia Pacific region which comprises of Australia, China, India,Japan,Singapore,South Korea and Taiwan has grown into one of the biggest markets in aviation industry in the world. Asia Pacific boasts of some big names in the airline industry which are also some of the largest airlines in the world. Quantas, Korean airways,AirChina,Singapore airlines and Japanese airways have major hub operations for both domestic and international operations. These carriers have a wide network and they facilitate convenien t one stop flights across the world. In 2013 there were at least 980 million passengers who travelled within the region itself. The future market forecasts estimate another 100 million new passengers who would enter the market.(PATA :Trends in Asia Pacific Aviation 2015) With such rapid growth of the industry both the airlines and the airports are amongst the top names in the aviation world. Over the last decade due to high levels of economic growth there has been a great increase in the industryShow MoreRelatedTourism : The Largest And Fastest Growing Economic Sector900 Words   |  4 PagesThe largest and fastest growing economic sectors in the world, (#2) is tourism. Tourism has created jobs through the economic growth as well as gained export revenues and helped the development of under pillaged countries, this growth has been unstoppable. 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