International tourism exceeds expectations with arrivals up by 52 million in 2013 International tourist arrivals grew by 5% in 2013, reaching a record 1,087 million arrivals, according to the latest UNWTO World Tourism Barometer. Despite global economic challenges, international tourism results were well above expectations, with an additional 52 million international tourists travelling the world in 2013.
For 2014, UNWTO forecasts 4% to 4.5% growth – again, above the long term projections. Demand for international tourism was strongest for destinations in Asia and the Pacific (+6%), Africa (+6%) and Europe (+5%). The leading sub-regions were South-East Asia (+10%), Central and Eastern Europe (+7%), Southern and Mediterranean Europe (+6%) and North Africa (+6%). “2013 was an excellent year for international tourism” said UNWTO Secretary-General, Taleb Rifai. “The tourism sector has shown a remarkable capacity to adjust to the changing market conditions, fuelling growth and job creation around the world, despite the lingering economic and geopolitical challenges. Indeed, tourism has been among the few sectors generating positive news for many economies”, he added. UNWTO forecasts international arrivals to increase by 4% to 4.5% in 2014, again above its long-term forecast of +3.8% per year between 2010 and 2020.
Tourism was strongest for destinations in Asia and the Pacific (+6%)
The UNWTO Confidence Index, based on the feedback from over 300 experts worldwide, confirms this outlook with prospects for 2014 higher than in previous years. “The positive results of 2013, and the expected global economic improvement in 2014, set the scene for another positive year for international tourism. Against this backdrop, UNWTO calls upon national governments to increasingly set up national strategies that support the sector and to deliver on their commitment to fair and sustainable growth”, added Mr Rifai. 2014 regional prospects are strongest for Asia and the Pacific (+5% to +6%) and Africa (+4% to +6%), followed by Europe and the Americas (both +3% to +4%). In the Middle East (0% to +5%) prospects are positive yet volatile. Europe welcomes most of the new arrivals Europe led growth in absolute terms, welcoming an additional 29 million international tourist arrivals in 2013, raising the total to 563 million. Growth (+5%) exceeded the forecast for 2013 and is double the region’s average for the period 2005-2012 (+2.5% a year). This is particularly remarkable in view of the regional economic situation and as it follows an already robust 2011 and 2012.
By sub-region, Central and Eastern Europe (+7%) and Southern Mediterranean Europe (+6%) experienced the best results. In relative terms, growth was strongest in Asia and the Pacific (+6%), where the number of international tourists grew by 14 million to reach 248 million. South-East Asia (+10%) was the best performing sub-region, while growth was comparatively more moderate in South Asia (+5%), Oceania and North-East Asia (+4% each).
In relative terms, growth was strongest in Asia and the Pacific (+6%), where the number of international tourists grew by 14 million to reach 248 million. South-East Asia (+10%) was the best performing sub-region, while growth was comparatively more moderate in South Asia (+5%), Oceania and North-East Asia (+4% each)
The Americas (+4%) saw an increase of six million arrivals, reaching a total of 169 million. Leading growth were destinations in North and Central America (+4% each), while South America (+2%) and the Caribbean (+1%) showed some slowdown as compared to 2012. Africa (+6%) attracted three million additional arrivals, reaching a new record of 56 million, reflecting the on-going rebound in North Africa (+6%) and the sustained growth of Sub-Saharan destinations (+5%). Results in the Middle East (+0% at 52 million) were rather mixed and volatile. Russia and China – leading in growth in 2013 Among the ten most important source markets in the world, Russia and China clearly stand out. China, which became the largest outbound market in 2012 with an expenditure of US$ 102 billion, saw an increase in expenditure of 28% in the first three quarters of 2013. The Russian Federation, the 5th largest outbound market, reported 26% growth through September. The performance of key advanced economy source markets was comparatively more modest. France (+6%) recovered from a weak 2012 and the United States, the United Kingdom, Canada and Australia all grew at 3%. In contrast, Germany, Japan and Italy reported declines in outbound expenditure.
Other emerging markets with substantial growth in outbound expenditure were Turkey (+24%), Qatar (+18%), Philippines (+18%), Kuwait (+15%), Indonesia (+15%), Ukraine (+15%) and Brazil (+14%).
Silver, Room 66
This display explores the rich traditions of silver in the Malay world. Intricate ornament drawn from geometry and nature decorates dining vessels, clothing accessories and ceremonial regalia.
Silver from the Malay World features rarely seen collections acquired by three prominent colonial administrators, R.J. Wilkinson, R.O. Winstedt and Cecil Wray, who were stationed in British Malaya at the turn of the 20th century. The display also shows the V&A’s first ever acquisition of Malay metalwork: electrotype copies of the Perak royal regalia commissioned by the Museum in 1887.
L’Oréal opens its largest factory in Indonesia to meet the rising demands of the South-East Asian beauty market
irror, mirror on the wall, who’s the fairest of us all? Words that can’t be taken lightly anymore, with the beauty market growing leaps and bounds worldwide, not batting its mascara-ed eyelids even to the ongoing recession. And keeping up with this trend is the South-East Asian region, where looking good has never been more important. So much so, that cosmetic giant L’Oreal has recently invested 100 million euros to open its largest factory yet in Indonesia, which will serve as the production hub for South-East Asia. 66,000 metre square of building space to keep up with the increasing demands of the region’s beauty market.
THE BEAUTY BOOM IN SOUTH-EAST ASIA
The group has been operating a factory In Indonesia since 1986, which is why Jean-Philippe Blanpain, L’Oreal’s Executive Vice-President of Operations believes the country is the perfect choice for L’Oreal’s ASEAN (Association of SouthEast Asian Nations) production hub. L’Oreal aims to reach one billion new consumers in the next decade, and foresees the fast-rising demand in Indonesia and ASEAN as the new frontiers of growth.
“With the highest growth of the group in Asia Pacific, Indonesia is a key contributor to the L’Oréal objective of reaching one billion new consumers. The Jababeka plant reflects our confidence in the continuous expansion of the Indonesian market,” affirmed Jochen Zaumseil, L’Oreal’s Executive Vice-President, Asia Pacific Zone.
Records show that the past four years have seen a tremendous growth in the beauty and cosmetics market in the region. And it’s not just L’Oreal that’s cashing in on this booming market. Latest research from Mintel reveals that the colour cosmetics market accounts for nearly a third of sales in many Asian countries and US-based NYX Cosmetics has also made its move into the region with its ‘affordable luxury’ line. Other companies in the beauty and cosmetics market in the region released sales figures for the first half of 2012 that showed a strong growth in spite of the current global market.
CONTRIBUTION TO LOCAL ECONOMY
An additional benefit to the Indonesian economy will be a growth in local employment; with a larger unit, there will be more scope for employment of local workers. In addition, the new factory will use indigenous materials and suppliers for the most part, thus pumping more money into the economy and helping the development of the industrial sector in Indonesia. In fact, ASEAN has stated that this could be an ideal model for other industries in the region.