BRIC economies shine in global outbound tourism spend

26 Apr 2018  2047 | World Travel News

Tourism spend is on the rise globally, with the Chinese coming in as the top spenders and Russia and Brazil making strong recovery last year, according to the latest UNWTO World Tourism Barometer.

All top 25 source markets, comprising emerging and advanced economies, in the barometer reported higher spending on international tourism in 2017.

Tourism spending up in all 25 top source markets in the Barometer

The BRIC economies are a standout. China consolidated its leadership as the biggest spender in travel abroad in 2017 with US$258 billion in expenditure (+5 per cent in local currency). The other BRIC economies also all substantially increased expenditure in 2017.

Rebounding from weaker spending in previous years are Russia, which climbed three places to re-enter the top 10 at eighth place with US$31 billion (+13 per cent), and Brazil, which moved up eight places to number 16 with US$19 billion (+20 per cent).

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