Southeast Asia Travel Market Report 2020-2024

Ayutthaya Temple Thailand

In September 2021, Gary Bowerman authored a new Southeast Asia travel and tourism report covering the first half of the decade

Published by US-based Phocuswright, the Southeast Asia Travel Market Report 2020-2024 analyses four key regional markets: Indonesia, Malaysia, Singapore and Thailand. It also assesses the impact on travel to, from and mourned those countries of markets across Asia Pacific and worldwide.

South East Asia is usually defined as the 10 members of the Association of Southeast Asian Nations (ASEAN). These are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. This vast region has a total population of more than 655 million people and hugely diverse geographies, cultures and socio­economic structures. Southeast Asia is comprised of seven mainland nations, plus the tiny sultanate of Brunei on the island of Borneo (which it shares with Malaysia and Indonesia) and two sprawling archipelago nations, Indonesia and Philippines.

The report focuses on four of Southeast Asia’s historically strongest travel markets: Indonesia, Malaysia, Singapore and Thailand.

It provides comprehensive market sizing and projections for the South East Asia travel industry from 2020-2024, including analysis of key segments, country­-level share and trends, distribution dynamics and more.

“The Southeast Asia travel market is emerging as a fascinating player in the broader Asia Pacific region. Including the nations of Indonesia, Malaysia, Singapore and Thailand, the region had seen an unprecedented boon in recent years. With the onset of COVID-19, the travel industry shrank 74% in 2020 from its 2019 size. Recovery and developments will vary, due in large part to the emergence and spread of the Delta variant and the availability and distribution of effective vaccines across the region.  “

Gary joined Phocuswright as a Travel Research Analyst, Asia Pacific, in 2021, and will continue to work with the team in 2022.

CLICK HERE for more details or to order the Southeast Asia Travel Market Report 2020-2024

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