Emerging Outbound Markets: Looking Ahead in Uncertain Times

Introduction

Scope

Key findings

Economic Update

Economic polarisation at work

Misery index shows stagnation in advanced economies

Demographic growth boosts emerging middle class

Income growth slowdown for emerging markets, but on right track

Income tipping point for outbound travel

Worst case s cenario for tourism d emand

Tourism Performance

Emerging markets' growing importance for outbound tourism

Millionaires departure club

Leader board for additional outgoing expenditure

BRICs: Long-term outbound appeal

Brazil outbound in focus

D estination Asia: Arrivals 2011

Intra-regional travel remains mainstay of Asian demand

Matrix of average incoming spending in Asia

Category Developments

Asia at core of emerging demand, driven by air transportation

Middle East air boom will play a pivotal role

Asia hotels witness aggressive expansion

Emerging markets lead hotel pipeline development

Online and mobile drive travel sales

Opportunities and threats

Report Definitions

Definitions

List of developed and emerging countries

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