Dimmer outlook for inbound tourism segment

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SaigonTimes English - 11 month(s) ago 15 readings

Dimmer outlook for inbound tourism segment

HCMC – The number of international tourists to the country has gone up 13.9% year-on-year to over 3.63 million in the year to date but it has strongly plunged in the two recent months, putting higher pressure on inbound tour operators in the rest of the year.

Dimmer outlook for inbound tourism segment

By Dao Loan - The Saigon Times Daily

South Korean tourists pose for a group photo inside the HCMC Post Offi ce on Sunday. The number of arrivals from South Korea rose among the highest in the fi rst half, at 41.3% year on year, against the backdrop of a gloomier outlook for the country’s inbound segmentn - Photo: Dao Loan
HCMC – The number of international tourists to the country has gone up 13.9% year-on-year to over 3.63 million in the year to date but it has strongly plunged in the two recent months, putting higher pressure on inbound tour operators in the rest of the year.

According to the General Statistics Office, there were over 417,000 foreigners traveling to Vietnam in June, a fall of 8.8% year-on-year. The country in May also witnessed international tourist arrivals dipping, making up only 95.6% of that in the year-ago period.

Enterprises in the inbound tourism segment attributed slowing tourism demands from foreign tour buyers to current economic slump. They noticed the same situation also occurred in other nations, with fewer customers booking for international fairs.

“In general, the local tourism industry this year will be facing more difficulties due to declining foreign tourist arrivals, especially from the European market,” said Vo Anh Tai, director of Saigontourist Holding Company.

Local tour operators acknowledge the need to revise tour prices down to woo customers in the current context but they all find the solution impossible given an upsurge in input costs in the industry.

Arrivals from China, as the country’s biggest visitor-generating market, have posted lower growth rate in the year’s first half, at a mere 3% as observed by the office. Meanwhile, the number of Japanese tourists has sharply increased by 22.8% compared to 11.7% recorded in the same period last year and that of South Korea has risen by 41.3% compared to 3.7% in the previous year.

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