Intra-regional tourism is important for ASEAN’s tourism revival after COVID-19.

Tourism Destination Industry Insight- ASEAN (2021)." From 2019 to 2024, intra-ASEAN travel is projected to rise at a compound annual growth rate (CAGR) of 5%, reaching 56.6 million by 2024. Given the high rate of development

(C) Séamus McGuire

In 2019, 44.3 million tourists traveled between ASEAN countries, according to GlobalData’s latest report, “Tourism Destination Industry Insight- ASEAN (2021).” From 2019 to 2024, intra-ASEAN travel is projected to rise at a compound annual growth rate (CAGR) of 5%, reaching 56.6 million by 2024. Given the high rate of development, intra-regional travel may be critical to the region’s recovery from COVID-19’s effects. In 2020, the virus decreased intra-regional travel by 36.9% year over year, to a low of 27.9 million arrivals.

“In 2019, intra-regional travel accounted for 32.3 percent of all visitors, highlighting the value of regional links,” said Gus Gardner, a travel and tourism analyst at GlobalData. Travelers will be eager to travel and will be more likely to prefer destinations closer to home as their budgets are exhausted and COVID-19 exhaustion sets in. With the provision of relaxed visa policies between the member states, the barriers to travel are low and will help increase the intra-regional flows post-COVID-19.”

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Gardner concludes: “Due to recent demand liberalization, the market for low-cost airline connectivity has become saturated. These carriers’ low fares and high route frequency have resulted in a large linked network across the country, lowering fares and making travel more affordable. With personal financial issues rising as a result of COVID-19, flight availability and affordability will be critical in improving tourism flows in the near future.”

“Even after taking COVID-19 into account, intra-regional travel is expected to rise at a healthy pace. Destinations within the region are expected to rise in popularity as a result of cultural similarities and strict measures to combat the virus. This form of travel would bring in much-needed revenue for travel companies and could help to revitalize the tourism industry before people start traveling further abroad again.”