1、Paying in South AsiaREPORTNovember 2024Produced by Research&IntelligenceMike EggletonFigure 1:Average annual growth in arrivalsPaying in South AsiaThe prospects are encouraging for international travel to countries in South Asia.Having averaged 6.0%in the five years before the COVID-19 pandemic,Tour
2、ism Economics believes growth in international arrivals across South Asia will strengthen to 8.4%annually over the next five years.India,Sri Lanka,and Pakistan in particular,can expect to see stronger annual growth in foreign visitors through 2029,according to latest forecasts(Fig.1).While a signifi
3、cant slowdown in growth is expected for Bangladesh,this compares to a particularly strong performance in the pre-pandemic period,when arrivals had been increasing by almost one-fifth per year.At 7.4%,the annual growth predicted for Bangladesh is not far below the 8%forecasted for India or the 9%pred
4、icted for Sri Lanka.So,where is all this growth coming from?Arrivals from elsewhere in Asia Pacific(Northeast and Southeast Asia plus Southwest Pacific),Europe and North America should all grow more quickly than in the past and above the 8.4%average expected for 2024-2029(Fig.2).Above average growth
5、 in arrivals from outside South Asia may mean more people traveling for the first time to a country,with which they have little or no familiarity.You may be one of those people about to take a business trip to Bangladesh,India,Pakistan or Sri Lanka for the first time.While we cant guide you through
6、every eventuality,we can help you prepare for paying your way in what might be a completely unfamiliar destination.In this new report,we explore how you can expect to pay for things when taking a business trip to Bangladesh,India,Pakistan or Sri Lanka.If youre a travel manager with staff traveling t
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