APAC tourism recovery to continue, albeit slowly: Fitch
KUALA LUMPUR: According to Fitch, the rebound in tourism in Asia Pacific (APAC) is anticipated to continue in 2024, but more slowly because of fewer favourable base effects. The company predicted that the region’s visiting volume will increase from 65% in 2023 to 92% of the 2019 level. This year, foreign tourism receipts in nominal…