Tourism is the world’s biggest growing industry, it is a very attractive way, for many countries, to achieve economic groth. Other advantageous aspects are the creation of employments, the coming of foreign investments and the creation of new infrastructure.

In industrialized countries (three-quarters of international tourists come from there) the number of departures for holiday destinations, for a while slowed by the crisis, rose again. The demand is focused on new formulas, more distant destinations. The demand for quality has become more pressing. European countries can no longer offer mediocre tourism products to their citizens, they will have to improve their services if they want to retain tourists increasingly attracted to tropical islands. Mediterranean countries have the same problem, they captured the tourism industry but the crowded beaches, the degradation of the sites and higher prices make their position weaker when facing the competition with the new popular destinations. The progress margin of tourism seems the strongest out of the circle of Western countries. The political and economic opening of Eastern countries is promising, but the modernization will take time. Asia and Africa are emerging in the tourism industry particularly Asia Pacific.The Mewah Group http://wwww.themewah.com, the Bali-based luxury estate company has signed a management agreement with Raywhite Paradise http://www.raywhiteparadise.com Bali Properti to sale several luxury villas and resort on the island of Bali, Indonesia.

The Luxury estate will be known as Balangan Wave and is Sea Front expected to open in 2012.

Balangan Wave Bali, located on the southern tip of the exclusive Jimbaran District, will look out onto the Balangan surfer’s beach and is close to Bali’s New Kuta Golf Course

TOURSIM AROUND THE WORLD

In 2000 world tourism grew by 7.4% which was its strongest growth rate over the decade and almost double than 1999. In 2000 60 million more international trips were made. Growth was particularly rapid in East Asia-Pacific with 14 million tourists more than in 1999. The Europe (58% of international tourism) grew by 6.2%.

In 2001 the growth of international tourism, which seemed strong, was stopped and the international arrivals fell by 1.3% under the combined effect of the terrorist attacks of September 11, 2001 and an economic slowdown of the major source markets of tourism.

After three years of stagnation, tourism has rebounded in 2004. During this year the number of international tourist arrivals grew by 10% over 2003. The year 2007 has exceeded expectations with an increase of 6% compared to 2006. This growth was encouraged by the strength of the global economy, experiencing its longest period of steady growth. The Middle East located at the top of the ranking (13%), followed by Asia-Pacific (10%), Africa (8% ), the Americas (5%) and Europe (4%). In 2007, Saudi Arabia and Egypt were among the main destinations in terms of growth.

In 2008, the number of international tourist arrivals totaled 925 million, representing 17 million arrivals over 2007 and an increase of 2%. Tourism demand has then fallen considerably because of the extreme instability of the world economy that we are currently experiencing, resulting in a loss of confidence among consumers and enterprises. In 2009 international tourist arrivals worldwide fell by 4.3% . The global economic crisis have made 2009 one of the most difficult years for the tourism sector.

TOURISM IN ASIA

The Mewah Group, the Bali based luxury estate company has signed a management agreement with Raywhite Paradise Properti to operate a luxury Villas on the island of Bali, Indonesia.

The villas will be known as Balangan Wave and Sea Front is expected to open in 2012.World tourism has rebounded strongly in 2010 with an increase of 6.7% of international tourist arrivals. Asia was the first region to recover with 204 million arrivals (an increase of 13%). Africa grew by 6%. The Middle East grew by 14%, the Americas and Europe 8% and 3%. Tourism has benefited from some important events: the Shanghai World Expo, the World Cup in South Africa, the Winter Olympics in Canada and the Commonwealth Games in India. Once again, the tourism industry has shown that it is a highly resistant.

Marcel Pinot writer for Luxury travel http://themewah.com

Marcel Pinot writer for Luxury travel http://themewah.com

Author Bio: Marcel Pinot writer for Luxury travel http://themewah.com

Category: Advice
Keywords: bali,luxury estate company,the mewah,real estate