// IP Marketing video - START// IP Marketing video - END

Tourism in Armenia grew 10.5% in 2018

Tourism in Armenia grew 10.5% in 2018

PanARMENIAN.Net - Tourism in Armenia grew 10.5% in 2018 year-on-year, the National Statistical Service reveals.

1.651 million international travelers arrived in Armenia in the reporting period against the 1.494 million in 2017.

The number of Armenians traveling abroad for leisure purposes grew 9.5% to 1.622 million in 2018.

Across the globe, international tourism arrivals grew by nearly 6% to 1.4 billion last year, according to preliminary figures out Monday, January 21 from the United Nations World Tourism Organization. That’s on top of 7% growth in 2017, and higher than the 4-5% growth the tourism body expected to see last year.

The UNWTO expects growth to slow further in 2019 to between 3 and 4 percent, “more in line with historic growth trends.” Stable fuel prices, more connectivity by air, and growth from emerging markets all lend to travel increases, but an economic slowdown combined with Brexit-related uncertainty and trade tensions could keep potential travelers grounded, the tourism organization said.

 Top stories
Upon the Board's approval, an amount equivalent to about $35.5 mln becomes immediately available to Armenia.
Armenia's foreign debts was down by $86.5 million as of March 2019, the government said in a Facebook post.
The number of tourists who visited Armenia in January-March has grown by 5.2% year-on-year, the National Statistical Service reveals.
As of January 31, Armenia's foreign debts stood at $5.547 billion, but as of March 31 it has come down to $5.488 billion.
Partner news