Hong Kong has held onto its title of the world’s most visited city for the ninth year in a row in market research firm Euromonitor International’s latest Top 100 City Destinations Ranking.
Singapore, currently in fourth place, is also set to outpace London and become the third most-visited city by 2025.
Asian cities dominate the ranking: there are 41 cities from the Asia-Pacific region in the 2017 list, compared to 34 in 2010. And this number is expected to grow to 47 by 2025.
A major factor behind the growth of international visitors to Asian cities is the “inexorable rise” of China’s outbound tourism market, which is the largest in the world, the report says.
It predicts that Hong Kong’s international visitor numbers will fall to 25.7 million during 2017, because of increased tensions with mainland China. But it expects the city to bounce back, with arrivals set to hit 45 million by 2025.
“Asia Pacific is the standout region driving change in travel,” said Wouter Geerts, Senior Travel Analyst at Euromonitor International, in a press release. “We expect the region to continue growing in the coming decade with Singapore overtaking London as the third most visited city in the world by 2025, giving the podium fully to Asia.”
Euromonitor says the performances of European cities have been affected by recent events such as the Eurozone crisis, the influx of refugees, Brexit and terrorist attacks.
But tourist magnets such as London and Paris remain resilient. And some destinations in Greece, Italy and Spain saw growth during 2016 as a result of unrest in the Middle East and North Africa.
Despite suffering terror attacks and the political turbulence around Brexit, London was Europe’s most visited city in 2016 with 19.2 million visitors.
In fact, a weaker pound as a result of the Brexit vote has helped attract more visitors to the UK.
In the longer term, though, the outlook for London is more gloomy, with Euromonitor predicting a slide to sixth place by 2025 as tourism rises faster in Asian cities.
The highest-placed US city in the ranking is New York, which remains in eighth position with 12.7 million visitors, just ahead of Shenzhen at 12.6 million.
Nigeria and India are making moves to explore opportunities in renewable energy development as part of the international agreements signed by both countries.Indian High Commissioner, Nagabhushana Reddy, at a Business meeting in Abuja, said the home government was committed to deriving at least 30 per cent of its power needs from renewable energy by 2030.
Reddy noted that exploring areas of cooperation in renewable energy would build on existing partnerships between both countries, especially as Nigeria, was member of the International Solar Alliance (ISA).
According to him, ISA intends to provide dedicated platform for cooperation among solar resource rich countries and mobilise $1 trillion funds for future solar generation, storage and technology across the world.He said: “We are opening a new chapter of India-Nigeria economic engagement by moving into the power sector relating to renewable energy. India had been present in Nigeria in the power sector mostly in the areas of distribution and transmission.”
Reddy also said that both countries would sign a Memorandum of Understanding (MOU) in the renewable sector to create a joint working group to develop projects for enhanced and effective collaboration.
Earlier, President of Abuja Chamber of Commerce and Industry, Kayode Adetokunbo, called on the Federal Government to harmonise policies on renewable energy to create single body for the implementation of relevant policies. Adetokunbo said: “There is no clarity in policies and we need all the advantages solar power and renewable energy can offer and put it in one agency that has multi-sectoral approach so that other relevant agencies can work together as a team.”
He added that promoting synergy among stakeholders would create jobs and fast track economic development in line with the government’s economic growth plan.A representative of Nigerian chapter of Associated Chambers of Commerce and Industry of India, Rajneesh Gupta, said that there are ongoing enlightenment campaigns on promoting renewable energy in Nigeria.
He said: “Simba Solar has been educating Nigerians on renewable energy technologies, and how it can deliver value. We are also training electricians and budding entrepreneurs that can key into these technologies to the end users.”“Electricity generation is fluctuating this year, peaking 5,090megawatts as government continued to show determination to produce an energy mix with 30 per cent component of renewable energy out of the gross energy produced by 2030.”
Source: The Guardian