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Diaspora tourism set to drive industry`s future
Tuesday, November 13, 2007
REPORT - LONDON - WTM 2007: With the prediction that by 2031 the population of the UK will rise to over 70 million, with 70% of the rise over the next twenty years attributable to immigration, a new type of tourism is set to have a major impact on the travel industry – Diaspora tourism.

 

With projected net immigration projected at 230,000 each year until 2012, many immigrants are looking to return to their roots, making the most of cheaper travel, thanks to an increase in low cost carriers serving Eastern Europe.

Outlined in the World Travel Market Global Trends Report 2007 released today (Monday), in partnership with market intelligence firm Euromonitor International, Diaspora tourism can be divided into three distinct segments – heritage, residential and festival.

“Heritage tourism is predominantly driven by Diaspora tourists that wish to discover their ancestry and heritage”, said Fiona Jeffery, Chairman of World Travel Market.

“Heritage tourists tend to be older and from middle income groups travelling back to their home country for one or two weeks and stay in hotel or private accommodation. They often use the services of a local to help them trace their family background and take short language or culinary courses. They tend to travel with their immediate families who account for 21% of leisure arrivals to Eastern Europe with a 4% growth over 2005-2006.”

“Residential tourists encompass Eastern Europeans that live and work abroad who have invested or plan to invest in property in their country of origin whilst Festival tourists include Diaspora tourists travelling back for important events and festivals such as Easter, Christmas, weddings and christenings. They spend more when they return to their home country on shopping and entertainment as costs are much lower than in their adopted country.”

Clement Wong, Euromonitor’ Global Travel and Tourism Research Manager said: “Some travel outlets are now beginning to cater to the influx of Eastern Europe travellers by creating niche agencies that provide resources for Diaspora tourists. We’ve also seen some tourism boards, particularly Slovakia, targeting their own countrymen abroad as a way to compensate for the fall in domestic tourism.”

Theodore Koumelis - Tuesday, November 13, 2007
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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