The bar chart and table illustrate the number of international tourists visiting XCountry and the annual income generated by its tourism-related sectors in 2007 and 2008.
Overall, the number of foreign visitors fell sharply across all regions in 2008, leading to a substantial decline in revenue across every area of the tourism industry.
In 2007, XCountry attracted large numbers of tourists from all four regions, with China & Japan and Australia contributing the most, at roughly 3,000 and 2,800 visitors (in thousands), respectively. Europe and the US & Canada followed closely, each bringing in around 2,200. However, in 2008, arrivals dropped dramatically in all regions, most notably from the US & Canada, where figures plunged from 2,200 to just 500.
This sharp fall was mirrored by the decline in the industry’s earnings. The Hotel & Resort sector, previously the most profitable at $3.5 million, saw its income collapse to only $0.5 million. Similarly, Restaurants, Bars, and Souvenir Shops lost nearly half their revenue, decreasing from $2.4 million to $1.2 million. Income from Transportation & Travel Agents and Tour Guides & Small Vendors also fell, to $0.4 million and $1.1 million, respectively, confirming a widespread economic downturn in the tourism sector.