This is great news from the area’s ravaged by the Tsunami.
Visa card-holders are now spending more in most of the countries struck by last year’s tsunami than in the period just before the disaster, the payments company said on Monday.
Visa said card-holder spending in the tsunami-affected markets as a whole grew by about 8 percent from a year earlier during the week ending December 11, the same as for all of the Asia-Pacific region.
“It is a good sign for 2006 that these holiday destinations are now welcoming guests at sustainable levels,” James Murray, Visa Asia Pacific’s executive vice president for South and Southeast Asia, said in a statement.
Tourist spending in the week ending December 11 was up 23 percent from a year earlier in India and 12 percent in Thailand. Even Phuket, which had a tough time recovering from the December 26, 2004, tsunami, reported 8 percent growth, Visa said. CNN.