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According to a report by PhoCusWright, the Asia Pacific Travel Market grew a whopping 17% in 2010, overtaking the US as the second-largest regional travel market in the world. Fueled by a recovering economic climate and strong growth in key emerging markets, APAC grew faster than all other regions to reach US$255.8 billion in 2010. To read more about the Asia Pacific travel market at hotelmarketing.com, please click here.