IMAGES

  1. Chart: Where Tourism Gives The Biggest Economic Boost

    economy travel market

  2. Travel Activities Market to Reach $183 Billion by 2020: Phocuswright

    economy travel market

  3. Tourism Market Research: Trends 2023 in the UK

    economy travel market

  4. The U.S. has the world’s largest travel industry

    economy travel market

  5. 6 Key Travel Industry Growth Statistics

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  6. Five Charts That Explain the Size of the Global Travel Industry in 2015

    economy travel market

COMMENTS

  1. What are the latest travel trends?

    What are the top three travel industry trends today? Travel is back, but traveler flows are shifting. McKinsey has isolated three major themes for industry stakeholders to consider as they look ahead.

  2. The Latest Travel Data (2024-03-04)| U.S. Travel Association

    Monthly member-exclusive summary of the latest economic, consumer and travel indicators, trends and analysis featuring key highlights from the U.S. Travel Insights Dashboard.

  3. How is the travel and tourism industry recovering?

    The World Economic Forum has published its inaugural Travel and Tourism Development Index. It focuses on the growing role of sustainability and resilience in travel and tourism growth. Recovery for the sector is uneven and tourist arrivals in January 2022 were still 67% below 2019 levels, according to the World Tourism Organization.

  4. Travel Will Boost the Global Economy by a Record $11 Trillion in 2024

    WWTC says the travel industry will reach a record $11.1 trillion in 2024, with tourism expected to become a $16 trillion industry by 2034.

  5. What next for travel and tourism? Here's what the experts say

    The World Economic Forum's Travel & Tourism Development Index 2021 finds that embedding inclusivity, sustainability and resilience into the travel and tourism sector as it recovers, will ensure it can continue to be a driver of global connectivity, peace and economic and social progress. We spoke to Sandra Carvao, Chief of Market Intelligence ...

  6. Updated Fact Sheets on Economic Impact of Travel

    The International Trade Administration's National Travel and Tourism Office provides an updated overview of the state of the travel and tourism industry as shown in four fact sheets. Fast Facts: Economic impact of the travel and tourism industry, international trade, global market share, top source markets for arrivals and travel exports ...

  7. The future of travel and tourism as per 4 sector leaders

    In 2020 alone, the travel and tourism industry lost $4.5 trillion in GDP and 62 million jobs - the road to recovery remains long. The World Economic Forum's latest Travel & Tourism Development Index gives expert insights on how the sector will recover and grow. We asked four business leaders in the sector to reflect on the state of its ...

  8. Travel and Tourism

    Travel and Tourism Satellite Account for 2018-2022 The travel and tourism industry—as measured by the real output of goods and services sold directly to visitors—increased 21.0 percent in 2022 after increasing 53.6 percent in 2021, according to the most recent statistics from BEA's Travel and Tourism Sate.

  9. Economic Impact (2024-03-19)| U.S. Travel Association

    Economic Impact INTERACTIVE TRAVEL DATA March 19, 2024 Travel plays an essential role in stimulating economic growth, cultivating vibrant communities, creating quality job opportunities and inspiring new businesses, and it is indispensable to our nation's global competitiveness.

  10. Travel & Tourism

    The Travel & Tourism market in in the United States is projected to grow by 4.37% (2024-2029) resulting in a market volume of US$265.50bn in 2029.

  11. Economic Impact Research

    Alongside our Insights reports, WTTC produces reports on the economic and employment impact of Travel & Tourism for 185 countries/economies and 28 geographic/economic regions in the world. These reports, in collaboration with Oxford Economics, are a vital tool in helping us to equip public and private sector bodies with hard evidence of the huge value Travel & Tourism brings to the economy so ...

  12. Travel & Tourism

    The Travel & Tourism market worldwide is projected to grow by 3.99% (2024-2029) resulting in a market volume of US$1,114.00bn in 2029.

  13. PDF BCD Travel report: Travel Market Report Q4 2023

    Travel Market Report 2024 Outlook Welcome to the fourth edition of the Travel Market Report, brought to you by BCD Travel's Research & Intelligence team.

  14. Data Insights

    Data Insights Below is U.S. Travel's latest travel industry research, including insights into emerging trends, factors driving travel's growth, as well as data to convey the importance of the travel industry and influence business leaders and legislation to strengthen travel for the future.

  15. Global tourism industry

    With more and more people traveling, the global tourism industry has boomed over the last decade. For more information, read our topic page on tourism worldwide!

  16. FACT SHEET: 2022 National Travel and Tourism Strategy

    The travel and tourism industry supported 9.5 million American jobs through $1.9 trillion of economic activity in 2019. In fact, 1 in every 20 jobs in the United States was either directly or indirectly supported by travel and tourism. These jobs can be found in industries like lodging, food services, arts, entertainment, recreation, transportation, and education.

  17. What's Going on With the Economy? Skift Travel Podcast

    The disappointing U.S. jobs report released earlier month has raised concerns about an economic slowdown impacting the travel industry.

  18. The global tourism boom is shifting to Asia

    Travel to Asia had been slower to recover from the covid-19 pandemic than in the West. Strict quarantine measures from China to Malaysia were in place for longer than in Europe or America, keeping ...

  19. Travel companies rein in their forecasts as US consumers cut spending

    Travel companies including Airbnb and Marriott International are forecasting a slowdown in leisure travel as U.S. consumers wait longer to book vacations in a time when the economic outlook ...

  20. The digital economy is poised to grow: Here's what the numbers say

    Online retail and online travel are expected to increase their share of the global digital economy going forward, according to a recent Forrester report.

  21. Ukraine war latest: Ukrainian forces reportedly destroy bridge over

    Key developments on Aug. 16: Ukrainian forces destroyed bridge over Seim River in Kursk Oblast, Russian authority claims U.S. reluctant to allow ATACMS in Kursk Oblast due to limited supply, CNN ...

  22. Here are the top 10 economies for travel and tourism

    The top three best-placed countries for travel and tourism are the US, Spain and Japan, according to the World Economic Forum's Travel & Tourism Development Index. If you were desperate to get away after the restrictions and enforced staying at home of the pandemic years, you were far from alone. Global international tourist arrivals are ...

  23. Ukraine reportedly strikes ferry crossing in occupied Crimea, boat in

    Preliminary reports indicate that Ukraine struck a ferry crossing in the city of Kerch overnight on Aug. 16, as well as a boat near the community of Chernomorsk in Russia's Krasnodar Krai, Serhii ...

  24. Chinese Swap Handbags for Trips as 'Experience Economy' Booms

    Watching orders dwindle as China's housing market slumped, factory owner Zheng Weirong decided to take action and protect his steel business from the real estate downturn.

  25. US shoppers sharply boosted spending at retailers in July despite

    Americans stepped up spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates.

  26. Krasnodar Krai

    Krasnodar Krai is formally and informally referred to as Kuban ( Russian: Кубань ), a term denoting the historical region of Kuban situated between the Sea of Azov and the Kuban River which is mostly composed of the krai's territory. It is bordered by Rostov Oblast to the north, Stavropol Krai to the east, Karachay-Cherkessia to the south-east, and Adygea is an enclave entirely within ...

  27. Krasnodar Krai, Russia guide

    Krasnodar krai is Russia's oldest oil producing region (since 1865). The local economy is based on the industrial, construction, fuel and energy, agriculture, transport, resort and recreational, tourist sectors.

  28. Krasnodar

    Economy [edit] Zapadnyy okrug in Krasnodar Krasnodar is the economic center of southern Russia. For several years, Forbesmagazine named Krasnodar the best city for business in Russia.[28] The industrial sector of the city has more than 130 large and medium-sized enterprises. The main industries of Krasnodar: Agriculture and food industry: 42.8%