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Travel and Tourism Expected to Boost Global Economy

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Travel,Tourism,Global Economy

Travel and tourism is expected to be a boon for the global economy this year, with countries projected to see a total of $11.1 trillion in travel and tourism revenue by 2024. This marks an all-time high, surpassing pre-pandemic levels. The industry was heavily impacted by the coronavirus pandemic, but both domestic and international tourists are expected to spend significantly during their travels this year.

Travel and tourism is expected to be a boon for the global economy this year, with countries projected to see a total of $11.1 trillion in travel and tourism revenue by 2024. This marks an all-time high, surpassing pre-pandemic levels.

The industry was heavily impacted by the coronavirus pandemic, but both domestic and international tourists are expected to spend significantly during their travels this year.

Source: News Formal (newsformal.com)

Travel Tourism Global Economy Revenue Pandemic Domestic Tourists International Tourists

 

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