The global economic impact of the travel sector continues to gain momentum. This year, it is expected to reach a record $11.1 trillion, surpassing its previous record of $10 trillion in 2019. Within a decade, tourism is expected to become a $16 trillion industry, representing 11.4% of global gross domestic product.
Today, 1 in 10 people are employed in tourism; by 2034, this figure will increase, with approximately 12.2% of global jobs contributing to this sector.
