Travel and Tourism

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The Travel and Tourism Market is a pillar of the global economy, encompassing a vast ecosystem of transportation (airlines, rail, cruises), accommodation (hotels, short-term rentals), and experiential services (tours, attractions). Post-recovery, the market has shifted from mass tourism to a highly fragmented, experience-driven landscape focused on personalization and niche segments. (2026-2033)

Global Travel and Tourism market is projected to reach approximately USD 19.79 trillion by 2033. This expansion is supported by a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period. Within this, specialized segments like Domestic Tourism are expected to grow even faster at a CAGR of 13.4%, reflecting a strong consumer shift toward local and regional exploration through 2033.

CSTM






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