International tourism receipts for travel items in Ghana are forecasted to show a steady increase from USD 1.5856 billion in 2024 to USD 1.7421 billion by 2028. In 2023, the actual receipts stood at USD 1.5473 billion. The year-on-year growth rates are as follows:
- 2023-2024: 2.47%
- 2024-2025: 2.51%
- 2025-2026: 2.42%
- 2026-2027: 2.34%
- 2027-2028: 2.26%
The Compound Annual Growth Rate (CAGR) for the forecasted period from 2024 to 2028 is approximately 2.40%.
Future trends to watch for:
- Increase in promotional activities and improved international connections.
- Sustainable tourism practices to attract conscious travelers.
- Enhanced tourist experiences through technological advancements.
- Post-pandemic recovery strategies and potential global economic shifts.
Latest reports
US Hotel Market Report- Q1 2025
The US hotel market in the first quarter of 2025 is navigating a complex landscape shaped by economic uncertainties, geopolitical tensions, and evolving...
China Hotel Market Report- Q4 2024
In the fourth quarter of 2024, the China hotel market experienced dynamic shifts across various segments, significantly influenced by economic conditions and evolving...
Japan Hotel Market Report- Q1 2025
In the first quarter of 2025, Japan's hotel industry is poised for remarkable growth, driven by a robust tourism sector and strategic expansions...
Germany Hotel Market Report- Q4 2024
The Germany hotel market in Q4 2024 is characterized by dynamic changes driven by expansion, investment, and technological innovation. Key players are strategically...
India Hotel Market Report- Q1 2025
The first quarter of 2025 has been a transformative period for the hospitality market in India, with significant developments across various segments. International...
UK Hotel Market Report- Q1 2025
The UK hotel industry in Q1 2025 is characterized by significant shifts driven by sustainability initiatives, economic pressures, and evolving consumer preferences. The...
France Hotel Market Report- Q1 2025
The first quarter of 2025 has seen the French hotel market continue its dynamic recovery and transformation post-pandemic, emphasizing sustainability, innovation, and personalization...
Canada Hotel Market Report- Q4 2024
The Canadian hotel market in Q4 2024 experienced significant developments across various segments, marked by the integration of technological advancements and strategic expansions...
Brazil Hotel Market Report- Q1 2025
The Brazil hotel market in Q1 2025 is characterized by dynamic growth and strategic shifts, driven by a surge in international tourist arrivals...
Italy Hotel Market Report- Q1 2025
In the first quarter of 2025, the Hotel Italy market is experiencing a dynamic recovery, driven by strategic investments and a resurgence in...
