Between 2013 and 2022, internal tourism expenditure exhibited significant fluctuations, most notably a steep decline in 2020 due to the pandemic. From 2023 onward, an average annual growth rate (CAGR) of 0.26% is forecasted until 2028, indicating a relatively stable yet modest increase in expenditure.
Year-on-Year Variations:
- 2022: 17.37%
- 2023: 10.04%
Future Trends: Attention should be given to the continuing impact of post-pandemic recovery, changing travel preferences, and inflationary pressures which could affect expenditure patterns. Betting on technology and personalized travel experiences may drive future growth.
