As of 2023, the internal tourism expenditure on travel agencies and other reservation services in the US stood at approximately 46.19 billion USD. The projected data from 2024 to 2028 indicates a steady upward trend, with values rising from 46.89 billion USD in 2024 to 49.6 billion USD in 2028. This represents an average annual growth rate (CAGR) of about 1.41%. The year-on-year percentage increase remains stable, reflecting resilient demand in the hospitality sector.
Future trends to watch for:
- The impact of technological innovations on travel booking efficiencies.
- Shifts in consumer preferences towards personalized travel experiences.
- Potential economic and geopolitical factors influencing tourism demand.
Latest reports
US Tourism Market Report- Q4 2024
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France Tourism Market Report- Q4 2024
Q4 2024 has been a dynamic period for the tourism sector in France, characterized by evolving trends and significant regulatory developments that are...
Canada Tourism Market Report- Q4 2024
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