Market size of the tourism sector worldwide 2011-2024
The market size of the global tourism sector rose significantly in 2023 compared to the previous year, totaling around 1.9 trillion U.S. dollars. Despite the sharp annual increase, global tourism revenue remained below the figures reported before the onset of the coronavirus (COVID-19) pandemic. As forecast, the market size of the tourism sector worldwide was expected to reach an estimated two trillion U.S. dollars in 2024.