Travel & Tourism

  • Europe
  • Revenue in the Travel & Tourism market is projected to reach US$219,527m in 2022.
  • Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 9.74%, resulting in a projected market volume of US$318,371m by 2026.
  • The market's largest segment is Package Holidays with a projected market volume of US$103,990m in 2022.
  • In the Hotels, the number of users is expected to amount to 291.9m users by 2026.
  • User penetration is 38.0% in 2022 and is expected to hit 51.7% by 2026.
  • The average revenue per user (ARPU) is expected to amount to US$683.18.
  • In the Travel & Tourism market, 76% of total revenue will be generated through online sales by 2026.
  • In global comparison, most revenue will be generated in the United States (US$128,425m in 2022).
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