Travel & Tourism - United States
- United States
- Revenue in the Travel & Tourism market is projected to reach US$190.40bn in 2023.
- Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 3.17%, resulting in a projected market volume of US$215.70bn by 2027.
- The market's largest segment is Hotels with a projected market volume of US$106.10bn in 2023.
- In the Hotels, the number of users is expected to amount to 160.6m users by 2027.
- User penetration is 67.4% in 2023 and is expected to hit 68.7% by 2027.
- The average revenue per user (ARPU) is expected to amount to US$0.84k.
- In the Travel & Tourism market, 71% of total revenue will be generated through online sales by 2027.
- In global comparison, most revenue will be generated in the United States (US$190.40bn in 2023).
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