So what has changed in the last 15 years? Or should we ask what hasn’t changed? Yes, you are right Travelling.
In simple terms, the travel industry is concerned with providing services related to travel from one location to another. This includes services that are directly related to the travel itself, such as transportation, but also includes services related to catering for travellers’ needs and wants after they have arrived at their destination.
Statistics OF TRAVEL INDUSTRY
Revenue in the Travel & Tourism market is projected to reach US$716.80bn in 2022.
Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 8.46%, resulting in a projected market volume of US$992.10bn by 2026.
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