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Travel and Tourism Market

Travel and Tourism Market (Travel Days: Within 7 Days, 7-15 Days, More than 15 Days; Travel Type: Leisure Spending and Business Spending) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Travel and Tourism Market Outlook 2031

  • The global travel and tourism market was valued at US$ 4.06 Bn in 2021
  • It is estimated to advance at a CAGR of 15.5% from 2022 to 2031
  • The global travel and tourism market is expected to reach US$ 16.20 Bn by the end of 2031

Analysts’ Viewpoint on Travel and Tourism Market Scenario

The market for travel and tourism is driven by the growth in affordability of airline travel, improvement in accessibility to various remote yet beautiful locations, and rise in disposable income. Robust growth in transportation facilities and overall infrastructure has bolstered the travel and tourism market. Millennial travelers are increasingly seeking unique once-in-a-lifetime experiences. In this environment, ecological tours are becoming increasingly popular. This is accelerating the growth of special interest tourism, thus augmenting the global travel and tourism market. Companies operating in the travel and tourism market need to come up with innovative and unique travel experiences, such as experiential tours, in order to broaden their revenue streams.

Travel And Tourism Market

Global Travel and Tourism Market Introduction

Travel can be domestic, overseas, short-distance, or long-distance. The global travel and tourism market is projected to observe significant growth in the next few years due to the rise in demand for travel for multiple reasons, especially after the lifting of COVID-19 related travel restrictions. The travel industry encompasses the various facets of the wider service industry that caters to the desires and needs of the people who travel from one region of the world to another. Travel and tourism industry growth is likely to be increasingly influenced by sustainable travel, which is tipped to be the future of travel.

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Growth in Internet Penetration Boosting Travel and Tourism Market

Travelers are getting more options for booking travel tickets due to the rise in Internet penetration. As per the Travel Trend Report 2022, 62% of respondents agreed that they plan on taking two to four trips a year. Travel industry statistics 2022 reveal that travelers are focused on engaging in positive practices, including wellness activities, giving back to communities, and protecting the environment. Travel agents that book tickets online for travelers are known as OTA (Online Travel Agents). OTAs use multiple channels such as online marketplaces, resellers, booking agents, and hotels to manage a high volume of ticket bookings. This is expected to drive the travel and tourism market size across the globe.

Impact of COVID-19 and International Conflicts on Global Travel and Tourism Market

The ongoing global COVID-19 pandemic has crippled the travel and tourism industry. However, the global travel and tourism market is expected to recover once the phase of the deadly Coronavirus gets over, especially in tourist destinations such as China. According to key players involved in the tourism industry, ongoing international issues and war conflicts are directly hampering the travel and tourism market. However, travel and tourism market research indicates that emerging countries are promoting eco-friendly and urban tours. This is likely to augment the industry in the near future.

Rise in Disposable Income and Accessibility to Remote Areas Driving Demand for Travel

  • The global travel and tourism market comprises several other businesses including food and beverages, transportation, accommodation, financial services, entertainment, and travel agents. The global travel and tourism market is one of the most competitive and leading markets in the world. Sustenance of the market depends on the quality of services being offered. It is therefore necessary for travel agents, airlines, car rental services, tour operators, and the hotel industry to make use of the latest marketing strategies to gain competitive advantage.
  • The market size of travel industry has witnessed substantial growth over the last few years. Rise in affordability of airline travel, improvement in accessibility to various remote yet beautiful areas, and increase in disposable income are likely to bolster the global travel and tourism market. In several countries, art, entertainment, wildlife activities, adventure sports, and other such activities have garnered the attention of domestic and international travelers. Additionally, rise in popularity of business tours, eco-tours, agro tours, educational tours, and medical tourism & dental tourism through e-tourism is likely to augment the travel and tourism market in the next few years.

Growth in Popularity of Unique Travel Experiences and Multiday Tours to Experience Local Cultures

Interest among travelers to visit unique places and experience new cultures has been rising across the globe. Travelers across the globe are spending more on experiences rather than materialistic things such as hotel facilities. Millennial travelers especially seek unique experiences. Thus, demand for ecological tours has been rising substantially since the last few years. As per Travel Trend Report 2019, ecological tours are the most popular and demanded tours among travelers. Global travelers are also more interested in experiencing local culture and food habits. They are seeking more adventure-related experiences than before. Travelers prefer multiday tours rather than single-day tours for leisure activities in order to rejuvenate themselves from the hectic daily work life. Bookings for such tours are done much in advance compared to single-day tour bookings.

Regional Outlook of Global Travel and Tourism Market

Asia Pacific dominates the global travel and tourism market, with China and India being the dominant countries in the region. Global tourism & travel companies are focusing on the emerging BRICS countries. The travel and tourism industry is growing in China. Outbound tourism and inbound tourism in emerging countries of Asia Pacific is expected to create lucrative opportunities for the global travel and tourism market players. The top destinations for travelers are Thailand, Japan, Singapore, Vietnam, Indonesia, Malaysia, the Philippines, and South Korea. Continual shift toward ecotourism; and focus on conservation, adventure travel, and health and wellness tours are being witnessed post the peak of the pandemic.

In terms of value, Europe accounts for the second largest share of the global travel and tourism market. Key government bodies in the region are collaborating with niche tourist industry and other government organizations to boost tourism. This is a major factor driving the global travel and tourism market in Europe.

Analysis of Key Players in Global Travel and Tourism Market

The global travel and tourism market consists of large numbers of medium and small players. Key players are involved in offering attractive tourism services to users. They also offer customized solutions to corporates for business trips. This is likely to augment the travel and tourism market in the near future. Expansion of product portfolios and mergers and acquisitions are the strategies adopted by key players. TUI Group, Hilton Worldwide Holdings Inc., Carnival Corporation & plc, Airbnb Inc., Crown Resorts Ltd., Accor plc, Balkan Holidays Ltd., G Adventures, Adris Grupa d.d., and OYO Rooms are the prominent entities operating in this market.

Key vendors in the travel and tourism market are continuously working on catering to customer demand and launching new services in the market. This is likely to help companies increase their overall revenue, thus leading to the growth of the market.

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Key Developments in Global Travel and Tourism Market

  • In August 2022, Hilton Worldwide Holdings Inc. announced plans for the expansion of its footprint in the Caribbean and Latin America. The company expects to open its 200th hotel in the region by the end of 2022. During the same time, the company confirmed plans to open another 15 hotels in the second half of 2022, and signed 15 new development deals, bringing its pipeline to 105 projects with nearly 15,750 rooms.
  • In June 2022, RIU opened the Riu Jambo, its second hotel on Zanzibar’s largest island, Unguja. It is a 4-star, 24-hour all-inclusive hotel with a total of 461 rooms.

Each of these players has been profiled in the travel and tourism market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Travel and Tourism Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 4.06 Bn

Market Forecast Value in 2031

US$ 16.20 Bn

Growth Rate

(CAGR)

15.5%

Forecast Period

2022–2031

Historical Data Available for

2017–2020

Quantitative Units

US$ Bn for Value

Market Analysis

Includes cross-segment analysis at the region as well as country level. Furthermore, the qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis, by company (2021)
  • Company profiles section includes an overview, tourist service portfolio, geographical footprint, key subsidiaries, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Travel Days
    • Within 7 Days
    • 7-15 Days
    • More than 15 Days
  • Travel Type
    • Leisure Spending
    • Business Spending
  • Application
    • Domestic Spending
    • International Spending

Region Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Companies Profiled

  • Accor plc
  • Adris grupa d.d.
  • Airbnb, Inc.
  • Balkan Holidays Ltd.
  • Carnival Corporation & plc
  • Crown Resorts Ltd.
  • G Adventures
  • Hilton Worldwide Holdings Inc.
  • OYO Rooms
  • TUI Group

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the global travel and tourism market in 2021?

The market stood at US$ 4.06 Bn in 2021

How is the travel and tourism market expected to grow by 2031?

The market is estimated to grow at a CAGR of 15.5% during 2022-2031

How much worth will the travel and tourism market be in 2031?

The market is likely to reach US$ 16.20 Bn by 2031

In terms of travel days, how is the ‘Within 7 Days’ segment performing in the travel and tourism market?

Within 7 Days segment is expected to account for the highest growth rate during the forecast period

Which region accounts for highest growth rate in the global travel and tourism market?

Asia Pacific to hold the highest CAGR during the forecast period

What are the prominent drivers in the travel and tourism market?

Growth in affordability of airline travel, improvement in accessibility to various remote yet beautiful areas, and rise in disposable income

Who are the prominent players in the travel and tourism market?

TUI Group, Hilton Worldwide Holdings Inc., Carnival Corporation & plc, Airbnb Inc., Crown Resorts Ltd., Accor plc, Balkan Holidays Ltd., G Adventures, Adris Grupa d.d., and OYO Rooms

    1. Preface

        1.1. Market Definition and Scope

        1.2. Market Segmentation

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumptions

    3. Research Methodology

    4. Executive Summary

    5. Market Overview

        5.1. Market Dynamics

            5.1.1. Drivers

            5.1.2. Restraints

            5.1.3. Opportunities

        5.2. Key Market Indicators

            5.2.1. Overall Tourism Industry Overview

        5.3. Key Trend Analysis

            5.3.1. Supplier Side

            5.3.2. Demand Side

        5.4. Industry SWOT Analysis

        5.5. Porter’s Five Forces Analysis

        5.6. Value Chain Analysis

        5.7. COVID-19 Impact Analysis

        5.8. Regulatory Framework & Guidelines

        5.9. Global Travel and Tourism Market Analysis and Forecast, 2017- 2031

            5.9.1. Market Value Projections (US$ Bn)

    6. Global Travel and Tourism Market Analysis and Forecast, by Travel Days

        6.1. Global Travel and Tourism Market Size (US$ Bn), by Travel Days, 2017- 2031

            6.1.1. Within 7 Days

            6.1.2. 7-15 Days

            6.1.3. More than 15 Days

        6.2. Incremental Opportunity, by Travel Days

    7. Global Travel and Tourism Market Analysis and Forecast, by Travel Type

        7.1. Global Travel and Tourism Market Size (US$ Bn), by Travel Type, 2017- 2031

            7.1.1. Leisure Spending

            7.1.2. Business Spending

        7.2. Incremental Opportunity, by Travel Type

    8. Global Travel and Tourism Market Analysis and Forecast, by Application

        8.1. Global Travel and Tourism Market Size (US$ Bn), by Application, 2017- 2031

            8.1.1. Domestic Spending

            8.1.2. International Spending

        8.2. Incremental Opportunity, Application

    9. Global Travel and Tourism Market Analysis and Forecast, by Region

        9.1. Global Travel and Tourism Market Size (US$ Bn), by Region, 2017- 2031

            9.1.1. North America

            9.1.2. Europe

            9.1.3. Asia Pacific

            9.1.4. Middle East & Africa

            9.1.5. South America

        9.2. Incremental Opportunity, by Region

    10. North America Travel and Tourism Market Analysis and Forecast

        10.1. Regional Snapshot

        10.2. Key Service Providers

        10.3. Key Trends Analysis

            10.3.1. Supply Side

            10.3.2. Demand Side

        10.4. Travel and Tourism Market Size (US$ Bn), by Travel Days, 2017- 2031

            10.4.1. Within 7 Days

            10.4.2. 7-15 Days

            10.4.3. More than 15 Days

        10.5. Travel and Tourism Market Size (US$ Bn), by Travel Type, 2017- 2031

            10.5.1. Leisure Spending

            10.5.2. Business Spending

        10.6. Travel and Tourism Market Size (US$ Bn), by Application, 2017- 2031

            10.6.1. Domestic Spending

            10.6.2. International Spending

        10.7. Travel and Tourism Market Size (US$ Bn) Forecast, by Country & Sub-region, 2017- 2031

            10.7.1. U.S.

            10.7.2. Canada

            10.7.3. Rest of North America

        10.8. Incremental Opportunity Analysis

    11. Europe Travel and Tourism Market Analysis and Forecast

        11.1. Regional Snapshot

        11.2. Key Service Providers

        11.3. Key Trends Analysis

            11.3.1. Supply Side

            11.3.2. Demand Side

        11.4. Travel and Tourism Market Size (US$ Bn), by Travel Days, 2017- 2031

            11.4.1. Within 7 Days

            11.4.2. 7-15 Days

            11.4.3. More than 15 Days

        11.5. Travel and Tourism Market Size (US$ Bn), by Travel Type, 2017- 2031

            11.5.1. Leisure Spending

            11.5.2. Business Spending

        11.6. Travel and Tourism Market Size (US$ Bn), by Application, 2017- 2031

            11.6.1. Domestic Spending

            11.6.2. International Spending

        11.7. Travel and Tourism Market Size (US$ Bn) Forecast, by Country & Sub-region, 2017- 2031

            11.7.1. U.K.

            11.7.2. Germany

            11.7.3. France

            11.7.4. Rest of Europe

        11.8. Incremental Opportunity Analysis

    12. Asia Pacific Travel and Tourism Market Analysis and Forecast

        12.1. Regional Snapshot

        12.2. Key Service Providers

        12.3. Key Trends Analysis

            12.3.1. Supply Side

            12.3.2. Demand Side

        12.4. Travel and Tourism Market Size (US$ Bn), by Travel Days, 2017- 2031

            12.4.1. Within 7 Days

            12.4.2. 7-15 Days

            12.4.3. More than 15 Days

        12.5. Travel and Tourism Market Size (US$ Bn), by Travel Type, 2017- 2031

            12.5.1. Leisure Spending

            12.5.2. Business Spending

        12.6. Travel and Tourism Market Size (US$ Bn), by Application, 2017- 2031

            12.6.1. Domestic Spending

            12.6.2. International Spending

        12.7. Travel and Tourism Market Size (US$ Bn) Forecast, by Country & Sub-region, 2017- 2031

            12.7.1. China

            12.7.2. India

            12.7.3. Japan

            12.7.4. Rest of Asia Pacific

        12.8. Incremental Opportunity Analysis

    13. Middle East & Africa Travel and Tourism Market Analysis and Forecast

        13.1. Regional Snapshot

        13.2. Key Service Providers

        13.3. Key Trends Analysis

            13.3.1. Supply Side

            13.3.2. Demand Side

        13.4. Travel and Tourism Market Size (US$ Bn), by Travel Days, 2017- 2031

            13.4.1. Within 7 Days

            13.4.2. 7-15 Days

            13.4.3. More than 15 Days

        13.5. Travel and Tourism Market Size (US$ Bn), by Travel Type, 2017- 2031

            13.5.1. Leisure Spending

            13.5.2. Business Spending

        13.6. Travel and Tourism Market Size (US$ Bn), by Application, 2017- 2031

            13.6.1. Domestic Spending

            13.6.2. International Spending

        13.7. Travel and Tourism Market Size (US$ Bn) Forecast, by Country & Sub-region, 2017- 2031

            13.7.1. GCC

            13.7.2. South Africa

            13.7.3. Rest of Middle East & Africa

        13.8. Incremental Opportunity Analysis

    14. South America Travel and Tourism Market Analysis and Forecast

        14.1. Regional Snapshot

        14.2. Key Service Providers

        14.3. Key Trends Analysis

            14.3.1. Supply Side

            14.3.2. Demand Side

        14.4. Travel and Tourism Market Size (US$ Bn), by Travel Days, 2017- 2031

            14.4.1. Within 7 Days

            14.4.2. 7-15 Days

            14.4.3. More than 15 Days

        14.5. Travel and Tourism Market Size (US$ Bn), by Travel Type, 2017- 2031

            14.5.1. Leisure Spending

            14.5.2. Business Spending

        14.6. Travel and Tourism Market Size (US$ Bn), by Application, 2017- 2031

            14.6.1. Domestic Spending

            14.6.2. International Spending

        14.7. Travel and Tourism Market Size (US$ Bn) Forecast, by Country & Sub-region, 2017- 2031

            14.7.1. Brazil

            14.7.2. Rest of South America

        14.8. Incremental Opportunity Analysis

    15. Competition Landscape

        15.1. Competition Dashboard

        15.2. Market Share Analysis % (2021)

        15.3. Company Profiles [Company Overview, Product Portfolio, Financial Information, (Subject to Data Availability), Business Strategies / Recent Developments]

            15.3.1. Accor plc

                15.3.1.1. Company Overview

                15.3.1.2. Product Portfolio

                15.3.1.3. Financial Information, (Subject to Data Availability)

                15.3.1.4. Business Strategies / Recent Developments

            15.3.2. Adris grupa d.d.

                15.3.2.1. Company Overview

                15.3.2.2. Product Portfolio

                15.3.2.3. Financial Information, (Subject to Data Availability)

                15.3.2.4. Business Strategies / Recent Developments

            15.3.3. Airbnb, Inc.

                15.3.3.1. Company Overview

                15.3.3.2. Product Portfolio

                15.3.3.3. Financial Information, (Subject to Data Availability)

                15.3.3.4. Business Strategies / Recent Developments

            15.3.4. Balkan Holidays Ltd.

                15.3.4.1. Company Overview

                15.3.4.2. Product Portfolio

                15.3.4.3. Financial Information, (Subject to Data Availability)

                15.3.4.4. Business Strategies / Recent Developments

            15.3.5. Carnival Corporation & plc

                15.3.5.1. Company Overview

                15.3.5.2. Product Portfolio

                15.3.5.3. Financial Information, (Subject to Data Availability)

                15.3.5.4. Business Strategies / Recent Developments

            15.3.6. Crown Resorts Ltd.

                15.3.6.1. Company Overview

                15.3.6.2. Product Portfolio

                15.3.6.3. Financial Information, (Subject to Data Availability)

                15.3.6.4. Business Strategies / Recent Developments

            15.3.7. G Adventures

                15.3.7.1. Company Overview

                15.3.7.2. Product Portfolio

                15.3.7.3. Financial Information, (Subject to Data Availability)

                15.3.7.4. Business Strategies / Recent Developments

            15.3.8. Hilton Worldwide Holdings Inc.

                15.3.8.1. Company Overview

                15.3.8.2. Product Portfolio

                15.3.8.3. Financial Information, (Subject to Data Availability)

                15.3.8.4. Business Strategies / Recent Developments

            15.3.9. OYO Rooms

                15.3.9.1. Company Overview

                15.3.9.2. Product Portfolio

                15.3.9.3. Financial Information, (Subject to Data Availability)

                15.3.9.4. Business Strategies / Recent Developments

            15.3.10. TUI Group

                15.3.10.1. Company Overview

                15.3.10.2. Product Portfolio

                15.3.10.3. Financial Information, (Subject to Data Availability)

                15.3.10.4. Business Strategies / Recent Developments

    16. Key Takeaways

        16.1. Identification of Potential Market Spaces

            16.1.1. Type

            16.1.2. Travel Type

            16.1.3. Application

            16.1.4. Geography

        16.2. Understanding the Service Preference of Tourists

        16.3. Prevailing Market Risks

        16.4. Preferred Sales & Marketing Strategy

    List of Tables

    Table 1: Global Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Table 2: Global Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Table 3: Global Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Table 4: Global Travel & Tourism Market Size & Forecast, by Region, US$ Bn, 2022-2031

    Table 5: North America Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Table 6: North America Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Table 7: North America Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Table 8: North America Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

    Table 9: Europe Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Table 10: Europe Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Table 11: Europe Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Table 12: Europe Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

    Table 13: Asia Pacific Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Table 14: Asia Pacific Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Table 15: Asia Pacific Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Table 16: Asia Pacific Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

    Table 17: The Middle East & Africa Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Table 18: The Middle East & Africa Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Table 19: The Middle East & Africa Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Table 20: The Middle East & Africa Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

    Table 21: South America Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Table 22: South America Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Table 23: South America Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Table 24: South America Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

    List of Figures

    Figure 1: Global Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Figure 2: Global Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Figure 3: Global Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Figure 4: Global Travel & Tourism Market Size & Forecast, by Region, US$ Bn, 2022-2031

    Figure 5: North America Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Figure 6: North America Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Figure 7: North America Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Figure 8: North America Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

    Figure 9: Europe Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Figure 10: Europe Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Figure 11: Europe Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Figure 12: Europe Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

    Figure 13: Asia Pacific Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Figure 14: Asia Pacific Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Figure 15: Asia Pacific Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Figure 16: Asia Pacific Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

    Figure 17: Middle East & Africa Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Figure 18: Middle East & Africa Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Figure 19: Middle East & Africa Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Figure 20: Middle East & Africa Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

    Figure 21: South America Travel & Tourism Market Size & Forecast, by Travel Days, US$ Bn, 2022-2031

    Figure 22: South America Travel & Tourism Market Size & Forecast, by Travel Type, US$ Bn, 2022-2031

    Figure 23: South America Travel & Tourism Market Size & Forecast, by Application, US$ Bn, 2022-2031

    Figure 24: South America Travel & Tourism Market Size & Forecast, by Country, US$ Bn, 2022-2031

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