World Tourism in 2030

The report forecasts global tourism trends and growth up to 2030, with a focus on regional shifts and economic impacts.

(Generated with the help of GPT-4)

Quick Facts
Report location: source
Language: English
Authors: Ian Yeoman
Time horizon: 2030
Geographic focus: Global, Europe, Asia, Americas, Africa, Middle East

Methods

The research method involves forecasting future international tourism flows based on historical data, economic prosperity, and travel propensity, using sources such as Mintel, the UN World Tourism Organisation, and Oxford Forecasting.

(Generated with the help of GPT-4)

Key Insights

The report provides a comprehensive analysis of the expected trends in world tourism by 2030. It predicts a significant increase in international tourist arrivals, from 803 million in 2005 to 1.9 billion by 2030, with a corresponding rise in spending to US $2 trillion. The growth rate is expected to slow down to an average of 3.4% annually due to demographic changes. Asia and the Middle East are projected to gain market share, while Europe's dominance in the tourism sector is expected to decline. Receipts in the Middle East and Africa are forecasted to grow at an impressive rate, indicating a shift in tourism expenditure towards these regions. The report also touches on the potential for space tourism as an emerging luxury experience. Overall, the study suggests a more diversified and widespread global tourism industry by 2030, driven by economic prosperity and a growing interest in new destinations.

(Generated with the help of GPT-4)

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