Top Stories Trade News

Global tourism expected to achieve 80% of pre-pandemic turnover in 2022

The global tourism industry is expected to achieve 80 per cent of the pre-pandemic turnover this year, revealed a report by Statista at the virtual ITB Berlin Convention, reports Trade Arabia.

A significant improvement was already noticeable in 2021: a 36 per cent rise in growth compared with 2020. According to Statista’s Mobility Market Outlook (MMO), last year the industry achieved a global turnover of around EUR 260 billion. This year, the figure will probably exceed EUR 353 billion, at 46 per cent rise, the highest growth rate in recent years.

According to the MMO experts, a full recovery will not be achieved until 2024.


Related Posts

Download Magazine