The travel industry is a major contributor to the global economy, with an estimated 9.2 trillion U.S. dollars generated in 2019 alone and 1.5 billion international tourist arrivals worldwide that same year. This blog post will explore some of the most interesting statistics about this dynamic sector, including its direct contribution to GDP (3.6 trillion U.S.), spending by countries on international tourism (1,218 billion U.S., United States), number of jobs created (330 million globally) and more. We’ll also look at data related to outbound tourists from China (150 million), domestic tourism revenue in the US ($1,200 billion), online bookings made through mobile devices (96 million flight bookings) as well as digital travel services used by people around the world (1,400 million). Additionally we’ll cover adventure tourism market size ($683bn 2018); total number of overnight stays in Europe; UK visitors; business travel spending; US hosted international visitors and medical tourism forecasted growth up until 2027 – all backed up with reliable sources for further research if needed.
Travel Industry Statistics Overview
Global travel and tourism direct contribution to GDP in 2019 was 3.6 trillion U.S. dollars.
This statistic is a testament to the immense economic power of the travel industry. It highlights the fact that the travel industry is a major contributor to the global economy, with a direct contribution of 3.6 trillion U.S. dollars in 2019 alone. This figure is a clear indication of the importance of the travel industry and its potential to drive economic growth.
The United States spent 1,218 billion U.S. dollars on international tourism in 2019.
This statistic is a testament to the immense power of the travel industry. It shows that the United States is a major player in the global tourism market, and that the industry is a major contributor to the economy. It also highlights the importance of tourism to the US economy, and the potential for growth in the sector. This statistic is a reminder of the importance of the travel industry, and the potential for further growth in the sector.
In 2019, travel and tourism contributed to 330 million jobs worldwide.
This statistic is a powerful reminder of the immense impact that the travel and tourism industry has on the global economy. It highlights the sheer number of jobs that are created and sustained by the industry, demonstrating its importance to the livelihoods of millions of people around the world.
In 2019, China was the largest source of outbound tourists, accounting for 150 million outbound visitors.
This statistic is a testament to the immense potential of the travel industry in China. It highlights the fact that the country is a major player in the global tourism market, and that its citizens are increasingly taking advantage of the opportunities to explore the world. This is an important factor for businesses in the travel industry to consider when planning their strategies, as it indicates a large and growing customer base.
Domestic tourism in the United States generated nearly 1.2 trillion U.S. dollars in revenue in 2018.
This statistic is a testament to the immense economic impact of domestic tourism in the United States. It highlights the importance of the travel industry to the US economy, and the potential for further growth in the sector. It also serves as a reminder of the importance of investing in the travel industry, as it can provide a significant boost to the economy.
81% of the global travel bookings in 2019 were made online.
This statistic is a testament to the power of the digital age and its impact on the travel industry. It highlights the importance of having an online presence for businesses in the travel industry, as well as the need for them to stay up-to-date with the latest technology and trends in order to remain competitive. This statistic is a valuable insight into the current state of the travel industry and can be used to inform decisions about how to best serve customers and stay ahead of the competition.
The annual revenue of the global hotel industry amounted to 600 billion U.S. dollars in 2018.
This statistic is a testament to the immense size and scope of the global hotel industry. It highlights the fact that the hotel industry is a major player in the travel industry, and that it is a lucrative and profitable sector. It also serves as a reminder of the importance of the hotel industry in the global economy, and the need for businesses to stay competitive in order to remain successful.
The global cruise industry generated a revenue of 27.4 billion U.S. dollars in 2019.
This statistic is a testament to the immense success of the global cruise industry in 2019. It highlights the immense potential of the travel industry and the lucrative opportunities it presents to businesses and travelers alike. It also serves as a reminder of the importance of the cruise industry in the global economy and its ability to generate significant revenue.
Airbnb had a market share of 18.16% in the global online accommodation booking industry in 2019.
This statistic is a testament to Airbnb’s success in the global online accommodation booking industry in 2019. It demonstrates the company’s ability to capture a significant portion of the market, indicating that it is a major player in the travel industry. Furthermore, this statistic provides insight into the competitive landscape of the industry, showing that Airbnb is a formidable competitor in the online accommodation booking space.
In 2019, there were 96 million flight bookings made through mobile devices globally.
This statistic is a testament to the growing trend of mobile bookings in the travel industry. It shows that more and more people are turning to their phones to book flights, indicating that the travel industry is becoming increasingly mobile-friendly. This is an important development for the industry, as it means that more people are able to access the convenience of booking flights on the go.
1.4 billion people used digital travel services in 2019.
This statistic is a testament to the immense popularity of digital travel services, highlighting the fact that the travel industry is thriving in the digital age. It is a clear indication that the travel industry is continuing to grow and evolve, and that digital travel services are becoming increasingly popular. This statistic is an important reminder that the travel industry is an ever-changing and dynamic sector, and that it is important to stay up-to-date with the latest trends and developments.
Adventure tourism is a growing segment, with a market size of around 683 billion U.S. dollars in 2018.
This statistic is a testament to the immense potential of the adventure tourism industry. It shows that the market size of this sector is already quite large and is continuing to grow. This indicates that there is a great opportunity for businesses to capitalize on this trend and tap into the lucrative adventure tourism market. Furthermore, this statistic serves as a reminder of the importance of the travel industry in the global economy.
In 2019, the total number of international tourist overnight stays in Europe reached 3.7 billion.
This statistic is a testament to the immense popularity of Europe as a tourist destination. It shows that despite the challenges of the travel industry, Europe remains a top choice for travelers from around the world. It also highlights the importance of the travel industry to the European economy, as it provides a significant source of income for many countries.
The United Kingdom recorded 40.9 million international visitors in 2019.
This statistic is a testament to the immense popularity of the United Kingdom as a travel destination. It highlights the immense potential of the UK travel industry, and the potential for growth in the sector. It also serves as a reminder of the importance of the travel industry to the UK economy, and the need to ensure that it remains a vibrant and attractive destination for visitors.
Global business travel spending amounted to 1.28 trillion U.S. dollars in 2017.
This statistic is a testament to the immense size and scope of the travel industry. It demonstrates the sheer amount of money that is being spent on business travel, and the potential for growth in the industry. It also highlights the importance of travel to the global economy, and the need for businesses to invest in travel-related services. This statistic is a powerful reminder of the importance of the travel industry, and the potential for businesses to benefit from it.
In 2019, the United States hosted 79.26 million international visitors.
This statistic is a testament to the immense popularity of the United States as a travel destination. It shows that millions of people from around the world are drawn to the country’s diverse attractions, from its iconic cities to its stunning natural landscapes. This statistic is a reminder of the immense potential of the travel industry in the United States, and serves as a reminder of the importance of the industry in the country’s economy.
In 2019, the travel agency industry in the United States generated revenue of around 44.3 billion U.S. dollars.
This statistic is a testament to the immense success of the travel agency industry in the United States in 2019. It highlights the fact that the industry is thriving and that it is a lucrative business to be involved in. This statistic is also important in understanding the overall size and scope of the travel industry in the United States, and can be used to compare the industry to other industries in the country.
Conclusion
The travel industry is a major contributor to the global economy, with an estimated 9.2 trillion U.S. dollars generated in 2019 and 1.5 billion international tourist arrivals worldwide that same year. The direct contribution of travel and tourism to GDP was 3.6 trillion U.S., while domestic tourism in the United States alone brought in nearly 1.2 trillion U.S.. In addition, 330 million jobs were supported by this sector globally, 81% of bookings being made online and 600 billion U
References
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5. – https://www.etc-corporate.org
6. – https://www.ibisworld.com
