The global tourism industry is expected to achieve 80 per cent of the pre-pandemic turnover this year. This was revealed by the findings of a newly unveiled report by Statista at the virtual ITB Berlin Convention.
According to Statista’s Mobility Market Outlook (MMO), significant improvement was already noticeable in 2021. A 36 per cent rise in growth compared with 2020 was witnessed.
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.