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Tourism overview and the state of the internal luxury travel market

ÌÇÐÄÆÆ½â°æ trend report on internal luxury tourism, exploring the recovery of key countries to pre-pandemic levels and future outlooks

The travel and tourism industry was not spared from the effects of the outbreak of COVID-19 and has faced lots of pressures, such as wage demands, labor shortages, and supply chain disruptions.

Nonetheless, the road to full recovery is well underway, and the industry continues to bounce back from the slowdown that started in early 2020.

The internal travel and tourism industry recorded a revenue of 6.6 trillion U.S. dollars in 2023, surpassing its pre-COVID level by 14 percent. Whereas the internal luxury travel and tourism market generated a revenue of almost 1.4 trillion U.S. dollars in 2023, rising 10 percent above its pre-COVID level.

Following an overview of the current status and future outlooks of both regular and luxury tourism, this report analyzes the pandemic-level recovery of key countries.

Table of contents

This report provides a comprehensive analysis of both regular and luxury tourism, detailing their current states. It includes a thorough examination of the recovery status of the tourism industry, accompanied by forecasts. After offering a global overview, the report dives deeper into specific data and statistics, focusing on the conditions and performance of key countries in the sector.

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