Global Travel Industry Set To Fully Rebound From The Pandemic. Industries Eye Asia-Pacific Region For Future Growth.

Benzinga 2024-12-10

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The global travel industry is poised for full recovery from the COVID pandemic this month, according to U.N. Tourism. International arrivals during the first nine months of 2024 reached 98% of 2019 levels, with a full rebound expected by year-end. The Middle East led the recovery, driven by surges in visitors to Qatar and Saudi Arabia. Asia-Pacific is projected to be the epicenter of global travel growth, with air passengers expected to double by 2042. Hospitality companies are expanding aggressively in the region.

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