The world tourist market continues to grow rapidly. Boston Consulting Group analysts predict that by 2040, the total cost of rest and travel will reach a striking $ 15 trillion a year. For comparison, in 2024 this figure is about 5 trillion.
The main driver of this growth will be developing countries, including China, India and Saudi Arabia. It is these states that demonstrate the most dynamic growth of the middle class, which stimulates an increase in demand for tourist services.
International tourism in monetary terms will increase more than three times-from $ 424 billion in 2024 to 1.4 trillion in 2040. China will become an indisputable leader in travel costs.
The BCG reports compare the situation with how the tourist boom survived the US in the mid -twentieth century. At that time, the growth of middle -class income gave impetus to the formation of a powerful recreation industry.
At the same time, Bloomberg experts say that accurate tourist cost calculations are difficult. In particular, the calculations include not only the trips themselves, but also the cost of restaurants, accommodation, transport, as well as the contribution of hospitality industry to the economy.
The World Travel and Tourism Council predicts that by the end of 2025 the tourism contribution to world GDP will be $ 11.7 trillion, or 10.3% of the total volume.
Despite the optimistic figures, BCG recognizes that the calculations do not take into account the possible risks - in particular, the threats of trade wars and conflicts that can seriously affect the market in regions such as the Middle East.
