According to a Statista study on luxury travel and tourism published in March of 2021, China registered the largest internal tourism revenue among the trending travel destinations in 2020. With about 927 billion U.S. dollars, the Asian country surpassed the internal tourism revenue in the United States by more than 300 billion U.S. dollars. This pattern is anticipated to continue in 2024, however, all the listed trending travel destinations are projected to generate far higher revenues in that year than they did in 2020. This expected global revenue growth in tourism is attributed to the pent-up demand to travel being released as travel restrictions related to the COVID-19 are lifted in the years succeeding 2020.
Total internal tourism revenue of trending travel destinations worldwide in 2020 and 2024
(in billion U.S. dollars)
Total internal tourism revenue is defined as the revenues of a country generated by domestic and inbound international tourists through the acquisition of consumer goods, services and valuables for and during trips.
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Statista. (March 5, 2021). Total internal tourism revenue of trending travel destinations worldwide in 2020 and 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/statistics/1069478/trending-travel-destinations-tourism-revenue/
Statista. "Total internal tourism revenue of trending travel destinations worldwide in 2020 and 2024 (in billion U.S. dollars)." Chart. March 5, 2021. Statista. Accessed November 14, 2024. https://www.statista.com/statistics/1069478/trending-travel-destinations-tourism-revenue/
Statista. (2021). Total internal tourism revenue of trending travel destinations worldwide in 2020 and 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/statistics/1069478/trending-travel-destinations-tourism-revenue/
Statista. "Total Internal Tourism Revenue of Trending Travel Destinations Worldwide in 2020 and 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Mar 2021, https://www.statista.com/statistics/1069478/trending-travel-destinations-tourism-revenue/
Statista, Total internal tourism revenue of trending travel destinations worldwide in 2020 and 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1069478/trending-travel-destinations-tourism-revenue/ (last visited November 14, 2024)
Total internal tourism revenue of trending travel destinations worldwide in 2020 and 2024 (in billion U.S. dollars) [Graph], Statista, March 5, 2021. [Online]. Available: https://www.statista.com/statistics/1069478/trending-travel-destinations-tourism-revenue/
