According to a Statista study on luxury tourism, the revenue of both types of internal tourism are anticipated to dropped significantly in 2020 because of the COVID-19 pandemic. Nonetheless, luxury internal travel is expected to concentrate around 18 to 19 percent of the world's total internal tourism revenue for each given year. Furthermore, it is projected that both standard and luxury internal tourism revenues will be able to recover from the pandemic by 2023, generating around 5.2 trillion and 1.2 trillion U.S. dollars, respectably.
Distribution of internal tourism revenue worldwide from 2019 to 2024, by type
(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.
A country's luxury tourism revenue is defined as income generated by domestic and inbound international high-net-worth individuals (HNWIs) through the acquisition of consumer goods, services, and valuables for and during trips. HNWIs have net assets over one million U.S. dollars.
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Statista. (March 5, 2021). Distribution of internal tourism revenue worldwide from 2019 to 2024, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1070033/internal-luxury-tourism-revenue/
Statista. "Distribution of internal tourism revenue worldwide from 2019 to 2024, by type (in billion U.S. dollars)." Chart. March 5, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1070033/internal-luxury-tourism-revenue/
Statista. (2021). Distribution of internal tourism revenue worldwide from 2019 to 2024, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1070033/internal-luxury-tourism-revenue/
Statista. "Distribution of Internal Tourism Revenue Worldwide from 2019 to 2024, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Mar 2021, https://www.statista.com/statistics/1070033/internal-luxury-tourism-revenue/
Statista, Distribution of internal tourism revenue worldwide from 2019 to 2024, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1070033/internal-luxury-tourism-revenue/ (last visited November 22, 2024)
Distribution of internal tourism revenue worldwide from 2019 to 2024, by type (in billion U.S. dollars) [Graph], Statista, March 5, 2021. [Online]. Available: https://www.statista.com/statistics/1070033/internal-luxury-tourism-revenue/
