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Friday, May 3, 2024

Rise in international travel spending forecast for 2022

A new report published by the World Tourism and Travel Council (WTTC) and the Trip.com Group has found that international spending on travel is expected to rise by 94 per cent in 2022.

The Trending in Travel report, which is intended to explore the ‘latest traveller trends, behaviour and future booking patterns in the wake of Covid-19’, focuses on ‘booking trends, consumer considerations, and consumer profiles,’ as well as featuring examples of ‘markets whose resilience has provided a platform for the recovery of the Travel & Tourism sector.’

International travel spend to overtake domestic

The report projects strong growth for international spending, which is expected to overtake domestic spending in 2022 as more destinations ease restrictions and vaccination rates continue to rise.

International spending is…

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