The travel and tourism sector has been robust and vivacious in a world of constant change and uncertainty. The rising demand for hospitality services, busy airports, and well-known travel destinations make it clear that tourism is more than just a recreational activity – it is a vital component of global economic expansion. Notwithstanding obstacles, the industry grew at a never-before-seen rate in 2023, paving the way for a comeback driven by unmet demand in 2024 and beyond. As per recent reports, the industry is expected to contribute significantly to the global GDP and employment creation by 2030, indicating that it is on a solid trajectory. As we move ahead, Amit Jain – Founder, Bookntravel, believes that the robust travel sentiment will continue, and anticipates a sustained surge in demand from the travellers. Here are a few compelling factors that will drive the exponential growth of the travel and tourism sector.
Constant rise of…