ANI |
Updated: May 16, 2024 13:01 IST
PRNewswire
Singapore, May 16: The global travel sector is breaking boundaries in 2024 as consumer spending on tourism“>tourism remains robust and passenger traffic soars, according to the latest report from the Mastercard Economics Institute (MEI). Released today, the MEI’s fifth annual report, “Travel Trends 2024: Breaking Boundaries” provides comprehensive insights into the evolving landscape of the travel industry across 74 markets, including 13[1] in the Asia Pacific region (APAC).
Despite fluctuating exchange rates and varying levels of affordability, travel is booming, with nine out of the last 10 record-setting spending days in the global cruise and airline industries occurring this year[2]. Looking ahead, the MEI anticipates this momentum will continue as consumers around the world prioritize meaningful experiences and allocate more…
tourism-destinations-asia-pacific-is-making-a-comeback-mastercard-economics-institute-on-travel-in-202420240516130141″ target=”_blank”>Read further.
