Global Travel Rebounds with 24% Growth in 2023, Europe Leads the Way

The global travel industry is experiencing a strong resurgence, with a 24% growth in 2023, reaching a staggering $1.5 trillion in gross bookings. Europe, particularly the EU-28, continues to dominate the market, driven by a robust infrastructure, diverse attractions, and a favorable economic recovery. Emerging markets are also making their mark, reshaping the global travel landscape and presenting exciting new opportunities for growth.

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