Unstoppable tourism: 30 billion trips projected by 2034
12-07-25
The World Economic Forum, in collaboration with Kearney and the Ministry of Tourism of Saudi Arabia, has released a projection of tremendous scope: the global travel and tourism industry could reach 30 billion trips annually by 2034. If this forecast materializes, it would trigger a massive expansion of the sector, generating up to $16 trillion in global GDP—equivalent to more than 11% of the world economy.
Turning that number into reality will require an enormous investment in infrastructure. It is estimated that nearly 7 million new hotel rooms will need to be built, along with 15 million additional flights per year. Significant resources must also be allocated to road networks, airports, land transport, renewable energy, digital technologies, and workforce training to sustain this growing demand.
This scenario also presents exceptional opportunities in key regions. Asia is emerging as the most dynamic tourism economy on the planet. The region's direct contribution to GDP from tourism could exceed 7% by 2034. India and China are expected to be the main drivers of this growth, and by 2030, they could represent more than 25% of all outbound international travel. Other emerging economies—such as Sri Lanka, Thailand, Indonesia, and Saudi Arabia—are aggressively investing in infrastructure, destinations, and connectivity to capture a share of this booming travel flow.