Airbnb, Inc. is supporting the Seoul Tourism Organization's Global Fair and Sustainable Travel Contest, an initiative to promote fair and sustainable travel practices, which has also been approved as an official program of the World Tourism Organization (UNWTO) in 2022.
TUI AG, through its TUI Care Foundation, is going to collaborate with Green Phenix and Mambo Beach to launch a new initiative to make Curacao cleaner. As a result of the installation of recycling stations along Mambo Boulevard, waste is being collected, and brought to a recycling facility where it is recycled into new useful products. This project is part of the Destination Zero Plastic program of the TUI Care Foundation.
Author Credits: Parul Atri
Report ID: 109
Published Date: Jun 13, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2024, the industry size of tourism is estimated at USD 11.34 Trillion.
The tourism market size was valued at USD 10.81 Trillion in 2023 and is poised to cross USD 21.13 Trillion by the end of 2036, registering more than 5.3% CAGR during the forecast period i.e., between 2024-2036. Socio-economic capita income, the growing trend of sustainable tourism, and surge in socio economic growth are some major factors driving the growth of the market.
Europe is set to hold the largest industry share by 2036, owing to the rising disposable income and growing technological and digital advancements.
Airbnb, Inc., G Adventures, Inc., TUI AG, Balkan Holidays Limited, Accor Group, DuVine Cycling + Adventure Co., Gray & Co., American Express Company, Omega World Travel, Inc., World Travel Holdings
In the year 2024, the industry size of tourism is estimated at USD 11.34 Trillion.