Inbound Tourism Spending Habits and Trend Analysis of the Top 10 Expenditure Markets, 2021-2025

Inbound Tourism Spending Habits and Trend Analysis of the Top 10 Expenditure Markets, 2021-2025

Summary

GlobalData’s Expenditure Markets In Focus report provides in-depth analysis of the top 10 inbound spending markets globally. Here, detailed commentary and analysis is provided for inbound spending in the US, Spain, Turkey, France, Italy, Mexico, Germany, Greece, UAE, and Austria.

Key Highlights

• Though the US witnessed a 6% decline in inbound spending over 2020, the country managed to be on top of the Inbound Tourism Expenditure chart in 2021
• Following the US, the second and third positions were held by Spain and Turkey, with an inbound expenditure of $27.3 billion and $24.5 billion, respectively
• Out of the top 10 inbound expenditure countries, Spain, Turkey, France, Mexico, Greece, and UAE performed better than in 2020, whereas the US, Italy, Germany, and Austria had a worse year than in 2020.

• The report provides detailed market analysis, information and insights for the top 10 inbound spending markets globally. Historic and forecast tourist volumes covering the top 10 global inbound tourism markets are combined with a detailed analysis of tourist spending patterns in these markets. Insight on key trends and issues in these markets is then given.

• Understand how the top 10 markets are expected to grow using historic and forecast market data
• Understand the demand-side dynamics within the industry to identify key market trends, growth opportunities
• Direct promotional efforts on the most promising markets by identifying the key source countries.