What is the tourism forecast for 2023?

Indeed, the World Travel & Tourism Council (WTTC) forecasts that the global travel and tourism sector will reach US$9.5 trillion in 2023 — just 5% below 2019 pre-pandemic levels. The positive summer travel outlook is echoed by data from J.P. Morgan Research.



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According to estimates from the World Tourism Organization (UNWTO) for 2023, international tourist arrivals could reach 80 to 95 percent of prepandemic levels depending on the extent of the economic slowdown, travel recovery in Asia–Pacific, and geopolitical tensions, among other factors.

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Key takeaways: Global leisure travel remains robust, up roughly 31% in March 2023 compared to the same period in 2019, representing an impressive 25% year-over-year-to-date change from 2022 to 2023.

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Global tourism arrivals will increase by 30% in 2023, following growth of 60% in 2022, but will remain below pre-pandemic levels.

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According to a recent Prosper Insights & Analytics survey, 2023 is the year in which travel is starting to climb back up to pre-covid numbers. The post-pandemic world is likely to continue to grow as China and Asia completely recover alongside these trends becoming the new standard in travel.

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In 2023, I expect that to reverse and year-over-year fares to fall. With China—the last major country with covid travel restrictions—poised to reopen on January 8, I'm anticipating a huge uptick in transpacific flights (which are currently down 50% compared to 2019). More competition = cheaper fares.

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Three years later, the world is adjusting again. While tech companies shed jobs in response to the state of the economy in 2023, the hospitality industry is now ready to hire in response to the expected increase in travel. One of the sectors that had the biggest job growth in December 2022 was travel and leisure.

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Top 24 Countries To Visit in 2023
  • Sri Lanka – Lush Greenery & Scenic Beaches.
  • Germany – Postcard-Perfect.
  • Zimbabwe – Hidden Gem.
  • Panama – Picturesque Coastline.
  • Kyrgyzstan – Semi-Nomadic Experience.
  • Jordan – Open Up To New Experiences.
  • Indonesia – Most Beautiful Of All.
  • Belarus – Europe's Most Trending.


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How to Maximize Your Vacation Days
  1. The Presidents' Day Weekend: Book 1 Day Off for a 4-Day Vacation.
  2. The Easter Escape: Book 4 Days Off for a 9-Day Vacation.
  3. The Memorial Day Getaway: Book 4 Days Off for a 9-Days Vacation.
  4. The Big Summer Trip: Book 9 Days Off for a 16-Day Vacation.


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The Least-Visited Country in the World: Tuvalu According to the United Nations World Tourism Organization, the remote Pacific island country Tuvalu is the least-visited country globally.

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The List Of Safest Countries Is Out For 2023 | Where Are You Going To Head Out Next?
  • Ireland.
  • New Zealand. ...
  • Austria. ...
  • Singapore. ...
  • Portugal. ...
  • Slovenia. ...
  • Japan. Samurais, Mt. ...
  • Switzerland. Switzerland has always been known for its high safety standards, political neutrality and chocolate. ...


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CBRE's revised forecast projects 2023 RevPAR will be up 4.6 percent year over year to $96.64, which is down $1.25 from its previous forecast, issued in May. CBRE's softened RevPAR projections are partially attributed to decreased occupancy expectations and a decline in demand, according to the company.

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70% of Gen Z and millennial respondents agree that they have been inspired to visit a destination after seeing it featured in a TV show, news source, or movie. And 61%of Gen Z and millennials agree that a top motivation for traveling in 2023 is to visit a destination because it looks great in photos and videos.

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The cheapest months to travel are:
  • November – early December.
  • Late January – March.


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On average, Sunday is the best day for savvy savers to book a flight, according to the experts, with seat prices usually at their lowest of the week. Conversely, plane tickets cost the most on Fridays, as interest in travel usually soars close to the weekend.

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After soaring in 2022, prices for domestic airline tickets are on the descent. In June 2023, airfares had dropped by 8.1% from May and by 18.9% over the previous 12 months, according to the June Consumer Price Index (CPI) report from the U.S. Bureau of Labor Statistics.

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Time your booking right
“For domestic flights, if you're talking peak season, it's about three to seven months in advance,” he says. “For international flights — [it's] four to 10 months.”

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49% of Americans Plan To Travel More in 2023 This is especially true among younger respondents, with 59% of those between the ages of 18 to 26 planning to travel more in 2023. This is impressive considering 45% of respondents traveled once or twice in 2022, with 42% traveling three or more times in 2022.

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Hotel rates in the U.S. rose 1.8% in May 2023 from the previous month, according to the U.S. Bureau of Labor Statistics. Rates this May were also 3% higher from the same month last year. Travelers have seen hotel rates surge in part because the cost of operating hotels has risen.

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