Top Strategies to Follow in Travel Retail

With the hike in traveling and the evolution in buying behavior, retailers and brands have to pave a new way for travel retailing.

Trends

31 July, 2024

Table of contents

The global travel and tourism industry is expected to touch $927,3 billion in 2024 with a CAGR of 3,47%. Additionally, luxury travel is forecasted to reach $703,14 billion between the years 2022 and 2027. Europe will contribute the most to it (29%). Mexico, India, Italy, Japan, Spain, South Korea, and Canada will be key markets.