Tourism is officially back. The world welcomed 1.4 billion international travellers in 2024, matching pre-pandemic levels and capping a dramatic recovery for one of the hardest-hit global sectors. But as the industry shifts from rebound to stability, the spotlight is turning to rising costs, weather shocks and geopolitical risk – with experts warning that growth in 2025 could test the limits of sustainable expansion.
According to UN Tourism’s latest World Tourism Barometer, international tourist arrivals in 2024 rose 11% over the previous year — an additional 140 million travellers. Europe led the way with 747 million visitors, just edging past 2019 levels, while the Middle East stood out as the strongest performer relative to pre-COVID figures, up 32% from five years ago. Africa also posted a solid gain of 7% over 2019, while the Americas came close to full recovery at 97%.
Asia and the Pacific are still catching up, with arrivals reaching 87% of 2019 levels by the end of 2024. But momentum is building, and the region could drive much of the growth expected in 2025. Overall, UN Tourism projects a 3–5% increase in international arrivals next year – a more modest pace after two years of sharp rebounds.
And the money is flowing too. Tourism receipts reached $1.6 trillion in 2024, up 4% in real terms over pre-pandemic levels. Total exports from tourism, including passenger transport, hit a record $1.9 trillion. While the average tourist now spends less per trip than they did in 2020–2021, global earnings are higher than ever thanks to sheer volume and the return of big-spending source markets like India, the US, Germany and the UK.
Some destinations posted jaw-dropping growth. Qatar more than doubled its pre-pandemic tourist arrivals (+137%), while El Salvador (+81%), Saudi Arabia (+69%), Albania (+80%), and Malta (+29%) all posted standout gains. On the earnings side, Kuwait (+232%), El Salvador (+206%) and Saudi Arabia (+148%) led the pack in local currency terms.
But 2025 may not be a victory lap. The UN Tourism Confidence Index shows 64% of experts expect a better year ahead – but nearly half flagged rising transport and accommodation costs as a major threat. Inflation, oil prices, and currency volatility are also weighing on sentiment. Geopolitical risks, extreme weather and staff shortages round out the top five concerns.
There’s also a growing sense that the sector is nearing a crossroads. While tourist numbers are recovering, so are crowds, emissions and infrastructure strains. The industry faces pressure to do more than just grow – it has to transform. That means more sustainable practices, smarter use of digital tools, and the promotion of lesser-known destinations over overtouristed hotspots.
Zurab Pololikashvili, Secretary-General of UN Tourism, summed it up: “This recalls our immense responsibility as a sector to accelerate transformation, placing people and planet at the centre of the development of tourism.”
You Might Also Like
Latest Article
Endo Finance p.l.c. Launches €23 Million 5.75% Partially Secured Bond Issue
Malta-based Endo Finance p.l.c. (C 89481) has announced the launch of an issue of up to €23 million in 5.75% Bonds maturing in 2036, supporting the consolidation of the Endo Group’s financing structure and the continued development of its commercial vessel operations. The Bond Issue will be guaranteed by Endo Ventures Ltd and partially secured … Continued
|
24 July 2026
Written by Kim Vucinovic Cutajar
REVOLUT NAMED WORLD’S BEST DIGITAL BANK FOR 2026 AS REVENUE HITS £4.5 BILLION
|
24 July 2026
Written by Yannick Pace
GIANLUCA BORG NAMED CEO OF PG GROUP AFTER MORE THAN A DECADE IN SENIOR LEADERSHIP
|
23 July 2026
Written by Yannick Pace