tic/chunks/6874-2694f14b63ed0fa5.js","3032","static/chunks/3032-a629415174727b48.js","2757","static/chunks/2757-8d2cdb4445c202a9.js","4341","static/chunks/4341-5a5349172ede7329.js","8034","static/chunks/8034-39e33ec8357f2a6c.js","5152","static/chunks/5152-922a5ba2496d85ea.js","2612","static/chunks/2612-84ea226ab941a285.js","4298","static/chunks/4298-209f547b60350c2f.js","408","static/chunks/408-2def90ab2dd1047e.js","6944","static/chunks/6944-a40475c8b3be7543.js","4898","static/chunks/4898-9011b9f31628bae5.js","8585","static/chunks/8585-fcdedf5407eec71f.js","7600","static/chunks/7600-abe21dcf1abe1b2b.js","65","static/chunks/65-68efba4beedc0b28.js","6261","static/chunks/6261-e382ffb9061db80e.js","9025","static/chunks/9025-c653e23313ac7a2f.js","2494","static/chunks/2494-47751262e647d853.js","3390","static/chunks/3390-3abf32650dfe052b.js","5858","static/chunks/app/posts/%5Bslug%5D/page-dc3773d05689062d.js"],"PostInteractionsWrapper"] 2b:T6b1,

Global travel is back and buzzing, says a McKinsey & Company study. More regional travel, new emerging travelers and a fresh set of destinations are driving steady spending.

McKinsey says that after declining 75 percent in 2020 due to the pandemic, travel is on track toward a full recovery by the end of 2024. Domestic travel is expected to grow 3 percent annually to 19 billion overnight stays by 2030; international travel is forecast to return to nine billion overnight stays; and travel spending is estimated to reach $8.6 trillion in 2024, representing approximately 9 percent of global GDP.

The world’s top 10 destination countries — in order: United States, Spain, China, France, Saudi Arabia, Türkiye, Italy, Thailand, Japan, and India — currently receive 45 percent of all travel spending, including for domestic travel.

Key takeaways

Prioritize domestic travel: Focus on capturing domestic travel demand before shifting to international markets, especially targeting travelers fr