Market Research Report Travel & Tourism Industry in Top 5 Emerging Market

Travel & Tourism Industry in Top 5 Emerging Markets
Expected to Reach a Value of $2.174.2 Billion in 2020
No of Pages – 128
Publishing Date - November, 2016
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As tourism is one of the main resources for any country that features historical, mythological
and natural tourist spots, it is no wonder to say that all the BRICS countries are the best tourist
destinations in the world. China and India have been the global driving force in the travel and
tourism industry growth. A large arrival of tourists from Asia has been driving the western market,
which has resulted in market growth in those countries.

According to the Travel & Tourism Top 5 Emerging Markets Industry Guide-2016, these countries
have contributed $1,377.5 billion to the global travel & tourism industry in 2015, along with a
CAGR of 9.7% between 2007 and 2011. The top 5 emerging countries are expected to reach a
value of $2,174.2 billion in 2020, with a CAGR of 9.6% during the forecast of 2015-20 period.
The travel and tourism industry report consists of revenues generated by passenger airlines,
passenger rail, food service, hotels, travel intermediaries & casinos as well as gaming. Currently,
China is the leading country among the top 5 emerging nations with market revenues of $1,051.8
billion.