Travel & Tourism Industry in Top 5 Emerging Markets Expected to Reach a Value of $2.174.2 Billion in

Research Reports from Top Publishers

  1. mark research
    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.