America Generated $2.4 Trillion From Tourism in 2024

Key takeaways

• The U.S. and China have the world’s only trillion-dollar tourism economies
• The WTTC predicts China will overtake the U.S. in the next decade, while India could rise to fourth

Tourism in China

China’s travel sector is growing extremely quickly according to the WTTC, posting year on year growth of 136% in 2023.

This is due to several policies, including easing visa restrictions and introducing new tax-refund shopping policies.