Global Tourism Investment Shows Uptick but Is Far Below 2019

Key Points

• Global tourism investment rose by 23% in 2022 but remains below 2019 levels.
• The total value of tourism investment projects in 2022 was $10.2 billion, significantly down from $60.9 billion in 2019.
• Western Europe led in total investment projects, while China saw a steep decline and India became a key source of tourism investment in the Asia-Pacific region.

Summary

Global tourism investment saw an increase in 2022 for the first time since the pandemic, with new capital projects rising by 23% to 352. However, this is still significantly lower than the 753 projects in 2019. The total value of these projects in 2022 was $10.2 billion, down from $60.9 billion in 2019. Western Europe led in total projects and value, while Asia-Pacific saw fewer projects. China experienced a notable decline, while India emerged as a major source of tourism investment in the region.