Unprecedented Growth in Global Leisure Travel Market by 2025
The global leisure travel market is witnessing a remarkable surge in 2025. Major destinations such as London, Paris, New York, Tokyo, Sydney, and Los Angeles are experiencing a significant influx of travelers. This growth trend, as reported by HTF Market Intelligence, is projected to continue from 2025 through 2032.
The leisure travel market is anticipated to expand at a compound annual growth rate (CAGR) of 6%, achieving an estimated valuation of $2.3 trillion by 2032. This surge is propelled by the rising demand for personalized and immersive travel experiences. Leading companies like Hyatt Hotels, Accor Group, Expedia Group, Booking Holdings, and Marriott International are tailoring their services to cater to the evolving needs of millennial and Gen Z travelers.
The market is diversifying with a wide range of offerings, from solo travel and adventure tourism to wellness retreats and eco-friendly accommodations. The Asia-Pacific region remains a dominant player in the market, fueled by the growing affluence of middle-class consumers in countries such as China, India, and Japan. Meanwhile, Europe is emerging as the fastest-growing region for cultural exploration and culinary tourism.
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Source: Travel and Tour World
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