Travel & tourism
Rising income levels, more budget airlines and innovative accommodation options like Airbnb mean the uptick in global tourism is part of a long-term trend rather than a mere short-term bounce. The travel industry has been a big direct beneficiary of the globalisation trend. In 2014, the global tourism industry was estimated to be worth approximately $ 2.36 trillion. This figure increases to a colossal $7.6 trillion when the indirect impact is also taken into account.