Tourism organisations upbeat despite cost and staffing challenges

Our new Tourism Economics survey – Tourism Industry Monitor (TIM) – identifies optimism as industry experts expect global destinations to surpass 2019 performance in Q4 2023.

What you will learn:

• There is a more positive view looking out to 2024 and beyond as tourism organisations showed increased confidence regarding future performance.
• Increasing costs and staff challenges are key barriers to growth currently, mentioned by over half of respondents.
• New tourism infrastructure and initiatives, the return of leisure events and business travel, and new opportunities from “bleisure” travel are considered key growth drivers.