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Tourism business : what future ?

The chart shows in blue the historical values of ITR, from 1950 to 2011. The red line shows the S-curve logistic function forecast, fitted to the actual ITR, and extended into the future.

The forecast does not claim to be a prediction of ITR for the coming years, but only a suggestion,...

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S-curve graph and statistics of a logistic function forecast of ITR, showing that the tourism business still has a good many years to live. However, the fast growing track is over : from 2007 onwards, growth has been slowly decelerating, moving towards eventual market saturation at about 1.5 $US trillion. This is still far away, in about a quarter of century.

 

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