{"id":7247,"date":"2025-03-01T08:09:00","date_gmt":"2025-03-01T02:39:00","guid":{"rendered":"https:\/\/www.tboacademy.com\/blog\/?p=7247"},"modified":"2025-02-27T17:12:45","modified_gmt":"2025-02-27T11:42:45","slug":"hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028","status":"publish","type":"post","link":"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/","title":{"rendered":"Hotel, resort and cruise market expected to surpass US$1 trillion by 2028"},"content":{"rendered":"\n<p>The Global Hotel, Resorts, and Cruise Industry is expected to grow from $603.44 billion in 2023 to $701.14 billion in 2024, with a 16.2% annual growth rate. Factors driving this include economic expansion, increased tourism, digital transformation, and rising luxury and experiential travel demand. By 2028, growth will be influenced by Millennials, Gen Z, sustainability, wellness, and personalized travel, with the Asia-Pacific region projected as the fastest-growing market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Global Hotel, Resorts, and Cruise Industry is expected to grow from $603.44 billion in 2023 to $701.14 billion in 2024, with a 16.2% annual growth rate. Factors driving this include economic expansion, increased tourism, digital transformation, and rising luxury&#8230; <a class=\"more-link\" href=\"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":4,"featured_media":7248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","footnotes":"","source":""},"categories":[2167],"tags":[2546,2270,2547,1024],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hotel, resort and cruise market expected to surpass US$1 trillion by 2028 - Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hotel, resort and cruise market expected to surpass US$1 trillion by 2028 - Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy\" \/>\n<meta property=\"og:description\" content=\"The Global Hotel, Resorts, and Cruise Industry is expected to grow from $603.44 billion in 2023 to $701.14 billion in 2024, with a 16.2% annual growth rate. Factors driving this include economic expansion, increased tourism, digital transformation, and rising luxury... Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/\" \/>\n<meta property=\"og:site_name\" content=\"Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-01T02:39:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-27T11:42:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tboacademy.com\/blog\/wp-content\/uploads\/2025\/02\/News-Icon-600-x-303-px-2025-02-27T170602.190.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"303\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Anamika Chauhan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anamika Chauhan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/\",\"url\":\"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/\",\"name\":\"Hotel, resort and cruise market expected to surpass US$1 trillion by 2028 - Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy\",\"isPartOf\":{\"@id\":\"https:\/\/www.tboacademy.com\/blog\/#website\"},\"datePublished\":\"2025-03-01T02:39:00+00:00\",\"dateModified\":\"2025-02-27T11:42:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.tboacademy.com\/blog\/#\/schema\/person\/6bb8368d4a451d7f4cbf13c0f9d1ed3f\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Blogs\",\"item\":\"https:\/\/www.tboacademy.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hotel, resort and cruise market expected to surpass US$1 trillion by 2028\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.tboacademy.com\/blog\/#website\",\"url\":\"https:\/\/www.tboacademy.com\/blog\/\",\"name\":\"Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.tboacademy.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.tboacademy.com\/blog\/#\/schema\/person\/6bb8368d4a451d7f4cbf13c0f9d1ed3f\",\"name\":\"Anamika Chauhan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tboacademy.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/430e3ef549879d5544a3bcfc15e8c881?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/430e3ef549879d5544a3bcfc15e8c881?s=96&d=mm&r=g\",\"caption\":\"Anamika Chauhan\"},\"description\":\"Anamika Chauhan is a Senior Content Writer at TBO Academy. Specializing in B2B content, she works closely with the marketing team to bring out the outlook about the industry in her write-ups. Connect with her on LinkedIn or write to her at anamika.chauhan@tbo.com\",\"sameAs\":[\"https:\/\/www.tboacademy.com\/\"],\"url\":\"https:\/\/www.tboacademy.com\/blog\/author\/anamika\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Hotel, resort and cruise market expected to surpass US$1 trillion by 2028 - Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/","og_locale":"en_US","og_type":"article","og_title":"Hotel, resort and cruise market expected to surpass US$1 trillion by 2028 - Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy","og_description":"The Global Hotel, Resorts, and Cruise Industry is expected to grow from $603.44 billion in 2023 to $701.14 billion in 2024, with a 16.2% annual growth rate. Factors driving this include economic expansion, increased tourism, digital transformation, and rising luxury... Continue Reading &rarr;","og_url":"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/","og_site_name":"Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy","article_published_time":"2025-03-01T02:39:00+00:00","article_modified_time":"2025-02-27T11:42:45+00:00","og_image":[{"width":600,"height":303,"url":"https:\/\/www.tboacademy.com\/blog\/wp-content\/uploads\/2025\/02\/News-Icon-600-x-303-px-2025-02-27T170602.190.png","type":"image\/png"}],"author":"Anamika Chauhan","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Anamika Chauhan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/","url":"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/","name":"Hotel, resort and cruise market expected to surpass US$1 trillion by 2028 - Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy","isPartOf":{"@id":"https:\/\/www.tboacademy.com\/blog\/#website"},"datePublished":"2025-03-01T02:39:00+00:00","dateModified":"2025-02-27T11:42:45+00:00","author":{"@id":"https:\/\/www.tboacademy.com\/blog\/#\/schema\/person\/6bb8368d4a451d7f4cbf13c0f9d1ed3f"},"breadcrumb":{"@id":"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.tboacademy.com\/blog\/hotel-resort-and-cruise-market-expected-to-surpass-us1-trillion-by-2028\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blogs","item":"https:\/\/www.tboacademy.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Hotel, resort and cruise market expected to surpass US$1 trillion by 2028"}]},{"@type":"WebSite","@id":"https:\/\/www.tboacademy.com\/blog\/#website","url":"https:\/\/www.tboacademy.com\/blog\/","name":"Find Top Trending Blogs, Business Blog, Travel Blog | TBO Academy","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tboacademy.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.tboacademy.com\/blog\/#\/schema\/person\/6bb8368d4a451d7f4cbf13c0f9d1ed3f","name":"Anamika Chauhan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tboacademy.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/430e3ef549879d5544a3bcfc15e8c881?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/430e3ef549879d5544a3bcfc15e8c881?s=96&d=mm&r=g","caption":"Anamika Chauhan"},"description":"Anamika Chauhan is a Senior Content Writer at TBO Academy. Specializing in B2B content, she works closely with the marketing team to bring out the outlook about the industry in her write-ups. Connect with her on LinkedIn or write to her at anamika.chauhan@tbo.com","sameAs":["https:\/\/www.tboacademy.com\/"],"url":"https:\/\/www.tboacademy.com\/blog\/author\/anamika\/"}]}},"_links":{"self":[{"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/posts\/7247"}],"collection":[{"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/comments?post=7247"}],"version-history":[{"count":1,"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/posts\/7247\/revisions"}],"predecessor-version":[{"id":7249,"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/posts\/7247\/revisions\/7249"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/media\/7248"}],"wp:attachment":[{"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/media?parent=7247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/categories?post=7247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tboacademy.com\/blog\/wp-json\/wp\/v2\/tags?post=7247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}