Travel demand is rebounding strongly in 2025, with US domestic leisure spending expected to exceed USD 1 trillion and global business travel projected to surpass USD 2 trillion by 2028. However, infrastructure challenges, such as air traffic control issues at major airports, and evolving geopolitical tensions, including conflicts in Eastern Europe and the Middle East, continue to pose risks. Additionally, new US policies impacting inbound tourism create a complex environment for the travel sector, even as the US prepares to host major global events in the coming years.
