With a perfect stream of events — including an emerging middle class in several global economies, an aging but healthy population with both money and time on their hands to expend all of a sudden and a host of digital technologies that make travel extremely easy from almost all corners of the globe — it seems cross-border travel is about to explode in a big way.
Such is the conclusion of a new study from Visa that marks a dramatic spike in international travel over the next decade.
How dramatic?
We’d love to be your preferred source for news.
Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!
282 million | The number of households projected to plan at least one international trip every year by 2025.
$20,000+ | The annual income of the head of household in the “traveling class” as defined by Visa.
$5,300 | What consumers will spend on average on each of those trips, a 35 percent increase over the ten-year period 2015-2025.
Advertisement: Scroll to Continue
86% | The amount cross-border travel is projected to grow among Chinese consumers between 2015 and 2025.
33% | The amount cross-border travel is project to grow among American consumers between 2015 and 2025.
Add as Preferred Source
