The demand for overseas travel has peaked lately, despite geopolitical uncertainties and global economic headwinds. According to the United Nations World Tourism Organization (UNTWO), about 700 million tourists traveled overseas between January and September, more than double the figure for the same time the previous year.
Tourism recovery is on track to reach 65% of pre-pandemic levels by the end of this year. Pent-up leisure travel demand, improved confidence levels, and easing travel rules and restrictions have driven the recovery.
