Travel Sector Forecast to Hit New Highs But U.S., China Lag in Bouncing Back

• Travel and tourism expected to produce record $11.1 trillion for global economy in 2024 • Report projects record $5.4 trillion in spending from domestic travelers in 2024 • International tourists will contribute estimated $1.89 trillion in 2024 • Global tourism and travel predicted to be responsible for nearly $16 trillion and 449 million jobs by 2034 • U.S. and China lagging behind other countries for international visitor return; could "suffer" without government support of travel sectors