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Global tourism generates approximately $1.5 trillion in revenue each year, contributing significantly to the economies of many countries. In 2019, before the COVID-19 pandemic, international tourist arrivals reached nearly 1.5 billion, highlighting the scale of the industry. Although the sector faced substantial declines during the pandemic, it has been gradually recovering, with expectations for continued growth in the coming years. The exact income derived from tourism can vary widely by region and is influenced by factors such as local attractions, infrastructure, and cultural offerings.

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2w ago

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