The tourism and entertainment industry functions as a vital foundation for the global services economy, as it enables cultural exchange while creating employment opportunities and stimulating economic expansion. The industry, which includes travel and hospitality, theme parks, live events, film and music, and digital entertainment platforms, influences consumer experience and global connectivity. The industry generated more than USD 9 trillion for global GDP in 2024, which represents 9% of worldwide GDP, indicating its essential role in both developed and emerging market economies.
The tourism industry will experience fundamental changes through digital transformation, sustainability initiatives, changing customer bases, and political instability by 2025. The travel industry recovery from the pandemic, along with experience-based tourism growth, immersive technology adoption, and streaming entertainment systems, is accelerating the industry transformation. The combination of environmental challenges and official sustainability rules forces companies to adopt eco-friendly tourism practices and sustainable operations, and environmentally responsible content development. The market leaders who merge digital experiences with sustainable business operations will achieve lasting growth in this fast-changing industry.