Tourism refers to the temporary travel of individuals outside their usual environment, an activity which is more common today than ever before. In 2022, there were more than one billion international tourist arrivals worldwide and international tourism receipts hit a new record of 837 billion euros, equalling to a 4% increase from the previous year. In addition, another five to six billion tourists are estimated to travel domestically every year. It is clear that the tourism industry is a significant contributor to the global economy, as it generates export earnings not only through international tourism receipts but also through international passenger transport. Consequently, international tourism accounts for 30% of the world’s exports of services, 6% of overall exports, and is ranked fifth as a worldwide export category, right after fuels, chemicals, food, and automotive products.
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