Travel market seen at $6.9b by 2034

IMARC projects 4.28% annual growth from 2026 to 2034.

The travel and tourism market is expected to reach $6.9b by 2034, up from $4.7b in 2025, according to a report by IMARC Group.

IMARC estimated the market will expand at a 4.28% compound annual growth rate from 2026 to 2034.

The report cited factors including Singapore’s position as a regional transit hub, aviation and hospitality infrastructure, a recovery in cruise passenger numbers, and greater use of digital booking and travel services.

IMARC also pointed to visa policies and government tourism initiatives, including meetings, incentives, conferences and exhibitions, cultural festivals, and sustainable tourism practices.
The study segments the market by domestic, inbound, and outbound travel, as well as service offerings such as ticket reservations, hotel bookings, and holiday and tour packages.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia