Australia-New Zealand Travel Market to Shrink 5% by 2026, Recovery Expected to $43.3 Billion by 2029
💻 2026, ANZ travel market contracts nearly 5%; hotel sector down 9%, airlines down 1% due to rising fuel costs and cost-of-living pressures. Car rental shows steady growth. According to Phocuswright's report, recovery anticipated by 2029 with the market reaching $43.3 billion.
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