Travel Tech Insider
Travel Tech Insider
Gilad Berenstein and Cara Whitehill
Travel and the Economy: Navigating Chaos
51 minutes Posted Jul 7, 2026 at 9:00 am.
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Travel is one of the largest industries in the world, yet its economic significance is chronically underappreciated — by consumers, by policymakers, and even by the markets that price it. In the United States alone, domestic travel accounts for the vast majority of the industry’s GDP contribution — yet public discourse and government measurement almost exclusively focus on inbound international tourism. Meanwhile, the World Travel & Tourism Council estimates that travel and tourism repres...