New Delhi, June 25 -- The global leisure travel industry is set to become a USD 15 trillion opportunity by 2040, a significant increase from USD 5 trillion in 2024, revealed a recent report by BCG.

This growth was attributed towards a burgeoning middle class in emerging markets, a shift towards valuing experiences over material possessions, and the increasing emphasis on creating memories.

The domestic trips form the majority of leisure travel, particularly in emerging markets, highlighting the need for stakeholders to attract local and regional tourists.

While it also includes international travel, the report reveals that the future traveller will be diverse, with a growing number of visitors from emerging markets like China, India, S...