Markets

Insider Trading

Hedge Funds

Retirement

Opinion

The Country with the Most Domestic Tourism in the World

We recently compiled a report on the 15 Countries with the Most Domestic Tourism in the World, and in this article we will look at the top country.

Domestic Tourism in a Post-Pandemic World

Domestic tourism refers to trips that individuals take within their own countries and thus, involves no crossing of international borders. Both international and domestic tourism suffered drastically when the COVID-19 pandemic hit. According to the World Tourism Organization (WTO), 2020 saw a 73% decline in international tourist arrivals. However, the situation for domestic tourism was a bit different.

In 2020, Lin et al. conducted a study on 65 regions in four countries, namely Austria, Germany, the Czech Republic, and Switzerland. Their analysis showed that domestic overnight stays had a 30% decrease in densely-populated areas, whereas a 15% increase in sparsely-populated areas. A 2020 report from WTO noted that as the tourism industry rebounded, the demand was more likely to shift towards domestic tourism and ‘nature-based’ outdoor tourism. The organization also anticipated that recovery for domestic tourism would be much stronger than international travel.

This is why boosting domestic tourism became a COVID-19 policy for many tourism-based economies. The IMF reported that the government of Thailand devised $700 million for advancing domestic tourism. The country also subsidized hotel accommodations by 40% for five million nights in total. Costa Rica moved all national holidays to Mondays, in an attempt to extend weekends and thus encourage domestic tourism. Malaysia spent $113 million in allocating discount vouchers for domestic travel.

These initiatives helped many countries deal with the blow of losing international travel. Domestic tourism was already a big industry in many nations, with the WTO noting that 75% of tourism expenditure in OECD countries is domestic. In 2022, Grand View Research valued the global domestic tourism market to be worth $1.6 trillion. The market was projected to grow at a compound annual growth rate (CAGR) of 17% from 2023 to 2030, reaching $5.8 trillion by the end of the forecast period. According to the 2023 Economic Impact Report by the World Travel and Tourism Council, domestic visitor spending saw an increase of 18.1% in 2023, surpassing 2019 levels.

Airbnb and its Impact on Domestic Tourism 

As travelers flock to domestic locations, companies such as Airbnb, Inc. (NASDAQ:ABNB) play a huge role in helping them plan their trips. The company offers a diverse range of locations to stay, from cheap to lavish, which allows individuals to control the amount they want to spend on accommodation. During the 2020 pandemic, Airbnb, Inc. (NASDAQ:ABNB) commissioned a survey of 2,200 US respondents, half of whom mentioned that once the lockdown lifted, they would prefer their first trip to be within a day’s drive. The company also reported that by May 2020, the percentage of Airbnb bookings within 200 miles had grown to cover half of total bookings. This value was only one-third in February 2020.

Keeping these trends in view, Airbnb, Inc. (NASDAQ:ABNB) launched its Go Near campaign, encouraging individuals to travel nearby. The company partnered with agencies such as the National Park Foundation and Visit North Carolina to make this possible. Furthermore, Airbnb, Inc. (NASDAQ:ABNB) had been contributing to domestic tourism even before the pandemic. According to a 2021 report by the company, its platform saw a six-fold increase in domestic tourism from 2016 to 2019. The same report also elaborated that during COVID-19, Airbnb’s rise in domestic tourism generated R8 billion for the South African economy, urging economic recovery.

This trend has continued well into 2024 as well. On February 22, 2024, Airbnb reported that Canada saw eight million domestic arrivals on its platform in 2023, an increase of 30% from 2019. This insight falls in line with a 2024 report by Abacus Data, which noted that within the group of Canadians who plan to travel in 2024, 71% are aiming for domestic locations. A similar situation was seen in the US as well. According to Airbnb, US-based residents traveled to more than 15,000 domestic cities and towns in 2023. You can also check out 20 Countries That Have The Potential To Be Major Tourist Destinations.

Among other things, one of the reasons why travelers prefer Airbnb is for the experience it offers. A February 2024 report by Airbnb showed that 64% of the company’s guests felt like an Airbnb accommodation provided them a closer insight into local culture, as compared to a hotel. 22% mentioned that they chose Airbnb because it provides a local experience. Meanwhile, 48% mentioned that their Airbnb Hosts helped them find hidden gem locations, which they would not have found out about otherwise.

Thus, in order to improve its domestic experiences further, Airbnb, Inc. (NASDAQ:ABNB) introduced a bunch of new features in its 2024 summer release, which occurred on May 1. One of the latest exciting features is the option to plan group trips, where individuals can create shared wishlists, send travel invitations, and access in-app messaging. The company also launched Icons, a specific category for one-of-a-kind stay experiences across movies, sports, food, and more. Examples of Icons include Barbie’s Malibu Dreamhouse in California and the Inside Out 2 Headquarters in Las Vegas. According to Brian Chesky, the CEO, the Icons category managed to get 371 million social media impressions and 8,100 pieces of global media coverage within just one week of its launch.

As companies like Airbnb, Inc. (NASDAQ:ABNB) continue making strides in domestic tourism, certain countries are also taking the lead in local travel numbers. You can also take a look at some of 2024’s fastest-growing tourist destinations, as well as 20 beautiful places ruined by overtourism.

The Country with the Most Domestic Tourism in the World

Methodology 

To generate this list of the 15 countries with the most domestic tourism in the world, we conducted the official database of the UNWTO. We have considered values from 2021 and 2022, to paint an accurate picture of domestic tourism post-pandemic. For the purpose of this article, domestic trips refer to both overnight stays and same-day trips. The countries are ranked in ascending order of the most domestic trips taken by the residents.

At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

The Country with the Most Domestic Tourism in the World

1. United Kingdom

Total Number of Domestic Trips (2022): 2.9 Billion

According to the 2023 Great Britain Tourism Survey, residents spent £5.3 billion in domestic overnight trips from January to March. However, according to an April 2024 report by Visit Britain, in 2023, overnight trips declined by 7% in Great Britain. A major reason for this was the decline in holiday trips, which hold the second largest segment share in the UK’s domestic trips. Despite this decrease, the United Kingdom still ranks number one on our list of countries with the highest number of domestic tourists.

Curious to learn about other countries with high levels of domestic tourism? Check out our report on the 15 Countries with the Most Domestic Tourism in the World.

At Insider Monkey, we delve into a variety of topics; however, our expertise lies in identifying the top-performing stocks. Currently, Artificial Intelligence (AI) technology stands out as one of the most promising fields. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Analyst Sees a New $25 Billion “Opportunity” for NVIDIA and Jim Cramer is Recommending These 10 Stocks in June.

Disclosure: None. This article is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…