Research Data

Market Intelligence Dashboard

Key statistics and market signals anchoring the narrative. Authority comes from repetition of credible data. These are the numbers that define the structural shifts in travel, loyalty, and embedded commerce.

Card Networks

Visa Net Revenue (Q1 FY26)

$10.9B
+15% YoY
Visa Q1 FY2026

Amex Global Spend Growth

7-8%
FY2025
AXP Q4 2025

MC Cross-Border Volume Growth

14%
Local currency
MA Q4 2025

Mastercard Revenue (Q4 2025)

$8.81B
+17.6% YoY
MA Q4 2025

Embedded Finance

Amex Net Income Growth

13%
YoY
AXP Q4 2025

US Embedded Finance (2026 Proj.)

$7T
From $2.6T in 2021
G+D Report 2026

Loyalty Market

US Loyalty Market (2025)

$22.3B
16.6% CAGR
Yahoo Finance 2026

US Loyalty Market (2030 Proj.)

$44.25B
2x growth
Yahoo Finance 2026

Loyalty ROI (Top Performers)

8x
Revenue multiplier
Antavo 2025

Tiered Program Retention Lift

25-30%
vs flat-rate
NRF 2025

OTA Economics

Expedia Gross Margin

90%
FY2025
EXPE FY2025

Booking EBITDA Margin

36.9%
+20% EBITDA growth
BKNG Q4 2025

Booking Holdings Revenue

$26.9B
+13% YoY
BKNG Q4 2025

Booking Holdings Gross Bookings

$186.1B
+12% YoY
BKNG Q4 2025

Travel Market

Global Travel Market Size

$14T
+4.2%
UNWTO 2025

Air Passenger Demand Growth

3.8%
Jan 2026
IATA 2026

Experiences Sector

$271B
Surpassed pre-pandemic
PhocusWire 2025

International Tourists (2025)

$1.52B
+4% YoY
UNWTO 2025

Methodology & Sources

All statistics are sourced from public filings, earnings call transcripts, industry reports, and regulatory disclosures. Data is updated weekly as part of the intelligence collection process. Sources include UNWTO, IATA, PhocusWire, company quarterly reports (Booking Holdings, Expedia, Visa, Mastercard, American Express), Yahoo Finance, Antavo, National Retail Federation, and Giesecke+Devrient research.