Source ledger and methodology

What is the true cost of a chargeback for businesses?
Updated June 8, 2026

• 286 million chargebacks projected globally for 2026.
• $36.9 billion global financial impact projected for 2026; $46.1 billion for 2029.
• $128 average combined internal and external merchant cost per chargeback.
• $120 average travel and hospitality chargeback amount; $110 average U.S. chargeback amount.
• U.S. FI processing cost of $9.08-$10.32 per disputed transaction.

Travel & Tourism sees best year ever and outpaces the global economy in 2025
April 14, 2026

• $11.6 trillion global Travel & Tourism GDP contribution in 2025.
• 9.8% of the global economy.
• 366 million jobs supported worldwide.

2026 State of the U.S. Hotel Industry
January 27, 2026

• Nearly $805 billion projected U.S. hotel guest spending in 2026.
• Approximately 2.2 million projected direct hotel jobs.
• Nearly $87 billion projected hotel-generated taxes.
• Hotel operating costs rising four times faster than revenue since 2019.

Spring 2026 U.S. Travel Forecast
May 7, 2026

• $1.37 trillion forecast total U.S. travel spending in 2026.
• Domestic travel accounts for 87% of total U.S. travel spending.