Azerbaijan’s Travel & Tourism sector is set for a year of significant growth in 2025, with new data from the World Travel & Tourism Council (WTTC), forecasting a contribution of 10.3BN to the national economy – a 32% year-on-year rise, representing 8.2% of total GDP. This year, the sector is also expected to support 472,000 […]
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Latest data from the World Travel & Tourism Council (WTTC) has revealed that international visitor spend in India reached a record 3.1 trillion in 2024, 9% above the previous peak of 2019. After a prolonged reliance on domestic travel spend following the pandemic, WTTC’s latest Economic Impact Research (EIR) reveals international travel is not only back; it’s […]
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The World Travel & Tourism Council (WTTC) forecasts that by 2025 the travel and tourism sector in Spain could reach a new all-time high, with an estimated contribution of €260.5 billion to GDP, equivalent to almost 16% of the national economy. According to the latest Economic Impact Research (EIR), prepared by WTTC in collaboration […]
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The World Travel & Tourism Council (WTTC) and Greenview have launched a Global ESG Policy Tracker that enables Travel & Tourism businesses to stay ahead of rapidly evolving ESG-related regulation and policy around the world. Developed in collaboration with Greenview, a global leader in sustainability and ESG (Environmental, Social, and Governance) data solutions for the hospitality and […]
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The World Travel & Tourism Council (WTTC) is delighted to announce Manfredi Lefebvre, chairman of Heritage Group and co-chair of luxury travel company Abercrombie and Kent, as its Chair-Elect. Lefebvre, who will take over the position in September, during the global tourism body’s 25th Global Summit in Rome, Italy, has been a Member of WTTC […]
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The World Travel & Tourism Council (WTTC), in collaboration with global consultancy ICF, has today launched a bold new framework urging the entire Travel & Tourism sector to unite in tackling one of its toughest challenges: scaling up the production and use of Sustainable Aviation Fuel (SAF) and other renewable fuels. The report, Scaling Up […]
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The World Travel & Tourism Council (WTTC) is pleased to welcome the Association of Turkish Travel Agencies (TÜRSAB) as its newest Association Partner, marking a significant step in strengthening international collaboration across Travel & Tourism. Based in Istanbul, TÜRSAB is one of the world’s most established and expansive professional tourism organisations, representing nearly 16,000 member […]
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The World Travel & Tourism Council (WTTC), the global body representing the Travel & Tourism private sector, announced its latest Economic Impact Research which found that the U.S. is on track to lose a staggering $12.5BN in international visitor spending this year. Notably, international visitor spending to the U.S. is projected to fall to just […]
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Around $135.35 billion is expected to be contributed by Turkey’s tourism industry to the country’s economy, accounting for around 12% of national GDP, with foreign and domestic tourism spending increasing, according to the latest figures from the World Travel and Tourism Council (WTTC). The WTTC report predicts an increase in tourism product of more than […]
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According to the global tourism body’s latest Economic Impact Research, by 2035, Travel & Tourism is expected to support an additional 4.5 million jobs, to reach more than 30 million, reinforcing its vital role in the EU’s economic and social landscape. The sector will be supporting one in seven jobs across the region, becoming one […]
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