Tag: WTTC

WTTC: World Tourism to reach an all-time high in 2024 | $16 trillion contribution to the global economy over the next 10 years

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The World Travel and Tourism Council (WTTC) predicts that 2024 will be a record year for travel and tourism, with the sector’s global economic contribution reaching an all-time high of $11.1 trillion. While, by 2034, the industry will contribute an astonishing $16 trillion to the global economy. According to the World Tourism Organization’s Economic Impact […]

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At the ITB Opening Ceremony in Berlin Julia Simpson addressed the visitors

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Julia Simpson, WTTC President & CEO spoke at the opening ceremony of ITB Berlin regarding the evolution of travel, tourism and the economy, in order to provide a comprehensive picture with data on the state of tourism in 2024. ”Last year, right here on this stage, I said travel is back. Now, just 12 months […]

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WTTC: Global traveller survey reveals international travel is back

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– More than a quarter of consumers plan on three or more international trips – Australians to spend more on travel than any other nation As the World Travel & Tourism Council (WTTC) opens its 22nd Global Summit in Riyadh, a new global consumer survey has revealed that the appetite for international travel is now […]

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According to WTTC and ETC, 1.2 million Travel & Tourism jobs across the EU will remain unfilled unless urgent action is taken

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The World Travel & Tourism Council (WTTC) and the European Travel Commission (ETC) warn that the Travel & Tourism sector’s recovery could be put at serious risk if almost 1.2 million jobs remain unfilled across the EU. The challenging summer labour shortfall has been revealed by WTTC in its latest analysis of the sector and […]

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WTTC publishes report on Digital Travel post COVID

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The World Travel & Tourism Council (WTTC) today publishes a new report on best practices and support for governments for the introduction of a common ‘Digital Travel Portal’, to allow safe, stress-free travel, that would reduce delays at airports. The COVID-19 pandemic highlighted a lack of global coordination as governments introduced a constant patchwork of digital and paper […]

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UK economy suffered £7billion losses as Travel & Tourism hit by Government Omicron restrictions, says WTTC

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Ineffective travel restrictions imposed by the UK Government to combat Omicron caused an estimated £7bn loss to the UK economy last year, due to a massive drop in contributions from the country’s embattled Travel & Tourism sector, according to WTTC. The attack on Travel & Tourism at the end of last year until January 2022 […]

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WTTC and ETC call on EU Member States to effectively coordinate and align responses to the evolving epidemiological situation

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The World Travel & Tourism Council (WTTC) and the European Travel Commission (ETC), supported by a number of key travel stakeholders, have urged EU Member States to align their responses to the deteriorating COVID-19 situation and avoid imposing any limits to the freedom of movement across Europe. The organisations say the sector cannot afford inconsistent […]

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WTTC: Europe travel & tourism sector lags global recovery

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Latest research from the World Travel & Tourism Council (WTTC) shows Europe’s Travel & Tourism sector’s year on year recovery may only achieve a growth of 23.9% this year. The data from WTTC says this slow recovery is due to travel restrictions throughout the year, particularly in the first half, which continued to hinder the sector’s […]

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WTTC research reveals Travel & Tourism’s slow recovery is hitting jobs and growth worldwide

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The Travel & Tourism sector’s continued sluggish recovery will see its year-on-year contribution to global GDP rise by less than one third in 2021, according to new research from the World Travel & Tourism Council (WTTC). WTTC, which represents the global Travel & Tourism private sector, says the recovery of the sector has been hampered by […]

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WTTC responds to the latest recommendations from the EU

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Julia Simpson, WTTC President & CEO said: “Protecting public health must remain the priority and WTTC strongly supports safety protocols to stop the spread of COVID-19. However, the EU’s recommendation to reimpose restrictions on U.S. travellers is a step backwards and will only slow down the recovery of the sector.  “With high vaccination levels in […]

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