World Travel & Tourism Council

According to the World Travel & Tourism Council (WTTC), the U.S. remains the preferred choice for shopping holiday-makers, as revealed at the recently concluded Virtuoso Travel Week, in Las Vegas. “Retail tourism is a thriving market segment of the Travel & Tourism sector in the U.S.”, said Julia Simpson, President & CEO, WTTC, during her participation at the event. The joint research collaboration between WTTC and the Hospitality and Tourism Research Centre of The... Read further. #wttc #worldtraveltourismcouncil

The crowds of travellers filling airports in many parts of the world this summer are a tell-tale sign of what’s ahead for tourism. By 2033, travel is set to become a $15.5 trillion industry—accounting for more than 11.6 per cent of the global economy. This represents a 50 per cent increase over its $10 trillion value in 2019, when travel represented 10.4 per cent of the world’s gross domestic product. The 10-year forecast comes from the World Travel and Tourism Council (WTTC), the... Read further. #wttc #worldtraveltourismcouncil

London, UK - The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals Italy’s Travel & Tourism sector is recovering strongly post-pandemic. According to the research, the sector is set to contribute €194BN to the Italian economy this year, within 3% of the pre-pandemic peak. WTTC is also forecasting that the sector will create more than 65,000 jobs this year, recovering almost all of the jobs lost due to the COVID 19 pandemic to reach almost... Read further. #wttc #worldtraveltourismcouncil

July 28, 2023 WTTC Staff “Sometimes I think we only half live”. That was the creed of Ernest Hemingway, returning to America, after a stint in Italy driving ambulances during World War I. Writing to his sister, Marcelline, he urged: “don’t be afraid to taste all the things in life that aren’t here… This life is all right, but there’s a... Read further. #wttc #worldtraveltourismcouncil

The travel & tourism sector of the European Union (EU) is forecast to reach 98% of the 2019 peak, according to the World travel & tourism Council’s (WTTC) 2023 Economic Impact Research (EIR).The sector is set to contribute €1.44 billion to the economy this year, edging close to the 2019 pre-pandemic high of €1.47 billion.WTTC is also forecasting that the sector will create more than 687K jobs this year, recovering almost 90% of the jobs lost due to the Covid 19 pandemic to... Read further. #wttc #worldtraveltourismcouncil

Zurab Pololokashvil, alongside representatives of the public and private sectors. Together, WTTC and UNWTO will promote tourism in the global and national agendas while working to progress skills, innovation, entrepreneurship, and investment and the transition towards a more sustainable and resilient Travel & Tourism sector. The two parties will also foster community empowerment and inclusion and collaborate around crisis preparedness, management, and recovery, building on the... Read further. #wttc #worldtraveltourismcouncil

TEHRAN – Iran’s tourism industry achieved 39 percent year-on-year growth in 2020 when the total expenditure by foreign tourists hit $6.2 billion, according to a recent report by the World Travel & Tourism Council (WTTC).Iran has witnessed the revival of the tourism industry in two consecutive years, IRNA reported. While the country’s tourism industry faced a 45% drop in its share of the GDP in 2020, the share of this industry in the economy experienced a 40% jump in 2021. According... Read further. #wttc #worldtraveltourismcouncil

EU Travel & Tourism Sector Recovering Strongly Says WTTC The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals the EU Travel & Tourism sector is forecast to reach 98% of the 2019 peak. The sector is set to contribute €1.44BN to the economy this year, edging close to the 2019 pre-pandemic high of €1.47BN. WTTC is also forecasting that the sector will create more than 687K jobs this year, recovering almost 90% of the jobs lost due to the... Read further. #wttc #worldtraveltourismcouncil

Overcrowding, where much loved and visited destinations are pushed beyond a healthy point of saturation, strains local ecosystems, burdens cultural heritage and threatens the delicate balance between resident quality of life and traveller experience.With the support of the World Travel & Tourism Council, an expert group of Italian entrepreneurs, founders, and change-makers are starting a solutions-focused, global conversation to help remedy overcrowding at key destinations. Together, we... Read further. #wttc #worldtraveltourismcouncil