Published: Jun. 14, 2022 at 7:53 AM CDT
Sector’s worth could total $100 billion by 2032
New WTTC report addresses challenges to facilitate growth and recovery of the sector in the region
LONDON, June 14, 2022 /PRNewswire/ — The World Travel & Tourism Council (WTTC) has revealed the Caribbean’s Travel & Tourism sector could create 1.34 million jobs over the next 10 years, if governments and the private sector enhance intra-regional cooperation and become a single voice.
At its Sustainable and Investment Summit in Puerto Rico, WTTC is launching a new publication looking at the future growth of the region. The report addresses a number of key challenges that the islands face and sets clear recommendations to maximize the growth potential of the Caribbean.
The Caribbean is hugely reliant on Travel & Tourism and international visitors. In 2019, Travel & Tourism sector’s contribution to the region’s GDP was 13.9 % ($61.5 billion), falling to just 7.1% ($28.8 billion) in 2020, which…
Read further.
#wttc #worldtraveltourismcouncil