Wttc News

WTTC and Saudi Arabia Extend Partnership Through MoU
In a significant milestone, the World Travel & Tourism Council (WTTC) and the Ministry of Tourism of Saudi Arabia have announced the extension of their partnership through the signing of a Memorandum of Understanding (MoU).
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Is Travel & Tourism Ready for Mandatory Emissions Reporting?
The Travel & Tourism sector entered 2023 like a marathon runner hitting the last six miles of a race. It fought its way through almost two years of the COVID-19 pandemic — only to be overwhelmed, as the disease waned, by an unprecedented surge in travel by people tired of quarantines and lockdowns.
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Travel & Tourism to Witness Major Resurgence due to Chinese Travellers
According to WTTC’s latest Economic Impact Research, China’s Travel & Tourism sector is predicted to contribute $1.48TN to the national economy by the end of 2023, up over 150% from 2022, when the sector contributed $583BN to the economy.

World Tourism Day September 27th 2023
Tourism is one of the world’s most important economic sectors. It employs one in every ten people on Earth and provides livelihoods to hundreds of millions more.
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Travel & Tourism sector now worth more than quarter of a trillion sterling says WTTC
Travel & Tourism back on its feet and set to exceed 2019 Over 1.1MN more Travel & Tourism jobs in the UK last year – 1 in 9 of all jobs International visitor spend up more than 300%
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WTTC and Hotelbeds uncover Global Tourism Trends
Global Travel & Tourism is soaring, and so are the Balearic Islands Palma continues to be a trend-setting destination Local contribution to the sector surpassed €1.5BN, a 128% jump versus 2021

WTTC expresses condolences to the people of Morocco
The World Travel & Tourism Council (WTTC) stands in solidarity with the people of Morocco during this tragic time. The news of the devastating earthquake in the High Atlas mountains, the deadliest in 60 years, has deeply moved us all.

Presenting Global Retail Tourism: Trends and Insights
Julia Simpson, WTTC President & CEO, said: “In the world of Travel & Tourism, retail tourism’s significance cannot be overstated. Accounting for over $178 billion of global GDP in 2019, it’s time to recognize its true potential.

WTTC unveils the power of Retail Tourism
Retail tourism accounted for 6% of Travel & Tourism’s GDP in 2019 ‘Retailtainment’ emerges as top theme for retail travellers

A BTN exclusive with H.E. Gloria Guevara and the work of the Sustainable Tourism Global Centre
H. E. Gloria Guevara is a highly-experienced and well-connected global stateswoman who joined the Ministry of Tourism of Saudi Arabia as Chief Special Advisor to the Minister in May 2021. Her role is to support the impressive transformation taking place as part of the Kingdom’s 2030 vision, and drive sustainable tourism both in Saudi Arabia & globally. BTN caught up with her to find out more on what she and others like her are doing to promote the need for global sustainability
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U.S. remains most popular destination for shopaholics
According to the World Travel & Tourism Council (WTTC), the U.S. remains the preferred choice for shopping holidaymakers, as revealed at Virtuoso Travel Week, taking place in Las Vegas, from 13 to 18 August.
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Capital Investment Fuels Growth in Travel & Tourism
The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report today reveals an encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks and signalling a strong return to growth.