Wttc News
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US$65 Billion Needed Annually to Shield Coastal and Marine Tourism from Climate Crisis
Addressing world leaders during Ocean Action Day at COP29 in Baku, the World Travel & Tourism Council (WTTC) called for urgent climate investment in coastal and marine tourism to protect it from escalating climate risks. To achieve necessary mitigation, WTTC says that coastal and marine tourism will require annual investments of $30 billion for direct emissions reduction, with total needs reaching as high as $65 billion when including climate adaptation efforts.
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Significant Surge in Travel & Tourism Businesses’ Commitment to Net Zero, Reveals WTTC Roadmap
The World Travel & Tourism Council (WTTC) today launched the second edition of its groundbreaking Net Zero Roadmap for Travel & Tourism, revealing the number of global Travel & Tourism businesses setting climate targets has surged by 27% in the past three years, with more than half now actively committed to emissions reduction. Launched at COP29 in Baku, Azerbaijan today, the report reveals, 53% of the 250 leading Travel & Tourism businesses analysed have now set climate targets, a significant increase from 42% in 2021, when the first Net Zero Roadmap was created.
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Qusai Al-Fakhri Joins World Travel & Tourism Council Executive Committee
The World Travel & Tourism Council ( WTTC ) is delighted to announce the appointment of Qusai Al-Fakhri, CEO of the Tourism Development Fund (TDF) in Saudi Arabia, to its Executive Committee. Mr. Al-Fakhri brings more than two decades of experience in corporate and investment banking, as well as a strong track record in tourism development. Mr. Al-Fakhri has held several high-profile roles throughout his career, including serving as an Investment Advisor to His Excellency the Minister of Tourism for Saudi Arabia, Co-Founder of Tiraz AlArabia, and CEO of Al Ajial Holding.
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Nature Positive Tourism Partnership Heads to COP16 in Colombia
The Nature Positive Tourism Partnership (NPTP), made up of the World Travel & Tourism Council (WTTC), the World Tourism Organization (UN Tourism), and the Sustainable Hospitality Alliance (the Alliance), is addressing world leaders at the UN Biodiversity Summit (COP16) in Cali, Colombia, as it continues its drive to halt and reverse biodiversity loss by 2030. Officially launched at COP15 in 2022, the Nature Positive Tourism Partnership brings together key tourism stakeholders, including policymakers and leading private sector players in travel, tourism, and hospitality.
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WTTC launches ‘Together in Travel’
The World Travel & Tourism Council (WTTC) launched ‘Together in Travel’ at its 2024 Global Summit in Perth, Western Australia, a unique initiative aimed at providing support and resources to small and medium enterprises (SMEs) within the global Travel & Tourism sector.
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Business Travel Set to Surpass Pre-Pandemic Levels to Reach a Record US$1.5 trillion in 2024
A new report from the World Travel & Tourism Council (WTTC) has revealed that business travel is set to surpass pre-pandemic levels this year, faster than previously predicted, to reach a record US$1.5TN. The rise of remote working during the pandemic had a disproportionate effect on corporate travel, compared to leisure travel, with virtual platforms replacing face-to-face meetings.
WTTC Reveals Significant Decrease in Travel & Tourism’s Climate Footprint Emissions
The World Travel & Tourism Council’s (WTTC) 24th Global Summit in Perth (Boorloo), Western Australia, kicked off today with an update to its ground-breaking environmental footprint data.
WTTC Reveals Pandemic’s Heavy Toll on Woman and Youth in Travel & Tourism Jobs
The World Travel & Tourism Council (WTTC), in collaboration with the Kingdom of Saudi Arabia’s Ministry of Tourism, has launched a new report revealing the stark impact of the pandemic on woman and youth employment within the global Travel & Tourism sector.
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WTTC Announces Final Line-Up for its 24th Global Summit in Perth, Western Australia
The World Travel and Tourism (WTTC) today announced its full stellar line-up for its 24th Global Summit in Perth, Western Australia (8-10 Oct), with 68th U.S. Secretary of State John Kerry and conservationist and TV personality Robert Irwin set to take to the stage.
68th U.S. Secretary of State John Kerry to Headline WTTC Global Summit
The World Travel & Tourism Council (WTTC) today announces 68th U.S. Secretary of State John Kerry as its keynote speaker at the global tourism body’s Global Summit, taking place on 8th – 10th October, in Perth, Western Australia. Secretary Kerry led strategies on nuclear non-proliferation, countering extremism, and in 2015, Kerry signed the Paris Agreement on climate change on behalf of the U.S.
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U.S. Remains the World’s Most Powerful Travel & Tourism Market
The World Travel & Tourism Council (WTTC) today launched its 2024 Economic Impact Trends Report, which has revealed the U.S. as the world’s most powerful Travel & Tourism market, contributing a record-breaking $2.36 TN to the nation’s economy last year. Despite the slow return of spending from international travellers, the U.S. keeps pole position, with almost double the economic contribution of its nearest rival.
The World Travel & Tourism Council appoints Gaurav Bhatnagar to Regional Vice Chair for India
The World Travel & Tourism Council (WTTC) proudly announces the appointment of Gaurav Bhatnagar, Joint Managing Director and Co-Founder of TBO.com, as Regional Vice Chair for India. This appointment is a significant step for WTTC’s strategy in India, reflecting the organisation’s commitment to strengthening its presence and influence in one of the world’s fastest-growing Travel & Tourism markets.