Wttc News
South Africa travel & tourism growth to outpace national economy
The World Travel & Tourism Council (WTTC) has revealed the South African Travel & Tourism’s GDP will drive the national economic recovery over the next decade.
Saudi Arabia tourism to see fastest growth in Middle East
The World Travel & Tourism Council (WTTC) has revealed the travel and tourism sector in Saudi Arabia is expected to grow at an average of 11% annually over the next decade, making it the fastest growing travel and tourism economy in the Middle East.
Collaboration key to creating Caribbean jobs, says WTTC
The WTTC has revealed the Caribbean’s travel sector could generate 1.3 million jobs over the next decade, if governments and the private sector enhance intra-regional cooperation.
Hotel investment imperative post-pandemic
The WTTC has published a new report highlighting the importance of attracting capital investment to enable the travel and tourism industry’s full growth potential post Covid, following a 25% drop in 2020.
WTTC publishes new report on destination resilience
The WTTC has published practical guidelines for destinations to become more resilient at its Sustainability and Investment Forum taking place in San Juan, Puerto Rico.
Portugal’s tourism could surpass pre-pandemic levels in 2023
The WTTC has revealed the travel and tourism sector in Portugal will drive the national economic recovery and could even surpass pre-pandemic levels next year, when it is projected to rise nearly 4.8% above 2019 levels.
World Travel & Tourism Council welcomes US decision to remove testing for travellers
Julia Simpson, WTTC President & CEO said: “We welcome the decision by the Biden administration and CDC to lift the damaging testing requirement for travelers. It will provide much-needed relief to the embattled sector.
Travel & Tourism set to inject over $2.6 billion into U.S. economy
The latest Economic Impact Report (EIR) from the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, reveals that the U.S. Travel & Tourism sector is projected to contribute over $2.6 billion in gross domestic product (GDP) to the U.S. economy over the next decade.
Travel sector to create six million U.S. jobs
The WTTC calls for immediate action by the U.S. to open borders to international travellers to enable a return to pre-pandemic levels. The tourism body also predicts the travel sector can contribute over 9% to U.S. GDP and 6 million new jobs over the next decade with the support of the new U.S. National Travel and Tourism Strategy.
Influential speakers revealed for WTTC Sustainability & Investment Summit
The World Travel & Tourism Council has unveiled the speakers for its Sustainability & Investment Summit in Puerto Rico. Environmental activist Alexandra Cousteau, and 41st Treasurer of the U.S. Rosario Marin, will speak at the upcoming event, which will bring together world leaders to analyse the challenges facing the travel sector.
Visitors flock to UK to join celebrations as the Queen celebrates 70 years on the throne
According to the World Travel & Tourism Council (WTTC) visitors from overseas are pouring into the UK to join the celebrations marking Queen Elizabeth II’s Platinum Jubilee.
Italy’s tourism sector could reach pre-pandemic levels next year, reveals WTTC report
Italy’s tourism industry will provide a significant boost to economic recovery and could almost reach pre-pandemic levels next year, according to The World Travel & Tourism Council. Almost half a million jobs could be generated by the sector over the next decade.