WTTC News Page 8
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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.
A New Era in Hospitality as 5,000 Hotels Worldwide Adopt WTTC’s Hotel Sustainability Basics
The World Travel & Tourism Council (WTTC) celebrates yet another milestone as over 5,000 properties across more than 80 countries have now embraced its Hotel Sustainability Basics (Basics) programme. Hotels in major destinations across Europe, Africa, the Americas and Asia-Pacific have adopted Basics, and the programme continues to receive global support with new partnerships in tourism powerhouses such as Japan, the Philippines and India.
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WTTC Announces Powerhouse Lineup for 24th Global Summit
The World Travel & Tourism Council (WTTC) has announced its latest round of high-profile speakers for its upcoming Global Summit, featuring top leaders from the world’s leading Travel & Tourism businesses. Hosted by Tourism Western Australia (TWA), the event will take place in Perth (Boorloo), Western Australia, from 8-10 October. It stands as the pinnacle of the Travel & Tourism calendar.
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Indonesia’s Booming Travel & Tourism to Support More Than 12.5 Million Jobs
The World Travel & Tourism Council (WTTC) 2024 Economic Impact Research (EIR) projects a record breaking year for Indonesia’s Travel & Tourism sector in 2024, with jobs in the sector set to exceed 2019 levels to reach more than 12.5mn. This year, the global body’s annual data foresees a sector filled with opportunities, with other metrics, such as economic contribution and domestic visitor spending, poised to set new records.
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Travel & Tourism in Latin America Could Boost Region’s Economy by US$260BN Over the Next Decade
The World Travel & Tourism Council (WTTC), in collaboration with VFS Global, revealed that the Latin American (LATAM) Travel & Tourism sector could add nearly US$260BN to the region’s economy and create nearly eight million new jobs over the next 10 years. According to the report, ‘Unlocking Opportunities for Travel & Tourism Growth in LATAM’, this potential growth is dependent on three key policies to unlock annualised growth of 3.4%, reaching a contribution of nearly US$909.2BN.
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India’s Travel & Tourism Sector Shows Strong Recovery with Domestic Tourism Leading the Way
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) reveals a significant recovery of India’s Travel & Tourism sector, with domestic tourism playing a pivotal role. The data shows that whilst domestic tourism is driving the recovery of the sector in India, international travel spend remains below pre-pandemic levels.
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Vietnam’s Travel & Tourism Set for a Record 2024
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has today revealed that Vietnam’s Travel & Tourism sector is forecast to inject a record đ770.8TN into the national economy this year. According to the latest research, Travel & Tourism’s contribution to the economy will surge 13% ahead of 2019 levels, accounting for over 7% of Vietnam’s overall economy.
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Japan’s Travel & Tourism Sector to Surpass Previous Records in 2024
The World Travel & Tourism Council (WTTC) 2024 Economic Impact Research (EIR) forecasts a record-breaking year for Japan’s Travel & Tourism sector, with its economic contribution, job numbers, and visitor spending, all set to reach historic levels. The sector’s contribution to Japan’s economy is expected to reach nearly ¥44.6TN in 2024, marking a 5.7% increase over the 2019 peak demonstrating the vital role of Travel & Tourism, accounting for 7.5% of Japan’s GDP.
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Malaysia’s Travel & Tourism Sector Projected to Exceed Previous Heights
The World Travel & Tourism Council (WTTC) 2024 Economic Impact Research (EIR) projects a significant year of growth for Malaysia’s Travel & Tourism sector, with its economic contribution, employment, and domestic visitor spending expected to break all records this year. According to the latest data, the sector’s contribution to Malaysia’s national economy is set to reach MYR 198.7BN in 2024, surpassing the pre-pandemic levels of 2019 by 1.6%, representing 10.5% of the national economy.