By the end of 2022, the sector’s contribution to GDP is expected to grow nearly two thirds to 8.9% of the total economic GDP.
Turkey’s Tourism sector to grow at twice the rate of the national economy
Turkey is set to be the fourth most popular European destination amongst travellers this summer.
14 million jobs to be created by African tourism sector
Travel & Tourism GDP growth set to outpace the overall economy for the next 10 years.
Eight million new tourism jobs to be created in Europe
Sector expected to grow at double the rate of the overall economy over next 10 years.
Middle East tourism sector to create 3.6m jobs
Travel & Tourism GDP set to outstrip the overall economy for the next 10 years.
China Tourism sector could reach CNY 11 trillion this year
Sector’s contribution to the GDP could be just 5.2% behind pre-pandemic levels.
UK’s tourism sector poised to hit £192 billion this year
New data from WTTC shows the UK’s Travel & Tourism sector is recovering, with the country’s GDP predicted to rise to £192 billion.
Travel & Tourism could grow to $8.6 trillion in 2022
Contribution to global GDP could return to pre-pandemic levels this year.
UK tourism sector may only recover by a third
International visitor spend looks set to plunge by almost 50% on 2020 figures, making the UK one of the worst-performing countries in the world 2022 performance could be better but still hangs in the balance.
Research reveals Tourism’s slow recovery is hitting jobs and growth worldwide
In a slower than expected recovery GDP contribution will only increase by less than one third.