One in three of all new jobs set to be created within Travel & Tourism; GDP could reach 2019 levels by 2023.
Hotels projected to end 2022 down $20b in business travel revenue
While leisure travel is expected to return to pre-pandemic levels this year, business travel – the hotel industry’s largest source of revenue and will take significantly longer to recover.
Jobs Report: Leisure & Hospitality left behind as other sectors recover
Out of the 1.6 million jobs left to recover, a staggering 1.5 million are in Leisure & Hospitality alone.
Turkey to benefit from rise in budget-conscious travelers
With traveler confidence taking yet another hit amid the rising cost of living across Europe, Turkey will emerge as the destination of choice.
Middle East focuses on tourism’s sustainable recovery
Returning to Egypt UNWTO addressed the pressing challenges faced by tourism and looked to the future as the sector’s recovery gathers pace across the region.
Tourism enjoys string start to 2022 but faces new uncertainties
Russian invasion of Ukraine adds pressure to existing economic uncertainties.
WTTC addresses EU Ministers on tourism recovery
The World Travel & Tourism Council (WTTC) was invited to address EU Tourism Ministers on behalf of the private sector at a closed high-level meeting in Dijon.
Government reopens New Zealand for tourism
From 11.59pm Tuesday 12 April, Australians will be able to travel to New Zealand isolation-free.
U.S. hotel recovery forecasted to continue despite increasing risks
CBRE raised forecast for 2022 ADR, Occupancy and RevPAR to reflect the stronger-than-expected fundamental performance in the fourth quarter.
Middle East’s tourism sector could grow to US$246 billion in 2022
Reopening of borders and easing travel restrictions have had considerable positive effects.
