The Travel & Tourism sector entered 2023 like a marathon runner hitting the last six miles of a race. It fought its way through almost two years of the COVID-19 pandemic — only to be overwhelmed, as the disease waned, by an unprecedented surge in travel by people tired of quarantines and lockdowns. With many in the sector still struggling to fill their workforces to handle this significant uptake of travel, big and small companies alike now face their next challenge — the accelerating transition from voluntary to mandatory sustainability reporting. Are they ready for it?
Travel & Tourism sector now worth more than quarter of a trillion sterling says WTTC
The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals the UK Travel & Tourism sector is forecast to exceed the 2019 peak this year.
Capital Investment fuels growth in travel & tourism, forecast to reach nearly $1 trillion says WTTC
The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report today reveals an encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks and signalling a strong return to growth.
Bulgaria’s Travel & Tourism sector set to contribute 10% of the economy forecasts WTTC
Speaking at a panel session at the Hyatt Regency Pravets Resort in Bulgaria today, World Travel & Tourism Council (WTTC) President & CEO Julia Simpson revealed that the WTTC 2023 Economic Impact Research (EIR) today forecasts that 10% of the Bulgarian economy will come from Travel & Tourism by 2033.
WTTC unveils world-first global Travel and Tourism climate footprint data
WTTC and Saudi-based Sustainable Global Tourism Center launch inaugural Environmental & Social Research Between 2010 and 2019 the sector’s GDP has grown on average 4.3% annually whilst its climate footprint increased by just 2.4%
African tourism sector booming: second-fastest growth rate in the world
Travel & Tourism in Africa is booming, growing 5.6% in 2018 compared to the global average of 3.9% and the broader African economy rate of 3.2%. @WTTC







