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Travel Tourism Development Index 2024 | World Economic Forum The Travel Tourism Development Index 2024 is the second edition of an index that evolved from the Travel Tourism Competitiveness Index (TTCI) series, a flagship index of the World Economic Forum
How tourism destinations can foster sustainable growth Travel and tourism’s contribution to global GDP is projected to be $16 trillion by 2034 The sector also faces complex challenges including friction between visitors and residents, the risk of global disruptions and the pressure it puts on nature The World Economic Forum report Travel and Tourism at a Turning Point: Principles for Transformative Growth pinpoints the main trends, challenges
How we make travel and tourism inclusive and sustainable The global travel sector is experiencing a robust recovery, with tourists increasingly spending more on travel Despite the overall positive outlook, some destinations struggle with operational challenges, including workforce issues and resource management amid rising tourist numbers and environmental concerns The travel and tourism sector’s potential for advancing socio-economic prosperity
How travel and tourism can fuel growth in uncertain times Travel and tourism are not just economic drivers but also powerful connectors between cultures and communities, fostering understanding, opportunity and hope, especially in uncertain times Despite contributing over 10% of global gross domestic product and supporting more than 350 million jobs, the sector faces serious pressures that must be addressed for sustainable growth The future of
The future of travel and tourism as per 4 sector leaders | World . . . The global travel and tourism sector’s post-pandemic recovery is gaining pace as the world’s pent-up desire for travel rekindles The difference in international tourist arrivals in January 2021 and a similar period in January 2022 was as much as the growth in all of 2021
3. Global context - Travel Tourism Development Index 2021: Rebuilding . . . The COVID-19 pandemic has been the worst crisis the global Travel and Tourism sector has faced in modern times Lockdowns, travel restrictions, consumer fears and economic downturns led to a loss of $4 5 trillion in T T GDP and 62 million jobs in 2020 alone 3 While increasing vaccination rates, easing of travel restrictions and economic growth have helped kickstart a recovery, it remains slow