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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 2024 | World . . . Driven by the lifting of pandemic-related travel and other restrictions and strong pent-up demand, international tourist arrivals are expected to reach pre-pandemic levels in 2024, reaching 88% of the 2019 level in 2023, 1 while at $9 9 trillion, T T’s contribution to global GDP is nearly at pre-pandemic levels
Travel Tourism Development Index 2024 | World Economic Forum The Travel Tourism Development Index (TTDI) 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 that has been in production since 2007
How rising global temperatures impact the tourism industry | World . . . The travel and tourism sectors made up 7 6% of global GDP in 2022 Image: World Travel Tourism Council Over in Italy, visitors to Rome have been returning home early because of the heatwave, while hospitals have faced a rise in the number of medical emergencies
What is travel and tourism’s role in future global prosperity? In the coming decade, T T’s role in mitigating socioeconomic risks will only climb, with the World Travel and Tourism Council forecasting T T sector GDP to grow at nearly double the rate of the broader global economy in the 10 years to 2033, thereby adding more than 100 million new jobs
Tourism is Back to Pre-Pandemic Levels, but Challenges Remain International tourist arrivals and the travel and tourism sector’s contribution to global GDP are expected to return to pre-pandemic levels this year, driven by the lifting of COVID-19-related travel restrictions and strong pent-up demand, as per the new World Economic Forum travel and tourism study, released today Topping the 2024 list of economies are the United States, Spain, Japan
3 ways travel can shape the future of global connectivity The global travel market is an economic powerhouse but growth must be sustainable, inclusive and impactful Effective cross-sector and cross-border partnerships are key to unlocking the full potential of global connectivity Innovations and investments in technology can be leveraged to enhance connectivity through travel
Here’s what global travel could be like after COVID-19 COVID-19 has upended global travel and brought the world to a standstill For the first time in history, close to 90% of the world’s population now lives in countries with travel restrictions Airlines, travel companies and the tourism sector as a whole are among the most affected businesses
How is the travel and tourism industry recovering? - The World Economic . . . The sector is a major driver of economic development, global connectivity and the livelihood of some of the populations and businesses most vulnerable to, and hard hit by, the pandemic In 2019, T T’s direct, indirect and induced GDP accounted for about 10% of global GDP For many emerging economies, T T is a major source of export revenue
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