economic trends report
U.S. Retains Its Position as the World’s Biggest Travel & Tourism Market Despite Lengthy Travel Restrictions by Boosting Domestic Travel
World Travel & Tourism Council (WTTC) | September 8, 2022
UK sees biggest drop in the global rankings China and Germany hold onto second and third position London, UK - The latest World Travel & Tourism Council’s (WTTC) Economic Trends Report reveals the U.S. remains the world’s biggest and most powerful Travel & Tourism market. Its top ranking was reaffirmed, despite suffering long and damaging travel restrictions which did little to halt the spread of COVID-19 and only resulted in serious economic losses. However, while its number one position was retained, the U.S. Travel & Tourism sector’s contribution to the nation’s economy fell by US$700 billion in 2019, to just u...
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