tourism growth
New Report From WTTC and JLL Outlines Global Cities’ Preparedness for Sustainable Travel and Tourism Growth
JLL | April 20, 2022
WTTC and JLL release latest ‘Destination 2030: Global cities’ readiness for sustainable tourism growth’ CHICAGO, April 20, 2022 – The World Travel & Tourism Council (WTTC) and JLL released today a new major report which addresses what makes a city ready for travel and tourism growth. The report, ‘Destination 2030: Global cities’ readiness for sustainable tourism growth’, has been released during WTTC’s 21st Global Summit in Manila, Philippines. Prior to the pandemic, the travel and tourism sector had been outpacing the global economy for almost a decade, with an annual average growth of 4.3% compared to 2.9%...
Have We Tossed Our Treasures out to Sea?
Georges Panayotis | June 7, 2018
By Georges Panayotis More than 1.2 billion tourists traveled worldwide in 2017 and on this constantly growing wave, just over 25 million people have taken advantage of the cruise product. This represents just a mere 3% of the total volume of tourists, but make no mistake, this figure is increasing slowly but surely. Indeed, this industry, unlike the hotel industry, has not stopped investing. While some operators sold off their walls and businesses, subcontracting and ceasing to invest in communications, cruise lines went full throttle in development and investment, gaining access by sea to the world's treasures. A handful of operato...
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