world travel & tourism council
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...
412,000 Travel & Tourism Jobs Across the U.S. Will Remain Unfilled Unless Urgent Action Is Taken
WTTC | July 25, 2022
DALLAS (July 25, 2022) – A new analysis by the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism business sector, estimates 412,000 Travel & Tourism jobs in the U.S. will remain unfilled this year, putting in serious jeopardy the recovery of the sector. According to WTTC’s data, one in 18 jobs remained vacant during the first half of 2022, highlighting a talent crunch that has plagued the sector since early 2021. An estimated 321,000 Travel & Tourism positions went unfilled in the January – June 2022 timeframe (a 5.4% shortage), and worker shortages are expected to persist into 3Q, p...
According to WTTC and ETC, 1.2 Million Travel & Tourism Jobs Across the EU Will Remain Unfilled Unless Urgent Action Is Taken
WTTC | July 21, 2022
Travel agency segment forecasted to be worst hit by a 30% shortfall of workers London, UK: The World Travel & Tourism Council (WTTC) and the European Travel Commission (ETC) warn the Travel & Tourism sector’s recovery could be put at serious risk if almost 1.2 million jobs remain unfilled across the EU. The challenging summer labour shortfall has been revealed by WTTC in its latest analysis of the sector and calls for urgent action to address this critical issue. In 2020, when the pandemic was at its peak, the Travel & Tourism sector across the EU suffered the loss of almost 1.7 million jobs*. In 2021, when governments ...
WTTC Reveals New Data Signaling the Recovery of International Travel to the U.S.
WTTC | July 20, 2022
After testing removal, inbound international flight bookings to the U.S. see 93% surge However, recovery still lags other international travel destinations and pre-pandemic levels DALLAS (July 20, 2022) – New data released today by the World Travel & Tourism Council (WTTC) and its partner ForwardKeys on international flight booking trends, reveals the long-awaited recovery of international traveler spending in the U.S. is finally underway. According to the research, inbound travelers are returning in droves after the U.S. government dropped the requirement to COVID test before entry. But while ForwardKeys’ data shows book...
China’s Travel & Tourism Sector to Create More Than 30 Million Jobs Over the Next Decade
The World Travel & Tourism Council | July 7, 2022
London, UK: The World Travel & Tourism Council (WTTC) has revealed the Travel & Tourism sector in China is expected to create more than 30 million jobs over the next decade, representing a quarter of all new jobs globally. The forecast from WTTC’s latest Economic Impact Report (EIR) shows the sector will reach more than 107 million employed within the sector by 2032. According to the global Tourism body’s latest data, Travel & Tourism’s GDP is expected to grow at an average of 9.7% over the next 10 years, more than twice the 4.4% growth rate of the national overall economy, making it one of the fastest growing countries...
WTTC Publishes New Report on Destination Resilience
WTTC | June 17, 2022
San Juan, Puerto Rico: The World Travel & Tourism Council (WTTC) today published a new report on practical guidelines and case studies to support destinations in becoming more resilient and sustainable at its Sustainability and Investment Forum taking place in San Juan, Puerto Rico. The report, ‘Enhancing Resilience to Create Sustainability in Destinations’, jointly created with ICF, WTTC’s industry partner and a renowned global consultancy and digital services provider, provides practical, structured insights, for destinations as they consider their resilience and sustainability. Following the last two years of chaos brought...
New Report From WTTC Analyzes Critical Factors for Hotel Investment Post Pandemic
World Travel & Tourism Council | June 15, 2022
SAN JUAN, PUERTO RICO (June 15, 2022): The World Travel & Tourism Council (WTTC) today publishes ‘Critical Factors to Attract Hotel Investment,’ a new report highlighting the importance of attracting capital investment to enable the Travel & Tourism sector’s full growth potential post COVID-19, following a 25% drop in 2020. The report, launched today at the Sustainability and Investment Summit taking place in San Juan, Puerto Rico, looks at key enabling factors for hotel investment, and success stories of destinations that have employed such factors and shown strong growth in investment. In 2020, when international travel ...
Visitors Flock to UK to Join Celebrations as the Queen Celebrates 70 Years on the Throne
WTTC | June 2, 2022
Total number of UK Travel & Tourism jobs has risen 49% since the Golden Jubilee 20 years ago London, UK: According to the World Travel & Tourism Council (WTTC) visitors from overseas are pouring into the UK to join the celebrations marking Queen Elizabeth II’s Platinum Jubilee. As the UK gears up to celebrate, new data from WTTC’s partner ForwardKeys shows the number of arriving tourists from key overseas markets and leading Commonwealth countries, such as Singapore, Australia and Canada are all up this week compared to last week by 19%, 6% and 2% respectively. Indeed, the UK Travel & Tourism sector has gone from str...
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