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Bookmark or Share- 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. On an environmental level, T&T is a key stakeholder in ...
- How is the travel and tourism industry recovering? - The World Economic ...It focuses on the growing role of sustainability and resilience in travel and tourism growth. Recovery for the sector is uneven and tourist arrivals in January 2022 were still 67% below 2019 levels, according to the World Tourism Organization. Here are some key findings from the index on how the sector can build back better.
- How rising global temperatures impact the tourism industry | World ...But the tourism industry and tourism-dependent economies are also highly vulnerable to the impacts of rising temperatures. The Caribbean attracted over 28 million visitors in 2022 and its economy is more reliant on travel and tourism than any other region, according to the World Travel & Tourism Council. Tourism makes up around 90% of GDP in ...
- How travel and tourism can reach net zero - The World Economic ForumThe travel and tourism industry, which accounts for 10% of global GDP, employs 320 million people and creates 1 in 5 new jobs, is at risk owing to increasing numbers and severity of fires, floods, drought and super storms, as well as high heat and sea level rise. The industry must mitigate its impact on the climate to reduce its emissions and ...
- How global tourism can become more sustainable, inclusive and resilientThe International Air Transport Association (IATA) forecasts a 50.4% improvement on 2020 air travel demand, which would bring the industry to 50.6% of 2019 levels. However, a more pessimistic outlook based on the persistence of travel restrictions suggests that demand may only pick up by 13% this year, leaving the industry at 38% of 2019 levels ...
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