7th February 2024 Technology / WTTC
Two new industry reports outline the impacts the technology could have on tourism and how businesses can prepare.
France is expected to remain the world’s most popular destination for international arrivals in 2024.
More can be done by travel and tourism businesses to reduce water use, according to a WTTC analysis.
The World Travel & Tourism Council expects investment in global travel and tourism to reach nearly $1tr in 2023.
The World Travel & Tourism Council and the United Nations World Tourism Organization have signed a memorandum of understanding to improve the industry’s transformation.
The World Travel & Tourism Council has called on governments around the world to “get serious” about incentivising sustainable aviation fuel production and set ambitious targets to produce adequate supply.
The industry is expected to generate US$9.5tn in 2023 and surpass pre-Covid earnings next year.
Paris has been named the world’s most powerful city destination with a travel and tourism sector worth almost US$36.65bn in 2022 – but it may not hold that position for long.
The travel and tourism sector’s emissions in Asia Pacific grew 4% between 2010 and 2019, while GDP rose an average of 7.3% during the same period, according to the World Travel & Tourism Council.
North America’s travel and tourism sector accounted for 9.3% of greenhouse gas emissions in 2019, according to new data from the World Travel & Tourism Council Sustainable and the Saudi-based Sustainable Tourism Global Center.
The industry group puts its “stake in the ground” on the worldwide industry’s emissions target.
The World Travel & Tourism Council paints a rosy recovery with both global tourism GDP and employment near pre-Covid levels next year.