WTTC report reveals Asia Pacific’s recovery will be driven by travel & tourism

World Travel & Tourism Council (WTTC), in its annual Economic Impact Report (EIR), shows how big a part travel and tourism played in driving the economy in the region last year, based on which the findings reveal how vital the sector will be for the region’s economic recovery from COVID-19. It shows the sector supporting one in 10 (330 million) jobs, making a 10.3% contribution to global GDP and generating one in four of all new jobs. Gloria Guevara, President & CEO, WTTC, says, “WTTC’s 2019 Economic Impact Report (EIR) shows how intrinsic Travel & Tourism was last year to the economy in Asia-Pacific, making it the fastest growing region in the world in terms of its contribution to GDP, supporting more than 182 million jobs or 9.6% of the total number of people employed.”