Tag Archives: WTTC

India ranked sixth by WTTC for Travel & Tourism’s GDP contribution

According to the latest Economic Trends Report by the World Travel & Tourism Council (WTTC), India has been ranked sixth in terms of travel and tourism’s contribution towards GDP. India contributed $178 billion towards GDP in 2021. The first position was secured by the United States with $1271.2 billion dollars contribution of travel and tourism towards GDP.

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Tourism share in India’s economy could reach almost ₹15.9 trillion

Research conducted by the WTTC has revealed the Travel & Tourism sector’s contribution to the Indian economy could surpass pre-pandemic levels this year, with a year-on-year growth of 20.7%. The forecast from the WTTC’s latest Economic Impact Report (EIR), shows the sector’s contribution to the nation’s economy could reach almost ₹15.9 trillion (U.S. $215 billion) in 2022, 1% above 2019 levels. 

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WTTC lauds PH successful hosting of Int’l tourism Summit

Leaders of the global tourism industry praised the Philippines’ successful hosting of the 21st Global Summit of the World Travel and Tourism Council (WTTC) as it closed with high hopes for an industry battered by two years of the pandemic. “I’m not often stumped for words, but I am now. Wow! What an amazing summit. We really have rediscovered travel,” said Julia Simpson, president and CEO of the WTTC, who considered the “extraordinary Philippine welcome” as her personal highlight of the two-day summit. “That warmth, that passion, that generosity, that smile. I haven’t walked out one corridor without people saying to me ‘Good morning!’. It’s incredible. You live it. It’s not a show – it really is in your DNA,” she said after the closing ceremony. In her closing speech, Simpson said the success of the summit was “testament that the country’s tourism industry is well on its feet.” The summit, which gathered world leaders of the tourism industry, has given the Philippines the opportunity to showcase “how beautiful the country is,” Tourism Secretary Berna Romulo-Puyat said on Friday. She said the Philippines is now a top-of-mind destination for delegates, many of whom had decided to stay to savor the rest of the country where “we are setting an example of how to open safely.” “This has been a wonderful global summit and, to echo your brand campaign, we certainly had lots of fun in the Philippines. This is an experience all the delegates of the Summit can definitely attest to,” WTTC Chairman Arnold Donald  said in his closing address. Gloria Guevara, special advisor of Saudi Arabia’s Ministry of Tourism and former president and CEO of WTTC, said the Philippines …

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EU green travel pass is now adopted by 62 countries: Julia Simpson, WTTC

Julia Simpson, president and CEO, WTTC has said that the EU green travel pass has now been adopted  by 62 countries. “If we are to survive another pandemic we need to fully integrate a traveller’s health status into their digital travel documents. A good example is the EU green travel pass that has now been adopted by 62 countries. Let us find a single system for the world,” she pointed out.

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By end of 2022, global travel and tourism will have recovered to $8.35 trillion: WTTC

Julia Simpson, president and CEO, WTTC, at its Global Summit highlighted that the pandemic rewrote the rule book on how we live and how we travel. She said that WTTC is announcing its latest Economic Impact Research which shows that over the next 10 years to 2032 Travel & Tourism is poised to have an average annual growth rate of 5.8%. “By the end of 2022 we will have recovered to $8.35 trillion,” she added.

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