Tag Archives: WTTC

According to WTTC Annual Research India, it has been revealed that India visitor spend on leisure was $153.6 billion in 2021, as compared to the business spend of $6.3 billion during the same period. This meant that the leisure spend was 24 times higher than business spend.

The recent Economic Impact Report of World Travel & Tourism Council (WTTC) highlighted that India’s contribution of travel and tourism for the economy of the country is expected to surpass the levels that existed before the pandemic times, registering a YOY progression of 20.7 per cent.

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. 

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 …

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.

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.

As the Travel & Tourism sector begins to recover from the COVID-19 pandemic, its contribution to the global economy could reach $8.6 trillion this year, according to a study by the World Travel and Tourism Council. Prior to the pandemic, the Travel & Tourism sector generated nearly $9.2 trillion to the global economy in 2019. However, in 2020, the pandemic killed the sector, causing a massive 49.1% drop, representing a loss of nearly $4.5 trillion. 

Julia Simpson, WTTC President & CEO, said: “WTTC supports the World Health Organization (WHO) position in calling for borders to remain open and safe travel to continue. Closing borders will not prevent the spread of new variants. The latest variant is increasingly being detected in countries around the world. The way to keep safe is to focus on the vaccination status of individual travellers rather than placing whole countries onto red lists”.

World Travel & Tourism Council (WTTC) research has shown that if the right measures are followed by governments across the world, travel and tourism jobs could surpass 2019 levels – up 20.1% year on year, to more than 349 million. Julia Simpson, WTTC President & CEO said, “Last year, 62 million travel & tourism jobs were lost globally, and our data shows a rise of a meagre 0.7% this year. If governments can start looking internationally and support travel & tourism with simplified rules to enable the safe return of travel, there is the opportunity to save jobs and boost economic wealth.”

The World Travel & Tourism Council (WTTC) has launched a new report which reveals how destinations can grow responsibly, using the Destination Stewardship model. It lays out how destinations can balance the needs of visitors and residents, with the involvement of both the public and private sector based on the responsible use of shared or ‘common pool’ resources.