Travel will represent a $15.5tn economy by 2033
It’s not just that travel represents an enormous slice of the global economy, it’s also growing far faster than the economy at large.
Source: gulfbusiness.com
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Global tourism revenues to top $9.5 trillion, says study
Global travel and tourism sector is forecast to hit $9.5 trillion in 2023, just 5% below 2019 pre-pandemic levels when travel was at its highest, says a study.
Source: tradearabia.com
Capital Investment Fuels Growth in Travel & Tourism, Forecast to Reach Nearly $1 Trillion
Article - Capital Investment Fuels Growth in Travel & Tourism, Forecast to Reach Nearly $1 Trillion - Strong travel growth spurred rise in sector investment in 2022 Asia-Pacific and Africa see investment up 161% in 2022 over 2000
Source: hotelnewsresource.com
Resurgence in Travel & Tourism: WTTC Reports Strong Return to Growth A
WTTC's 2023 report reveals a remarkable bounce-back in global Travel & Tourism investment, with promising forecasts and challenges ahead.
Source: ftnnews.com
Bulgaria's Travel & Tourism sector set to contribute 10% of the economy forecasts WTTC
Speaking at a panel session at the Hyatt Regency Pravets Resort in Bulgaria today, World Travel & Tourism Council (WTTC) President & CEO Julia Simpson revealed that the WTTC 2023 Economic Impact Research (EIR) today forecasts that 10% of the Bulgarian economy will come from Travel & Tourism by 2033.
Source: ehotelier.com