It was definitely not what the Indian travel and tourism industry has been expecting. Budget 2021-22 has come as a rude shock for an industry, which has faced the most severe brunt of the COVID-19 pandemic in the last one year. Global tourism suffered its worst year on record in 2020, with international arrivals dropping by 74% according to the latest data from the World Tourism Organization (UNWTO). Destinations worldwide welcomed 1 billion fewer international arrivals in 2020 than in the previous year, due to an unprecedented fall in demand and widespread travel restrictions. This collapse in international travel represented an estimated loss of USD 1.3 trillion in export revenues - more than 11 times the loss recorded during the 2009 global economic crisis. The crisis has put betwee...
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The World Travel & Tourism Council (WTTC) has launched its new high-level guidelines for inclusion and diversity in the Travel & Tourism sector, which have been compiled to support businesses of all sizes and provide an inclusive work environment for all employees. Research has shown that supporting a diverse and inclusive workplace companies experience benefits such as greater profitability, increased creativity and innovation, and a happier workforce. The ‘Inclusion & Diversity Guidelines’ were compiled from insights and frameworks developed by private sector leaders in Travel & Tourism including Hilton, Accessible Travel Solutions and JTB Corp, leading DMOs, such as IC Bellagio and Greater Fort Lauderdale Convention & Visitors Bureau, and industry organisa...
Read MoreIn June 2020, the World Tourism Organization (UNWTO) and Sommet Education launched the Hospitality Challenge. This was designed to identify ideas and individuals capable of accelerating the recovery of the tourism sector in the wake of the COVID-19 pandemic. The initiative has received almost 600 applications from all around the world. The 30 top finalists will be granted a full-board scholarship for Bachelor or Master’s degree-level courses at 30 different hospitality programs. All of them are hosted by Sommet’s internationally renowned institutions specialized in Hospitality and Culinary Arts: Glion Institute of Higher Education, Les Roches, and École Ducasse. The scholarships are dedicated to accelerating the personal development of talented individuals who will build the Hos...
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