The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) has revealed that India’s Travel & Tourism sector is in strong recovery and will be within touching distance of the pre-pandemic peak this year. Speaking to Ministers at the G20 Summit in India, Julia Simpson, WTTC President & CEO, highlighted the sector’s resilience, growing at twice the rate of GDP not only in India, but across all G20 nations. WTTC research forecasts Travel & Tourism contributing INR 16.5TN to the Indian economy this year, just 3.5% below 2019. The sector is forecast to create over 1.6MN more jobs this year, recovering almost all of the jobs lost due to the COVID-19 pandemic to reach almost 39MN, with around one in 13 workers in India in the Travel & Tourism...
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Thailand has lost about 1.45 million tourism jobs during the coronavirus pandemic, including 400,000 in the first quarter, a private tourism group said on Monday, as the country gets ready to reopen to visitors to try to rescue the struggling sector. Tourism is a key driver of Thailand’s growth, typically accounting for 11-12% of gross domestic product. The group says there were 4.5 million tourism jobs before the pandemic, from a workforce of about 38 million people. FILE PHOTO: People enjoy Cha-am Beach in Phetchaburi province, Thailand, September 26, 2020. REUTERS/Athit Perawongmetha The country could see 3 million foreign tourist arrivals this year under plans to waive quarantine for visitors vaccinated against COVID-19 in some parts of the country later this year, Vichit Pra...
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