Global tourism to recover from pandemic by 2023, post 10-year growth spurt
Expected to create nearly 126 million new jobs within the next decade, says WTTC report The global travel and tourism sectors are projected to return to pre-pandemic levels in 2023 and grow at a rate that will outpace global gross domestic product (GDP) growth, the World Travel and Tourism Council (WTTC) said on Thursday. The industry is expected to post an annual average growth rate of 5.8% from 2022 to 2032 versus the 2.7% increase in global GDP, and create 126 million new jobs, WTTC said in a report released during the industry group's conference in Manila. Report reveals the Travel & Tourism sector is expected to create nearly 126 million new jobs within the next decade. FILE PHOTO: A partially underwater shot shows the waters at the beach of Maya Bay as Thailand reopens ...
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