Only 7% of CEO and chair positions are held by women Casino and entertainment industry showing steady progress Positive change is possible with legislation and accountability New research looking at Publicly listed companies has revealed that the leisure industry is facing a major diversity disparity, with only 7% of the top spots held by women, a stark contrast to the 50-50 gender balance of the overall workforce. The first report of the series, “The numbers behind women in leadership: Leisure”, which was carried out by private advisory firm Aptamind Partners and is supported by the World Travel & Tourism Council (WTTC),drew on publicly available data from the world’s largest hotel groups, casinos and entertainment companies, shows that the gender gap widens the higher ...
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Cities Economic Impact Report analysed 82 cities around the world including four major Chinese metropolises Research by the World Travel & Tourism Council (WTTC) has revealed that within the next decade, Beijing will overtake Paris to become the world’s largest Travel & Tourism city destination. The report, sponsored by Visa and researched in partnership with Oxford Economics, ana-lysed key indicators such as Travel & Tourism’s contribution to GDP, employment and traveller spend. But while long term the outlook for a number of Chinese cities looks positive, prolonged travel restrictions and border closures slowed down the recovery in the short term. Woman tourist walking in Wangfujing food street at Beijing, China. Copyright (c) 2017 Maridav/Shutterstock WTTC st...
Read MoreCities Economic Impact Report analysed 82 cities around the world The World Travel & Tourism Council (WTTC) has revealed positive signs of recovery for the Travel & Tourism sector in key North African city destinations, providing a massive boost to economies across the region. The report, researched in partnership with Oxford Economics, analysed key indicators such as Travel & Tourism’s contribution to GDP, employment and traveller spend. The analysis of Cairo, Marrakech and Tunis shows that across all three cities, the direct GDP contribution from Travel & Tourism, sector jobs, and visitor spending are all bouncing back to pre-pandemic levels. The WTTC Cities Economic Impact Report shows that in 2019, the Travel & Tourism sector contributed over $5.6BN...
Read MoreCities Economic Impact Report analysed 82 cities around the world The World Travel & Tourism Council (WTTC) has revealed positive signs of recovery for the Indian Travel & Tourism sector with travellers heading back to its major cities. The report, sponsored by Visa and researched in partnership with Oxford Economics, analysed key indicators such as Travel & Tourism’s contribution to GDP, employment and traveller spend. The analysis of key indicators in Delhi and Mumbai shows that Travel & Tourism’s direct contribution to both cities’ GDP, jobs and visitor spending are all bouncing back to pre-pandemic levels. The WTTC Cities Economic Impact Report shows that in 2019, the city’s Travel & Tourism sector contributed almost ₹36,200 crore to Delhi’s economy...
Read MoreCities Economic Impact Report analysed 82 destinations around the world The World Travel & Tourism Council (WTTC) has revealed positive signs of recovery for the Australian Travel & Tourism sector with major cities welcoming travellers once again. The Cities Economic Impact Report, sponsored by Visa and researched in partnership with Oxford Economics, analysed key Travel & Tourism metrics across 82 cities around the world, including contribution to GDP, employment and traveller spend. The analysis in Sydney, Melbourne, and Perth, shows that Travel & Tourism’s direct contribution to each cities’ GDP and jobs continues to rise. But prolonged border closures in Australia and key markets such as China, means visitor spending numbers are still low. GDP contribu...
Read MoreWTTC and Trip.com Group global traveller report reveals shift towards sustainable travel “Demand for travel is now stronger than ever” says WTTC President & CEO Julia Simpson A major new report by World Travel & Tourism Council (WTTC) and Trip.com Group, together with Deloitte, reveals a heightened appetite for sustainable tourism amongst consumers, with 69% of travellers actively seeking sustainable travel options. In this follow-up report, WTTC joined forces again with leading global travel service provider, Trip.com Group and its major consumer brands Trip.com, Ctrip and Skyscanner, with additional data sourced from Deloitte, to analyse the trends that shaped the Travel & Tourism sector last year and will continue to do so over 2023. The Mont des Arts or Kunst...
Read MoreBeijing predicted to take the number one spot by 2032 Cities Economic Impact Report analysed 82 cities around the world New research from the World Travel & Tourism Council (WTTC) reveals French capital Paris as the world’s most powerful city destination but predicts it will be overtaken by Beijing by 2032. The report, sponsored by Visa and researched in partnership with Oxford Economics, analysed key indicators such as Travel & Tourism’s contribution to GDP, employment and traveller spend. FILE PHOTO: A woman, wearing a mask, rides her bicycle near the Eiffel tower at Trocadero square in Paris. REUTERS/Gonzalo Fuentes COVID-19 had a devastating impact on Travel & Tourism and in particular major cities around the world as countries closed their borders in resp...
Read MoreWTTC reveals footprint data, emissions intensity decreased by more than 26% in 10 years Sector’s GDP grew 7.3% annually on average, whilst its greenhouse gas emissions increased by just 4% The World Travel & Tourism Council (WTTC) and the Saudi-based Sustainable Tourism Global Center have unveiled revolutionary new data detailing the climate footprint of the Travel & Tourism sector in the Asia Pacific region (APAC). According to the data, between 2010 and 2019, the APAC Travel & Tourism sector decoupled its economic growth from its greenhouse gas emissions. Woman tourist walking in Wangfujing food street at Beijing, China. Copyright (c) 2017 Maridav/Shutterstock The new data for the region reveals the total contribution to APAC’s GDP grew on average 7.3% annua...
Read MoreTravel & Tourism sector commits to vision to halt and reverse biodiversity loss by 2030 During COP15 in Montreal, the World Travel & Tourism Council (WTTC), United Nations World Tourism Organisation (UNWTO) and the Sustainable Hospitality Alliance (the Alliance) have announced a new collaboration which will bring together the public and private sectors in a shared vision to halt and reverse biodiversity loss by 2030. The vision sees the global Travel & Tourism sector supporting and inspiring governments, businesses, and society to implement the post-2020 Global Biodiversity Framework and help to transform our relationship with the natural world. Signatories to the vision have committed to adopt a nature positive approach to tourism through integrating biodiversity saf...
Read MoreSustainability ‘superpower’ Saudi Arabia to lead clean energy revolution
Author Jeffrey Sachs: Tourism can change the world by being ‘green and clean’ UN’s Patricia Espinosa: We need ‘unity of purpose’ to tackle climate crisis Saudi Arabia can become a solar energy “superpower” that drives a global sustainability revolution and accelerates the world’s renewable energy transition, tourism leaders heard on Thursday. Jeffrey Sachs, Director of the Center for Sustainable Development at Columbia University, highlighted the region’s potential to lead a concerted push toward net-zero emissions during the 22nd World Tourism and Travel Council (WTTC) Global Summit in Riyadh. “We need to inspire a sustainability revolution,” Sachs said. “Tourism can really change the world by being clean and green but also by showing everyone – politicians, business le...
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