WTTC – Page 7 – आवारा मुसाफिर

India’s Travel & Tourism could surpass pre-pandemic levels by year end

May 31, 2022482 Views

# Travel & Tourism’s GDP expected to outpace economy# More than 2.4 million jobs could be created every year Research conducted by the World Travel & Tourism Council (WTTC) has revealed the Travel & Tourism sector’s contribution to the Indian economy could surpass pre-pandemic levels this year, with a year-on-year growth of 20.7%. The forecast from the WTTC’s latest Economic Impact Report (EIR), shows the sector’s contribution to the nation’s economy could reach almost ₹15.9 trillion (U.S. $215 billion) in 2022, 1% above 2019 levels. Employment levels are set to grow to almost 35 million Travel & Tourism jobs, with an 8.3% growth this year. Over the next decade, India’s Travel & Tourism’s GDP is expected to grow at an average of 7.8% annually, compared ...

खबरनामाट्रैवल उद्योगफ्रांस

France’s Travel & Tourism could surpass pre-pandemic levels in 2023

AWARA MUSAFIR BUREAU

May 26, 2022821 Views

Employment in the sector could also exceed 2019 levels next yearTravel & Tourism growth expected to outstrip France’s GDP The World Travel & Tourism Council (WTTC) has revealed the Travel & Tourism sector in France will propel the national economic recovery and could even surpass pre-pandemic levels next year, when it is projected to rise 2.2% above 2019 levels. The forecast from WTTC’s latest Economic Impact Report (EIR) shows the sector’s contribution to GDP could reach more than €216 billion by next year. Employment within the sector could also exceed 2019 levels, creating almost 90,000 additional jobs, representing nearly 2.8 million by the end of next year. FILE PHOTO: People walk past the Arc de Triomphe du Carrousel next to the Louvre museum on a sunny day i...

खबरनामाट्रैवल उद्योग

Digital portal for safe, stress-free travel

AWARA MUSAFIR BUREAU

May 19, 20221018 Views1

The World Travel & Tourism Council (WTTC) has published a new report on best practices and support for governments for the introduction of a common ‘Digital Travel Portal’, to allow safe, stress-free travel, that would reduce delays at airports. The COVID-19 pandemic highlighted a lack of global coordination as governments introduced a constant patchwork of digital and paper requirements. WTTC is calling for alignment to build resilience and ensure there is a clear global system focused on an individual’s health status that does not bring international travel to a standstill, which throughout the pandemic caused serious economic damage. ‘Implementing a Digital Travel Portal’, created by WTTC and The Commons Project Foundation, is aimed at governments and builds on the pre...

खबरनामाट्रैवल उद्योग

Nearly 8M new travel & tourism jobs to be created in Europe

AWARA MUSAFIR BUREAU

May 13, 2022705 Views

# Sector expected to grow at double the rate of the overall economy over next 10 years# Europe’s Travel & Tourism sector bounce back could approach pre-pandemic levels next year The World Travel & Tourism Council’s latest Economic Impact Report (EIR) reveals Europe’s Travel & Tourism sector is expected to create nearly eight million new jobs within the next decade. The forecast from the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, also shows the sector will be a driving force behind Europe’s economic recovery, following more than two years of suffering. FILE PHOTO: People spend time on the beach during a heatwave in Alimos suburb, south of Athens, Greece July 1, 2021. REUTERS/Costas Baltas Over the next...

खबरनामाट्रैवल उद्योग

Massive increase in global international inbound travel

AWARA MUSAFIR BUREAU

April 23, 2022611 Views

Flight bookings suggest a hot summer ahead for key destinations across Asia-Pacific, Europe and the Americas The World Travel & Tourism Council (WTTC) and its knowledge partner ForwardKeys, have forecast a major increase in global international flights bookings as international travel takes off. The booking bounce back was revealed at WTTC’s prestigious 21st Global Summit, which took place this year in Manila, as the world continues to reopen from the pandemic. News of the strong recovery highlights a promising prospect ahead for summer holiday travel, with sun and sea destinations, such as the Caribbean and Latin America, leading the international inbound bookings. Masked and unmasked travelers ride escalators as they transit the security area after the Biden administrati...

खबरनामाट्रैवल उद्योगफिलीपींस

Global tourism to recover from pandemic by 2023, post 10-year growth spurt

AWARA MUSAFIR BUREAU

April 21, 2022577 Views

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 ...

खबरनामाट्रैवल उद्योगयूक्रेन

Global Travel & Tourism sector unites to support Ukraine

AWARA MUSAFIR BUREAU

April 13, 2022779 Views

From hotel rooms for refugees to vital supplies, WTTC Members show their support to Ukraine Travel & Tourism businesses around the globe have come together to support Ukraine with millions of hotel rooms for refugees escaping the conflict according to the World Travel & Tourism Council (WTTC). WTTC members such as Accor, Airbnb, Carnival Corporation, the European Travel Commission, Expedia, Hilton, InterContinental Hotels Group, Internova Travel Group, Marriott International, MSC Cruises, Radisson, and Uber to name just a few, have opened their doors to refugees in neighbouring countries donating rooms, transport, clothing, food, shelter, urgent supplies and financial contributions. In Ukraine, hotels have continued to stay open offering a base to charities, journalists, ...

खबरनामाघटनाएंयूरोप

Industry welcomes new recommendation on travel into the EU

UPENDRA SWAMI

February 23, 2022943 Views

Travel and tourism industry has welcomed the adoption of an EU Council recommendation for external travellers coming into the EU and called for further action to help re-start air connectivity. New recommendations effectively ease the travel requirements for travellers coming to EU from rest of the world. While the recommendation is an undoubted step forward, the industry has called for EU States to move further, towards an unconditional acceptance of all WHO-approved vaccines, and also replacing PCR with rapid antigen testing options. Julia Simpson, President and CEO of WTTC, said: “WTTC welcomes the sensible decision by the EU to drop travel restrictions before Easter. “The patchwork of rules and regulations did nothing to prevent the spread of COVID but did cause immense d...

अमेरिकाखबरनामाट्रैवल उद्योग

US travel & tourism recovery projected to exceed pre-pandemic levels in 2022

AWARA MUSAFIR BUREAU

February 9, 2022779 Views

WTTC research projects sector’s GDP contributions could reach almost $2 trillion, a 6.2% increase from 2019, with Easter and summer travel bookings helping bolster economic recovery The World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism sector, has announced announced its latest economic modeling projecting that U.S. Travel & Tourism could rebound strongly this year, reaching almost $2 trillion in U.S. GDP contribution and exceeding pre-pandemic levels by 6.2%. News of the strong recovery follows steady gains in the sector during 2021 and signals the welcome comeback of one of the world’s most important economic drivers after almost two years of upheaval. FILE PHOTO: Air travellers wearing protective face masks, amid the coronavirus di...

खबरनामाट्रैवल उद्योग

Travel & Tourism could grow to $8.6 trillion in 2022, says WTTC

AWARA MUSAFIR BUREAU

February 4, 2022591 Views

Major new research from the World Travel & Tourism Council (WTTC) has revealed the global Travel & Tourism sector’s contribution to the global economy could reach $8.6 trillion this year, just 6.4% behind pre-pandemic levels. In 2019, before the pandemic stopped travel in its tracks, the Travel & Tourism sector generated nearly $9.2 trillion to the global economy. However, in 2020, the pandemic brought the sector to an almost complete standstill, causing a massive 49.1% drop, representing a severe loss of nearly $4.5 trillion. Latest research from WTTC shows that as the world finally begins to recover from pandemic, the sector’s contribution to both the global economy and employment could reach almost pre-pandemic levels this year. Research by the global touris...