New report from WTTC reveals, corporate travel in the Middle East and Asia Pacific set to lead the way with fastest recovery Worldwide business travel spending looks set to rise by more than a quarter this year and reach two thirds of pre-pandemic levels by 2022, according to the World Travel & Tourism Council (WTTC). The forecast comes in a major new WTTC report in collaboration with McKinsey & Company called ‘Adapting to Endemic Covid-19: The Outlook for Business Travel’. It draws on research, analysis and in-depth interviews with Travel & Tourism business leaders to enable organisations to prepare for corporate travel in the post-pandemic world. Business travel was disproportionately affected by COVID-19 and has been slower to resume. Given that business tra...
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UNWTO, WTTC & WTM Ministers’ Summit commits to investing in tourism’s sustainable future
Tourism leaders from around the world will once again come together for the UNWTO, WTTC & WTM Ministers’ Summit at WTM London this November, to commit to investing in the sector’s sustainable future. The summit is the largest annual gathering of tourism ministers and will take place on Tuesday 2nd November during WTM London – the leading global event for the travel industry. Ministers, industry leaders, entrepreneurs, and experts are invited to take part. FILE PHOTO: World Travel Market London 2019, ExCeL London - WTM Festivals & Party For more than 10 years, the United Nations World Tourism Organization (UNWTO) and WTM London have partnered to host a high-level summit, focusing on key challenges and opportunities facing the sector. The 2021 Summit will also be present...
Read MoreThe World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, has announced that its highly anticipated 21st Global Summit will take place in Manila, Philippines, from 14-16 March 2022. WTTC’s annual Global Summit is the most influential Travel & Tourism event in the calendar, and next year, industry leaders will gather with key government representatives to continue aligning efforts to support the sector’s recovery and move beyond to a safer, more resilient, inclusive, and sustainable future. Following its hugely successful event in Cancun Mexico in April this year, the Summit will be hosted in Metro Manila in-person, with a global audience joining virtually. Hundreds of CEOs, business leaders and tourism ministers gather...
Read More# In a slower than expected recovery GDP contribution will only increase by less than one third# Nearly 19 million Travel & Tourism jobs in the balance in 2021# With the right measures, governments could see jobs surpass 2019 levels by 2022 The Travel & Tourism sector’s continued sluggish recovery will see its year-on-year contribution to global GDP rise by less than one third in 2021, according to new research from the World Travel & Tourism Council (WTTC). WTTC, which represents the global Travel & Tourism private sector, says the recovery of the sector has been hampered by the lack of international coordination, severe travel restrictions and slower vaccination rates in some parts of the world which still hamper many regions of the world. In 2019, the Trave...
Read More400 destinations around the world now hold the globally recognised stamp by WTTC More than 400 destinations around the world now proudly hold the World Travel & Tourism Council’s (WTTC) ‘Safe Travels’ stamp, with New Zealand, Switzerland, and Oman among the latest major destinations to adopt the globally recognised stamp. A group of people are enjoying watching dolphins in Oman WTTC, which has been continuously leading the private sector in the efforts to rebuild global consumer confidence and encourage the return of safe international travel, made history when it launched the world’s first ever global safety and hygiene stamp just over one year ago. The stamp, which has been crucial to restoring confidence in travellers and revive the global Travel & Tourism sector, has...
Read MoreWTTC also announces social and environmental indicators at Climate Week The World Travel & Tourism Council (WTTC) has launched a Net Zero Roadmap for the Travel & Tourism sector to support the industry in combatting climate change during its virtual climate week event. It also announced the launch of ground-breaking social and environmental research data. The first time such data will be produced across the whole sector, building on WTTC’s annual high-anticipated Economic Impact Report (EIR). These vital pieces of work represent WTTC’s biggest deliverables in the sector’s drive towards net zero by 2050. The powerful initiative is being run in collaboration with the United Nations Environment Programme (UNEP) and professional services and consulting experts, A...
Read MoreAll major travel and tourism bodies across the world have largely welcomed White House decision to lift restrictions on vaccinated travelers from entering US from early November. General mood in the industry was upbeat and all hoped that it will help world travel and tourism sector to get back to its feet after tumultuous two years. There has been a sigh of relief with hope that other countries across the globe will follow suit. Julia Simpson, WTTC President & CEO, said, “The U.S. lifting travel restrictions to restore transatlantic travel between the EU and the U.K. is welcome news - not only for hard-pressed airlines, but for the wider Travel & Tourism sector, which has been decimated by COVID-19. “It will finally enable families to reunite, business travellers to resu...
Read MoreThe International Air Transport Association (IATA) warned that free movement within Europe is being compromised by the failure of EU member states to harmonize COVID-19 entry regulations. As a result, the reopening of borders is confusing travelers and businesses and not delivering the expected benefits in terms of easier travel and economic recovery. A woman shows her digital COVID-19 certificate at a train station in Milan, Italy, September 1, 2021. REUTERS/Flavio Lo Scalzo IATA research has found significant differences in how EU member states are managing travel: Around 30% of states using the EU Digital Covid Certificate (DCC) are not accepting rapid testing19% of states are not exempting children from testing requirements41% of states are not allowing vaccinated travelers f...
Read MoreThe World Travel & Tourism Council (WTTC) has called upon the UK government to finally bring an end to the widely discredited travel traffic light system. The call comes after the latest update which saw just seven countries added to the green list, with Thailand, a popular winter sun destination for holiday starved Brits, and Montenegro, added to the red list. Turkey, widely expected to be able to welcome British visitors stayed in no-go red, seriously damaging its travel sector. FILE PHOTO: A traveller wearing a face mask walks at the Terminal 5 at Heathrow Airport, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain. REUTERS/Henry Nicholls WTTC, which represents the global Travel & Tourism private sector, says both consumers and Travel ...
Read MoreThe World Travel & Tourism Council (WTTC) has called upon the U.S. government to urgently speed up approval of the UK’s AstraZeneca vaccine to help restore vital transatlantic travel. The Centre for Disease Control (CDC), the main health authority in the U.S., this week approved the Pfizer vaccine, however it still does not currently recognise AstraZeneca as an approved COVID-19 vaccine. Even if the Biden Administration allows borders to reopen, the CDC’s non-recognition of AstraZeneca will be a significant barrier to transatlantic travel between the UK and the U.S. FILE PHOTO: Vials with AstraZeneca's coronavirus disease (COVID-19) vaccine are seen at the vaccination centre in the Newcastle Eagles Community Arena, in Newcastle upon Tyne, Britain, January 30, 2021. REUTERS/Le...
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