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How tourism destinations can foster sustainable growth Travel and tourism’s contribution to global GDP is projected to be $16 trillion by 2034 The sector also faces complex challenges including friction between visitors and residents, the risk of global disruptions and the pressure it puts on nature The World Economic Forum report Travel and Tourism at a Turning Point: Principles for Transformative Growth pinpoints the main trends, challenges
How we make travel and tourism inclusive and sustainable The global travel sector is experiencing a robust recovery, with tourists increasingly spending more on travel Despite the overall positive outlook, some destinations struggle with operational challenges, including workforce issues and resource management amid rising tourist numbers and environmental concerns The travel and tourism sector’s potential for advancing socio-economic prosperity
Travel Tourism Development Index 2024 | World Economic Forum The Travel Tourism Development Index 2024 is the second edition of an index that evolved from the Travel Tourism Competitiveness Index (TTCI) series, a flagship index of the World Economic Forum
Four Scenarios for the Future of Travel and Tourism The travel and tourism (T T) industry has staged one of the most dramatic recoveries in modern economic history, surpassing pre-pandemic expectations and reaffirming its vital role in global prosperity With Japan and Greece welcoming record visitor numbers and new partnerships reshaping international travel corridors, the sector’s resilience is clear However, rapid technological change
3 ways travel can shape the future of global connectivity The global travel market is an economic powerhouse but growth must be sustainable, inclusive and impactful Effective cross-sector and cross-border partnerships are key to unlocking the full potential of global connectivity Innovations and investments in technology can be leveraged to enhance connectivity through travel
Tourism is Back to Pre-Pandemic Levels, but Challenges Remain International tourist arrivals and the travel and tourism sector’s contribution to global GDP are expected to return to pre-pandemic levels this year, driven by the lifting of COVID-19-related travel restrictions and strong pent-up demand, as per the new World Economic Forum travel and tourism study, released today Topping the 2024 list of economies are the United States, Spain, Japan