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The World Travel & Tourism Council’s (WTTC) latest Economic Impact Report (EIR) reveals the travel and tourism sector is expected to create nearly 126 million new jobs within the next decade.

Major new research from the World Travel & Tourism Council (WTTC) has revealed that as the global travel and tourism sector begins to recover from the ravages of the COVID-19 pandemic, its contribution to the global economy could reach USD8,6 trillion this year.

A total of 1,080 deals were announced in the global travel and tourism sector during 2021, which is an improvement of 1,3 percent over the 1,066 deals announced during 2020, according to GlobalData, a leading data and analytics company.

Tourists visiting Italy spent on average EUR39.6 billion during 2017, representing an increase of 6.5 percent, more than 50 percent higher than the world average growth rate of 4.3 percent, according to a new research released by World Travel & Tourism Council (WTTC).

World Travel & Tourism Council (WTTC) revealed that Indonesia’s travel and tourism sector is expected to generate 2.4 million new jobs.