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The World Travel & Tourism Council’s annual Economic Impact Report (EIR) recently revealed the dramatic impact COVID-19 had on South Korea’s travel and tourism sector, wiping out USD33,3 billion from the nation’s economy.

With the aim of establishing actions and commitments to restart international travel, the World Travel & Tourism Council (WTTC) and the Spanish Government recently hosted a hybrid conference, where leaders from the industry both from the public and private sector participated, covering 95 countries and more than 100 Travel & Tourism companies. 

World Travel & Tourism Council (WTTC), which represents the global travel and tourism private sector, recently revealed a new report detailing the critical role that the industry will have in the America's economic recovery, once the COVID-19 pandemic has been combatted.

Up to 75 million jobs are at immediate risk in global travel and tourism due to the coronavirus pandemic, according to the World Travel & Tourism Council (WTTC).

Travel and Tourism in South Africa contributed 1,5 million jobs and ZAR425,8 billion to the economy in 2018, making it the largest tourism economy in Africa, according to the World Travel & Tourism Council’s (WTTC) annual review of the economic impact and social importance of the sector released.

During the annual general meeting of International Air Transport Association (IATA) in Sydney, Australia the World Travel and Tourism Council (WTTC) presented conclusions shared during the Tourism Ministers of G20 Economies meeting in Buenos Aires, Argentina.

Crystal Lagoons has identified Oman’s hospitality and tourism market, which is expected to see investment of upwards of USD1.7 billion by 2026, according to the World Travel and Tourism Council.