News & Articles - WTTC

  • WTTC Report Shows Cost of COVID-19 on Travel Industry

    Prior to the pandemic, travel and tourism (including its direct, indirect, and induced impacts) accounted for one in four of all new jobs created across the world, 10.6% of all jobs (334 million), and 10.4% of global GDP (US$9.2 trillion), said a new report released by the World Travel and Tourism Council (WTTC). International visitor spending amounted to US$1.7 trillion in 2019 (6.8% of total exports, 27.4% of global services exports). WTTC’s latest annual research also shows that: the travel…

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