Travel and Tourism sector poised for strong recovery says WTTC

In 2019, travel and tourism generated 10.4% of global GDP and more than 330 million jobs

According to new research from the World Travel & Tourism Council (WTTC), the global travel aand tourism sector’s contribution to the global economy could reach US$8.6 trillion this year, just 6.4% behind pre-pandemic levels,

The global tourism body’s findings show that if restrictions to international travel are eased around the world throughout the year, the sector could hold 58 million jobs in 2022, to reach more than 330 million, just 1% below pre-pandemic levels and up by 21.5% compared to 2020.

WTTC President & CEO Julia Simpson said: “Over the past two years, the global Travel & Tourism sector has suffered tremendous losses. 2022 is poised for a strong recovery if governments continue to open up and remove restrictions to travel. Our sector could recover more than 58 million jobs and generate $8.6 trillion which would boost economic recovery around the world.

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“As people start travelling again, governments must implement simplified rules, including the use of digital solutions. Travel of the future should be contactless while guaranteeing safety.”

To reach close to pre-pandemic levels this year, WTTC says governments around the world must continue focussing on the vaccine and booster rollout, allowing fully vaccinated travellers to move freely without the need for testing and enable international travel using digital solutions that allow travellers to prove their status in a fast, simple and secure way.

For more information, visit www.wttc.org