Travel & Tourism contributed 9.8% to the global economy in 2025; WTTC calls it sector’s best year
As per a new report by WTTC & Chase Travel, the Travel & Tourism’s global GDP contribution reached a record USD 11.6 trillion. Of all regions, Asia-Pacific recorded the strongest expansion in Travel & Tourism GDP in 2025, with growth of 8.1%, driven by reopening momentum, rising international demand, and strong regional connectivity.
Cruise tourism contributes USD 98.5 bn to global GDP: WTTC
The World Travel & Tourism Council (WTTC) launched its latest report, Cruising for Impact, highlighting the positive impact that cruise tourism delivers for communities and destinations around the world and creating long-term value in coastal and port destinations. Alongside these positive impacts, the industry contributed USD 98.5 billion to global GDP and generated USD 199 billion in total...
US border policy changes threaten USD 15.7 Bn loss for travel trade: WTTC Research
New research from the World Travel & Tourism Council (WTTC) warns that proposed changes to the U.S. ESTA programme, requiring wider social media disclosures, could directly reduce international travel demand and materially weaken the U.S. Travel & Tourism economy, with up to 157,000 jobs lost – wiping out the same number usually created in one quarter in the U.S...
Better borders could unlock USD 401BN for global economy, create jobs & boost tourism: Survey
WTTC and SITA survey also urges governments to enhance cooperation across tourism, security, and finance ministries, pre-clear travellers before arrival to reduce border congestion, and build direct digital relationships with travellers to improve communication, trust and the overall travel experience.
Gloria Guevara to lead as WTTC interim CEO for the Global Summit in Sept.
In the absence of Julia Simpson, Guevara, the former President & CEO will return to the helm on an interim basis and extend support during WTTC’s Global Summit scheduled in Rome.
