CONVERSABLE ECONOMIST: The Global Tourism Industry
How Can The Tourism Industry Help In Preventing Climate Change
India up the global tourism chart
Travel Still Way Down
Growth of tourism
COMMENTS
International Tourism to End 2023 Close to 90% of Pre-Pandemic ...
All Regions. 30 Nov 2023. International tourism is on track to recover almost 90% of pre-pandemic levels by the end of this year. According to the latest data from the World Tourism Organization (UNWTO), an estimated 975 million tourists travelled internationally between January and September 2023, an increase of 38% on the same months of 2022.
Tourism
Tourism has massively increased in recent decades. Aviation has opened up travel from domestic to international. Before the COVID-19 pandemic, the number of international visits had more than doubled since 2000. Tourism can be important for both the travelers and the people in the countries they visit. For visitors, traveling can increase their ...
World Tourism Barometer: January 2024
According to the first UNWTO World Tourism Barometer of the year, international tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals.The unleashing of remaining pent-up demand, increased air connectivity, and a stronger recovery of Asian markets and destinations, are expected to underpin a full recovery by the end of 2024 (UNWTO Tourism ...
2023 Edition International Tourism Highlights
6 International Tourism ighlights - 2023 Edition (Revised and updated, October 2023) • International tourism experienced a 13% increase in 2021 to reach 458 million arrivals, 51 million more than in 2020, but still 69% less than the pre-pandemic levels of 2019 (1,464 million). • Export revenues from international tourism also
UNWTO World Tourism Barometer and Statistical Annex, January 2022
International tourism up 4% in 2021 but still 72% below pre-pandemic levels Global tourism experienced a mild 4% upturn in 2021, with 15 million more international tourist arrivals (overnight visitors) than in 2020 but remained 72% below the levels of pre-pandemic year 2019 according to preliminary estimates. This follows a 73% plunge in international travel in 2020, the worst year on record ...
How does the future look for the global tourism sector?
The UNWTO's latest World Tourism Barometer shows an increase of 182% for international tourism in the first three months of 2022 compared to the previous year. While optimism builds, the tourism industry is still vulnerable to new variants of COVID-19, the war in Ukraine and global economic conditions.
Economic Impact Research
In 2023, the Travel & Tourism sector contributed 9.1% to the global GDP; an increase of 23.2% from 2022 and only 4.1% below the 2019 level. In 2023, there were 27 million new jobs, representing a 9.1% increase compared to 2022, and only 1.4% below the 2019 level. Domestic visitor spending rose by 18.1% in 2023, surpassing the 2019 level.
Tourism Statistics
Tourism Statistics. Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. Data on inbound, domestic and outbound tourism is available, as well as on tourism industries, employment and complementary indicators. All statistical tables available are displayed and can be accessed individually ...
PDF of Surrey Travel & Tourism Development Index 2024
In 2024, global tourism growth is expected to be reinforced by the continued satisfaction of pent-up demand and growth in major Asian markets after travel restrictions have been lifted following a delay compared to other regions.3 However, the uneven nature of the aforementioned recovery, labour shortages, and supply and
Tourism is Back to Pre-Pandemic Levels, but Challenges Remain
International tourist arrivals and the travel and tourism sector's contribution to global GDP are expected to return to pre-pandemic levels this year, driven by the lifting of COVID-19-related travel restrictions and strong pent-up demand, as per the new World Economic Forum travel and tourism study, released today. Topping the 2024 list of economies are the United States, Spain, Japan ...
3. Global context
Driven by the lifting of pandemic-related travel and other restrictions and strong pent-up demand, international tourist arrivals are expected to reach pre-pandemic levels in 2024, reaching 88% of the 2019 level in 2023, 1 while at $9.9 trillion, T&T's contribution to global GDP is nearly at pre-pandemic levels. The Middle East had the highest recovery rates in international tourist arrivals ...
Travel Will Represent a $15.5 Trillion Economy by 2033
By 2033, travel is set to become a $15.5 trillion industry—accounting for more than 11.6% of the global economy. This represents a 50% increase over its $10 trillion value in 2019, when travel ...
Tourism's Importance for Growth Highlighted in World Economic ...
According to the World Economic Outlook (WEO) Report, the global economy will grow an estimated 3.0% in 2023 and 2.9% in 2024. While this is higher than previous forecasts, it is nevertheless below the 3.5% rate of growth recorded in 2022, pointing to the continued impacts of the pandemic and Russia's invasion of Ukraine, and from the cost-of ...
Impact of the Pandemic on Tourism
The October World Economic Outlook projected the global economy would contract by 4.4 percent in 2020. The shock in tourism-dependent economies will be far worse. Real GDP among African countries dependent on tourism will shrink by 12 percent. Among tourism-dependent Caribbean nations, the decline will also reach 12 percent.
The state of tourism and hospitality 2024
Now boarding: Faces, places, and trends shaping tourism in 2024. Global travel is back and buzzing. The amount of travel fell by 75 percent in 2020; however, travel is on its way to a full recovery by the end of 2024. More regional trips, an emerging population of new travelers, and a fresh set of destinations are powering steady spending in ...
Global tourism to recover from pandemic by 2023, post 10-year growth
The industry is expected to post an annual average growth rate of 5.8% from 2022 to 2032 versus the 2.7% increase in global GDP, and create 126 million new jobs, WTTC said in a report released ...
Global tourism industry
In 2022, the global online travel market amounted to as much as 474.8 billion U.S. dollars, a figure that was forecast to exceed one trillion U.S. dollars by 2030. Some of the leading travel ...
How global tourism can become more sustainable, inclusive and resilient
The International Air Transport Association (IATA) forecasts a 50.4% improvement on 2020 air travel demand, which would bring the industry to 50.6% of 2019 levels. However, a more pessimistic outlook based on the persistence of travel restrictions suggests that demand may only pick up by 13% this year, leaving the industry at 38% of 2019 levels.
International tourism growth continues to outpace the global economy
Against a backdrop of global economic slowdown, tourism spending continued to grow, most notably among the world's top ten spenders. France reported the strongest increase in international tourism expenditure among the world's top ten outbound markets (+11%), while the United States (+6%) led growth in absolute terms, aided by a strong dollar.
Global tourism is booming. These people would rather it wasn't
The year 2024 is set to be a record-breaking one for tourism, surpassing the previous high in 2019. It appears that the travel and tourism industry is back with a vengeance after the pandemic ...
How the COVID-19 crisis has affected international tourism
According to the latest World Tourism Barometer, global travel activity rebounded sharply in the third quarter of 2021, while remaining far below pre-pandemic levels. International tourist arrivals increased by 58 percent in the three months ended September 30 compared to the same period of 2020 but remained 64 percent below 2019 levels.
Global Hot Spots Take Aim at Overtourism
Why You'll Pay More and Behave Better When You Travel This Summer. From Barcelona to Bali, higher fees and new rules are targeting overtourism and unruly behavior. Some locals are worried the ...
Minister Bartlett to take part in Global Summit and UN Tourism
Minister of Tourism, Hon. Edmund Bartlett, embarked on a journey to Europe on Tuesday, aiming to elevate Jamaica's standing in the global tourism sector through a series of pivotal engagements. In Sarajevo, Bosnia and Herzegovina, Minister Bartlett will participate in the Resilience and Innovation Summit, orchestrated by the Global Travel and ...
How is the travel and tourism industry recovering?
The World Economic Forum has published its inaugural Travel and Tourism Development Index. It focuses on the growing role of sustainability and resilience in travel and tourism growth. Recovery for the sector is uneven and tourist arrivals in January 2022 were still 67% below 2019 levels, according to the World Tourism Organization.
Indicators of Global Climate Change 2023: annual update of key
Abstract. Intergovernmental Panel on Climate Change (IPCC) assessments are the trusted source of scientific evidence for climate negotiations taking place under the United Nations Framework Convention on Climate Change (UNFCCC). Evidence-based decision-making needs to be informed by up-to-date and timely information on key indicators of the state of the climate system and of the human ...
How rising global temperatures impact the tourism industry
Tourism is a large driver of aviation, which creates 2% of global energy-related CO2 emissions. Image: Sustainable Travel International. But the tourism industry and tourism-dependent economies are also highly vulnerable to the impacts of rising temperatures. The Caribbean attracted over 28 million visitors in 2022and its economy is more ...
China recovers its position as top spender in 2023 as Asia and ...
Total export revenues from international tourism, including both receipts and passenger transport, reached an estimated USD 1.7 trillion in 2023, about 96% of pre-pandemic levels in real terms. Tourism direct GDP recovered pre-pandemic levels in 2023, reaching an estimated USD 3.3 trillion, equivalent to 3% of global GDP. Related links:
IMAGES
COMMENTS
All Regions. 30 Nov 2023. International tourism is on track to recover almost 90% of pre-pandemic levels by the end of this year. According to the latest data from the World Tourism Organization (UNWTO), an estimated 975 million tourists travelled internationally between January and September 2023, an increase of 38% on the same months of 2022.
Tourism has massively increased in recent decades. Aviation has opened up travel from domestic to international. Before the COVID-19 pandemic, the number of international visits had more than doubled since 2000. Tourism can be important for both the travelers and the people in the countries they visit. For visitors, traveling can increase their ...
According to the first UNWTO World Tourism Barometer of the year, international tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals.The unleashing of remaining pent-up demand, increased air connectivity, and a stronger recovery of Asian markets and destinations, are expected to underpin a full recovery by the end of 2024 (UNWTO Tourism ...
6 International Tourism ighlights - 2023 Edition (Revised and updated, October 2023) • International tourism experienced a 13% increase in 2021 to reach 458 million arrivals, 51 million more than in 2020, but still 69% less than the pre-pandemic levels of 2019 (1,464 million). • Export revenues from international tourism also
International tourism up 4% in 2021 but still 72% below pre-pandemic levels Global tourism experienced a mild 4% upturn in 2021, with 15 million more international tourist arrivals (overnight visitors) than in 2020 but remained 72% below the levels of pre-pandemic year 2019 according to preliminary estimates. This follows a 73% plunge in international travel in 2020, the worst year on record ...
The UNWTO's latest World Tourism Barometer shows an increase of 182% for international tourism in the first three months of 2022 compared to the previous year. While optimism builds, the tourism industry is still vulnerable to new variants of COVID-19, the war in Ukraine and global economic conditions.
In 2023, the Travel & Tourism sector contributed 9.1% to the global GDP; an increase of 23.2% from 2022 and only 4.1% below the 2019 level. In 2023, there were 27 million new jobs, representing a 9.1% increase compared to 2022, and only 1.4% below the 2019 level. Domestic visitor spending rose by 18.1% in 2023, surpassing the 2019 level.
Tourism Statistics. Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. Data on inbound, domestic and outbound tourism is available, as well as on tourism industries, employment and complementary indicators. All statistical tables available are displayed and can be accessed individually ...
In 2024, global tourism growth is expected to be reinforced by the continued satisfaction of pent-up demand and growth in major Asian markets after travel restrictions have been lifted following a delay compared to other regions.3 However, the uneven nature of the aforementioned recovery, labour shortages, and supply and
International tourist arrivals and the travel and tourism sector's contribution to global GDP are expected to return to pre-pandemic levels this year, driven by the lifting of COVID-19-related travel restrictions and strong pent-up demand, as per the new World Economic Forum travel and tourism study, released today. Topping the 2024 list of economies are the United States, Spain, Japan ...
Driven by the lifting of pandemic-related travel and other restrictions and strong pent-up demand, international tourist arrivals are expected to reach pre-pandemic levels in 2024, reaching 88% of the 2019 level in 2023, 1 while at $9.9 trillion, T&T's contribution to global GDP is nearly at pre-pandemic levels. The Middle East had the highest recovery rates in international tourist arrivals ...
By 2033, travel is set to become a $15.5 trillion industry—accounting for more than 11.6% of the global economy. This represents a 50% increase over its $10 trillion value in 2019, when travel ...
According to the World Economic Outlook (WEO) Report, the global economy will grow an estimated 3.0% in 2023 and 2.9% in 2024. While this is higher than previous forecasts, it is nevertheless below the 3.5% rate of growth recorded in 2022, pointing to the continued impacts of the pandemic and Russia's invasion of Ukraine, and from the cost-of ...
The October World Economic Outlook projected the global economy would contract by 4.4 percent in 2020. The shock in tourism-dependent economies will be far worse. Real GDP among African countries dependent on tourism will shrink by 12 percent. Among tourism-dependent Caribbean nations, the decline will also reach 12 percent.
Now boarding: Faces, places, and trends shaping tourism in 2024. Global travel is back and buzzing. The amount of travel fell by 75 percent in 2020; however, travel is on its way to a full recovery by the end of 2024. More regional trips, an emerging population of new travelers, and a fresh set of destinations are powering steady spending in ...
The industry is expected to post an annual average growth rate of 5.8% from 2022 to 2032 versus the 2.7% increase in global GDP, and create 126 million new jobs, WTTC said in a report released ...
In 2022, the global online travel market amounted to as much as 474.8 billion U.S. dollars, a figure that was forecast to exceed one trillion U.S. dollars by 2030. Some of the leading travel ...
The International Air Transport Association (IATA) forecasts a 50.4% improvement on 2020 air travel demand, which would bring the industry to 50.6% of 2019 levels. However, a more pessimistic outlook based on the persistence of travel restrictions suggests that demand may only pick up by 13% this year, leaving the industry at 38% of 2019 levels.
Against a backdrop of global economic slowdown, tourism spending continued to grow, most notably among the world's top ten spenders. France reported the strongest increase in international tourism expenditure among the world's top ten outbound markets (+11%), while the United States (+6%) led growth in absolute terms, aided by a strong dollar.
The year 2024 is set to be a record-breaking one for tourism, surpassing the previous high in 2019. It appears that the travel and tourism industry is back with a vengeance after the pandemic ...
According to the latest World Tourism Barometer, global travel activity rebounded sharply in the third quarter of 2021, while remaining far below pre-pandemic levels. International tourist arrivals increased by 58 percent in the three months ended September 30 compared to the same period of 2020 but remained 64 percent below 2019 levels.
Why You'll Pay More and Behave Better When You Travel This Summer. From Barcelona to Bali, higher fees and new rules are targeting overtourism and unruly behavior. Some locals are worried the ...
Minister of Tourism, Hon. Edmund Bartlett, embarked on a journey to Europe on Tuesday, aiming to elevate Jamaica's standing in the global tourism sector through a series of pivotal engagements. In Sarajevo, Bosnia and Herzegovina, Minister Bartlett will participate in the Resilience and Innovation Summit, orchestrated by the Global Travel and ...
The World Economic Forum has published its inaugural Travel and Tourism Development Index. It focuses on the growing role of sustainability and resilience in travel and tourism growth. Recovery for the sector is uneven and tourist arrivals in January 2022 were still 67% below 2019 levels, according to the World Tourism Organization.
Abstract. Intergovernmental Panel on Climate Change (IPCC) assessments are the trusted source of scientific evidence for climate negotiations taking place under the United Nations Framework Convention on Climate Change (UNFCCC). Evidence-based decision-making needs to be informed by up-to-date and timely information on key indicators of the state of the climate system and of the human ...
Tourism is a large driver of aviation, which creates 2% of global energy-related CO2 emissions. Image: Sustainable Travel International. But the tourism industry and tourism-dependent economies are also highly vulnerable to the impacts of rising temperatures. The Caribbean attracted over 28 million visitors in 2022and its economy is more ...
Total export revenues from international tourism, including both receipts and passenger transport, reached an estimated USD 1.7 trillion in 2023, about 96% of pre-pandemic levels in real terms. Tourism direct GDP recovered pre-pandemic levels in 2023, reaching an estimated USD 3.3 trillion, equivalent to 3% of global GDP. Related links: