November 28, 2023
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WTTC Chair Highlights Africa’s Significance and Travel’s Transformative Power

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Arnold Donald, Chair of WTTC, addressed the 23rd Global Summit in Rwanda, celebrating the transformative power of travel and acknowledging Rwanda’s profound significance. Arnold Donald emphasized travel’s ability to foster tolerance, reduce fear of the unknown, and promote understanding among diverse cultures. He extended a warm welcome to all attendees, Continue Reading
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WTTC’s Global Summit in Kigali opens with message of Tourism Recovery post-Covid

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As the 23rd Global Summit of the World Travel & Tourism Council (WTTC) commenced in Kigali yesterday, a remarkable resurgence in the global Travel & Tourism sector was unveiled by WTTC President & CEO Julia Simpson. The industry is bouncing back to the vibrant levels witnessed in 2019, prior to the COVID-19 pandemic. The most […]Continue Reading
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Travel & tourism sector deal activity down globally by 33% YoY in Q1-Q3: GlobalData

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A total of 558 deals were announced in the travel and tourism sector globally during the first three quarters of 2023, which was a decline of 33% compared to the announcement of 833 deals during the same period in 2022, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals […]Continue Reading
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WTTC forecasts investment in Travel & Tourism to reach USD 1.1 trillion

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The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report has revealed an encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks and signalling a strong return to growth. From 2010 to 2019, investment grew steadily at 4.3% CAGR, growing from USD 754.6BN in 2010 to USD 1.1TN […]Continue Reading
Top Stories Trade Associations

Women’s Participation in Travel & Tourism Critical to Growth of Global Sector: WTTC

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The World Travel & Tourism Council (WTTC) reiterated the importance of women’s engagement in Travel & Tourism to catapult its growth and achieve a thriving and resilient sector at the Women Deliver Global Conference, in Kigali, Rwanda. Speaking at the conference, Julia Simpson, President & CEO, WTTC, emphasised the importance of promoting women’s Continue Reading

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