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WTTC Forecasts Record&Breaking Growth for Global Travel & Tourism in 2025
2025-05-27 15:00:10| Hotel Resource
WTTC predicts a record&breaking year for the global Travel & Tourism sector, with international visitor spending expected to reach $2.1 trillion. Despite slower growth in major economies like the US and China, Saudi Arabia is set to make significant strides, with the sector contributing over 10% of its GDP by 2025. The Middle East region is also expected to see robust growth in the industry.
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Hospitality
LATEST NEWS
WTTC Forecasts Robust Growth for Brazil's Travel & Tourism Sector with 8.3 Million Jobs by 2025
2025-05-27 13:53:33| Hotel Resource
The World Travel & Tourism Council (WTTC) projects that Brazil's Travel & Tourism sector will contribute US$167.6 billion to the nation's GDP, representing 7.7% of the total economy and supporting 8.3 million jobs by 2025.
Category:
Hospitality
U.S. Consumers Prioritize Budgeting Amid Rising Costs This Summer
2025-05-26 17:13:48| Hotel Resource
New Trustpilot data reveals U.S. consumers are committed to summer vacation while budgeting harder and staying local.
Category:
Hospitality