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WTTC report analyses factors for hotel investment

Destinations must have a clear commitment and holistic approach to become resilient and competitive
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Travel & tourism to inject more than $2.6B into U.S. economy

Revenue from travel & tourism will make up almost 10% of U.S. economy
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N.A. travel sector forecast to create 9.5M jobs over next decade

Projected to grow at average annual rate of 3.9% over next decade
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Long-term travel sector jobs forecast bullish

Contribution to GDP is expected to grow to almost $8.4T by year’s end
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WTTC: U.S. travel & tourism saw labor shortfall of almost 700,000 in 2021

A new analysis of staff shortages by the World Travel & Tourism Council (WTTC), which represents the global private travel & tourism sector, reveals
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WTTC: U.S. travel sector rebounds in 2021, may surpass pre-pandemic levels in 2022

Research from the World Travel & Tourism Council (WTTC) reveals the U.S. travel & tourism sector could experience year-over-year (YOY) growth of 35.6% in
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WTTC: Global business travel spending to rise by more than 25%

Worldwide business travel spending looks set to rise by more than a quarter this year and reach two-thirds of pre-pandemic levels by 2022, according
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