
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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WTTC launches major hotel sustainability initiative
Launched at its global summit in Manila
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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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U.S. travel in ’22 forecast to beat pre-COVID levels
Sector predicted to contribute $2T of U.S. GDP
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