India, Aug. 6 -- The World Travel & Tourism Council (WTTC) unveiled its latest Economic Impact Research (EIR): Global Trends Report, highlighting how investment and policy support are key drivers of growth in the global Travel & Tourism sector.
Global Travel & Tourism Performance
- Investment: Exceeded $1 trillion in 2025, up 8.5% YoY.
- GDP Contribution: Record $11.6 trillion, outperforming the wider global economy.
- Drivers: Capital investment fueling job creation, destination development, and connectivity.
Key Investment Markets
- United States: Infrastructure expansion, strong domestic demand, major events (FIFA World Cup 2026, LA Olympics 2028).
- China: Ambition to be a tourism powerhouse; pipeline projected at $402 billion by 2036.
- India: Expanding connectivity, destination development, open investment environment.
- Saudi Arabia: Vision 2030 driving rapid growth with large-scale projects and investor-friendly reforms.
- Together, these four nations contributed nearly $500 billion in 2025-almost half of global investment.
Success Story - Spain
- Contribution: 15.3% of GDP, $130 billion in visitor spending.
- Employment: Supports 1 in 7 jobs.
- Policies: €3.4 billion EU recovery funding, Spain Tourism Strategy 2030, diversification across seasons and destinations.
Other Standout Economies
- Indonesia: Forecast to be one of the fastest-growing outbound markets.
- Netherlands: Expected to lead Europe in investment growth.
- Rwanda: Emerging as a fast-growing leisure tourism hub in Africa.
- Germany, Malta, Singapore, Thailand: Each highlighted for strong recovery or sectoral leadership.
Outlook
- By 2036, Travel & Tourism is forecast to contribute $17.1 trillion to global GDP and support 89 million additional jobs.
- Governments can harness momentum through policy support, infrastructure development, and investment confidence.
- Despite geopolitical and economic headwinds, the sector's long-term outlook remains......
Published by HT Digital Content Services with permission from Travel Media.