World Travel And Tourism Council news and trends

One in Every Ten Dollars Globally Spent on Travel in 2024

September 03, 2024
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One in Every Ten Dollars Globally Spent on Travel in 2024

September 03, 2024
Travel spending will generate a record 10% of gross domestic product (GDP) this year. That’s according to a report Monday (Sept. 3) by Reuters, citing data from World Travel and Tourism Council (WTTC), a non-profit membership group. The WTTC estimates show the travel industry contributing $11.1 trillion to the worldwide GDP for 2024, up 12.1% […]