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Performance

WTTC Reveals U.S. Travel & Tourism Sector Exceeding Previous Records Despite Slow Return of International Spend

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) revealed today that the U.S. Travel & Tourism sector has contributed more to the U.S. economy than any previous year on record, despite the slower return of internationa...

World Travel & Tourism Council (WTTC)
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WTTC Reveals U.S. Travel & Tourism Sector Exceeding Previous Records Despite Slow Return of International Spend 9 April 2024WTTCNational & International Policy
WTTC Reveals U.S. Travel & Tourism Sector Exceeding Previous Records Despite Slow Return of International Spend
Performance

Hotels will pay historic wages, generate record level of tax revenue in 2024

Hotels are projected to pay a record amount of wages and generate a record level of tax revenue in 2024, according to the American Hotel & Lodging Association’s 2024 State of the Hotel Industry report.

American Hotel & Lodging Association (AHLA)
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Human Resources
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Hotels will pay historic wages, generate record level of tax revenue in 202430 January 2024AH&LANational & International Policy
Hotels will pay historic wages, generate record level of tax revenue in 2024
Performance

International Tourism to Reach Pre-Pandemic Levels in 2024

According to the first UNWTO World Tourism Barometer of the year, international tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals. The unleashing of remaining pent-up demand, increased air connect...

United Nations World Tourism Organization (UNWTO)
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Markets & Performance
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International Tourism to Reach Pre-Pandemic Levels in 202419 January 2024UNWTONational & International Policy
International Tourism to Reach Pre-Pandemic Levels in 2024
Performance

NEW Forecast Predicts United States will Continue to Struggle for International Inbound, Domestic Business Travel

The U.S. Travel Association today released its biannual forecast for travel to and within the United States through 2027, showing international inbound travel and domestic business travel will continue to remain below pre-pandemic levels in 2024. Th...

U.S. Travel Association (USTA)
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NEW Forecast Predicts United States will Continue to Struggle for International Inbound, Domestic Business Travel18 January 2024U.S. Travel AssociationNational & International Policy
NEW Forecast Predicts United States will Continue to Struggle for International Inbound, Domestic Business Travel
Performance

Stunning New Research Ranks United States Nearly Dead Last in Competition for Global Travelers

U.S. Travel Association today released a study that found the United States ranks 17th out of 18 top travel markets in terms of global competitiveness, according to Euromonitor International. Decades of underinvestment and a lack of focus and coordi...

U.S. Travel Association (USTA)
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Stunning New Research Ranks United States Nearly Dead Last in Competition for Global Travelers12 January 2024U.S. Travel AssociationNational & International Policy
Stunning New Research Ranks United States Nearly Dead Last in Competition for Global Travelers
International Tourism to End 2023 Close to 90% of Pre-Pandemic Levels
Performance

International Tourism to End 2023 Close to 90% of Pre-Pandemic Levels

International tourism is on track to recover almost 90% of pre-pandemic levels by the end of this year. According to the latest data from the World Tourism Organization (UNWTO), an estimated 975 million tourists travelled internationally between Jan...

United Nations World Tourism Organization (UNWTO)
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Markets & Performance
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International Tourism to End 2023 Close to 90% of Pre-Pandemic Levels30 November 2023UNWTONational & International Policy
International Tourism to End 2023 Close to 90% of Pre-Pandemic Levels
Performance

Hotels poised for strong holiday season fueled by business travel uptick

The business outlook for hotels remains strong for the remainder of 2023 thanks to an uptick in business travel and a healthy preference among business and leisure travelers to stay in hotels.

American Hotel & Lodging Association (AHLA)
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Business Travel
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Consumer Trends
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Markets & Performance
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National & International Policy
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Hotels poised for strong holiday season fueled by business travel uptick17 November 2023AH&LANational & International Policy
Hotels poised for strong holiday season fueled by business travel uptick
Performance

New report shows how Travel & Tourism in Africa could boost continent’s economy by US$168BN over the next 10 years

At its Global Summit in Kigali today, the World Travel & Tourism Council (WTTC), in collaboration with VFS Global, revealed that the African Travel & Tourism sector could add US$168BN to the continent’s economy and create over 18 million new jobs.

World Travel & Tourism Council (WTTC)
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New report shows how Travel & Tourism in Africa could boost continent’s economy by US$168BN over the next 10 years 3 November 2023WTTCNational & International Policy
New report shows how Travel & Tourism in Africa could boost continent’s economy by US$168BN over the next 10 years
Performance

International Tourism Swiftly Overcoming Pandemic Downturn

International tourism has continued to recover from the worst crisis in its history as arrival numbers reached 84% of pre-pandemic levels between January and July 2023, according to the latest data from UNWTO. The Middle East, Europe and Africa lead...

United Nations World Tourism Organization (UNWTO)
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International Tourism Swiftly Overcoming Pandemic Downturn19 September 2023UNWTONational & International Policy
International Tourism Swiftly Overcoming Pandemic Downturn