Interview with WTTC CEO, David Scowsill. The global Travel & Tourism industry will grow more slowly in 2011 and 2012 than previously indicated, according to the World Travel & Tourism Council (WTTC). WTTC's annual research, published in March 2011, forecast growth of 4.5% and 5.1% in 2011 and 2012 respectively. Following the deterioration in global financial conditions in the second half of 2011, the continuing eurozone debt crisis, and the threat of a return to recession in the United States, the growth forecasts for 2011 and 2012 have been downgraded to 3.2% and 3.3% respectively. The numbers measure direct contribution to GDP.

About WTTC

The World Travel & Tourism Council (WTTC) represents the global Travel & Tourism private sector. Members include 200 CEOs, Chairs and Presidents of the world's leading travel & tourism companies from all geographies covering all industries. For more than 30 years, WTTC has been committed to maximising the inclusive and sustainable growth potential of the Travel & Tourism sector by partnering with governments, destinations, communities, and other stakeholders to drive economic development, create jobs, reduce poverty and foster peace, security, and understanding in our world.

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