Travel Powered by Booking.com Supported €691 Billion in Economic Activity Across Europe in 2025
Oxford Economics research finds Booking.com-facilitated travel supported €691B in economic activity, 4.7M jobs, and €175B in wages across Europe in 2025.
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Accor and Shoreline Group sign Letter of Intent to develop Nigeria's first national hotel platform
Shoreline Group will invest $300 million to develop 10 hotels with 1,200+ rooms across eight Nigerian cities by 2030, creating 1,000 jobs.
Global Travel & Tourism Growth to Outpace Wider Economy by 1.5 Times Over the Next Decade
WTTC data shows travel and tourism will contribute $12TN globally in 2026, growing 3.2% versus 2.4% for the broader economy, with Spain leading European markets.
New Report: New Orleans Hotel Industry Generates Nearly $9 Billion in Economic Impact, Supports More than 51,000 Louisiana Jobs
Oxford Economics study shows New Orleans hotels drove $9B economic impact, supported 51K jobs, and contributed $1.2B in taxes during 2025.
Travel & Tourism Sees Best Year Ever and Emerges as the World’s Fastest Growing Sector, Outpacing the Global Economy in 2025
Travel tourism generated $11.6 trillion globally in 2025 (9.8% of GDP) while creating 1 in 3 new jobs, with Asia-Pacific leading at 8.1% growth versus North America's 1.0%.
WTTC’s “Cruising for Impact” Report Highlights the Positive Impact of Cruise Tourism for Communities Worldwide
The industry contributed $98.5 billion to global GDP and supported 1.8 million jobs in 2024, with over 60% of cruise passengers returning to destinations.