Hainan Province, China was the venue for WTTC's 14th annual Global Summit. on 24-25 April 2014.
China was the world's second largest tourism economy, in terms of total contribution to GDP, in 2012 - but by 2023 it will have become the world's largest tourism economy, displacing the USA. Speaking at the Press Conference to launch the Global Summit, David Scowsill, WTTC President & CEO, said: "Following our successful summit in Beijing on 2010, we are coming to China again as it is a major driver of the global growth of our industry. Our economic research forecasts that China will overtake the United States to be the biggest Travel & Tourism economy in the world by 2023. It is also fitting that we are in Hainan, China’s only tropical island province and largest special economic zone. According to the WTTC report, Hainan has the potential to become a world-class tourism destination by 2020." Read more here.
Hainan is China's southernmost province. Hainan island itself, where The Global Summit took place, is a tropical island about the size of Belgium, with an emergent and thriving tourism industry. In 2011, World Travel & Tourism Council's research department was commissioned by the Government of Hainan Province to produce a special report on the development of tourism in the province - a copy of which can be downloaded here.