Today during Annual General Meeting of the International Air Transport Association (IATA) in Sydney, the World Travel & Tourism Council (WTTC) presented the conclusions shared during the Tourism Ministers of the G20 Economies meeting in Buenos Aires. The report demonstrates that between seven and 19 million future jobs in the G20 countries can be created by the public and private sector working together on a Seamless Passenger experience.
IATA reported 4.1 billion passengers were flown in 2017, a new record, with a promising forecast to reach 7.8 billion passengers by 2036 worldwide. At the same time, the UNWTO anticipates a rise in international visitor arrivals from 1.3 billion in 2017 to 1.8 billion by 2030.
Travel & Tourism’s GDP grew 50% more than the world economy in 2017 at 4.6% and the projections indicate that Travel & Tourism will continue to outpace global economy growth in the future. The potential to double the number of air passengers and increase the number of travelers around the world offers a unique opportunity to create millions of jobs.
WTTC estimates that between 12% and 31% of all the future new jobs in Travel & Tourism across the G20 countries could be created by transitioning to a Seamless Passenger Journey and the use of technology and biometrics solutions, in addition to infrastructure investment. This includes making existing terminal facilities and processes more efficient, more secure and seamless which will result in between 7 million and 19 million jobs being created.
Gloria Guevara, President & CEO, WTTC, said “Travel & Tourism is the best partner for governments to create jobs. At present we contribute 10.4% of global GDP and 313 million jobs are supported by Travel & Tourism which is 1 in 10 jobs on the planet. One in every five jobs last year created in the world were in our sector, and millions more can be created if public and private sector continue working together.”
“Our report identifies that between seven and 19 million jobs can be created in Travel & Tourism across the G20 countries through timely investment in the appropriate infrastructure and by improving of existing processes. This includes new technology, particularly biometrics, which can help to maximise existing aviation infrastructure bringing benefits to passengers, airlines, airports, and border control agencies.”