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WTTC works to raise awareness of Travel & Tourism as one of the world's largest economic sectors, supporting one in 10 jobs (319 million) worldwide and generating 10.4% (US$8.8 trillion) of world GDP. In 2018, the Travel & Tourism industry also experienced 3.9% growth, compared to the global economy (3.2%). One in five new jobs were created by the industry over the last five years.
For nearly 30 years, WTTC has spearheaded the global analysis of the economic importance of Travel & Tourism across 185 countries, and are the only global organisation that studies and publishes research on the sector’s direct, indirect, and induced impact at a national, regional and global level on jobs, GDP, and trade and investment. Our research programme, in partnership with Oxford Economics, forms the backbone of our mission and is unrivalled in the sector.
Further in-depth research is available to WTTC Member Companies upon request. Please contact firstname.lastname@example.org for further information.
Why conduct research?
From the outset, our Members realised that hard economic facts were needed to help governments and policy makers truly understand the potential of Travel & Tourism. Measuring the size and growth of Travel & Tourism and its contribution to society therefore plays a vital part in underpinning WTTC’s work.
What research does WTTC carry out?
Each year WTTC produces reports covering the economic contribution of our sector in 185 countries, for 25 economic and geographic regions, and for more than 70 cities. We also benchmark Travel & Tourism against other economic sectors and analyse the impact of government policies affecting the sector such as jobs and visa facilitation.