Global Tourism Projected to Reach $16 Trillion by 2034, Calls for Sustainable Growth

The World Travel & Tourism Council (WTTC) projects global tourism to contribute a staggering $16 trillion to global GDP by 2034, representing over 11% of the total world economy. This immense growth, with an estimated 30 billion trips annually, necessitates a strong focus on sustainable strategies to mitigate environmental and social impacts. The report underscores the dual challenge of capitalizing on economic opportunity while ensuring responsible development.