Tourism Industry to Generate $7 Trillion This Year

Travel and tourism is expected to generate in excess of $7 trillion in 2007, rising to more than $13 trillion over the coming decade, according to the World Travel & Tourism Council's (WTTC) Tourism Satellite Account (TSA) research, sponsored by Accenture and prepared by Oxford Economics. The new TSA results show strong performance for the sector, growing at a rate of 3.9 percent. This forecast points to a mature but steady phase of growth in the short and medium term, averaging 4.3 percent per annum, between 2008 and 2017. The 2007 Tourism Satellite Accounting Research is available for download at [www.wttc.travel].

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Pivoting Back to Travel: Phase 4

Are you prepared to guide your clients through the “new normal” of travel? Join us December 15, 2020 from 1pm-2:20pm EST for Pivoting Back to Travel: Phase 4. The upcoming installment of our FREE virtual series will feature presentations from the Cayman Islands, Dominican Republic, and Seabourn on their most up-to-date travel procedures, health & safety protocols they’ve implemented to keep guests safe, activities that are open to visitors, what your clients need to know while on their trip and more! Visit www.pivotingbacktotravel to view the full agenda and register for your FREE pass.
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