Tag: WTTC report

According to World Travel & Tourism Council (WTTC), travel & tourism in 2017 in India supported 41 million jobs and is expected to rise to 43 million in 2018, and a further 53 million in 2028. India will add around 10 million jobs in the travel and tourism sector by 2028 said the WTTC report. India is currently the seventh largest travel and tourism economy in the world. Overall, the total contribution of the sector to the economy was Rs 15.2 trillion ($ 234 billion) in 2017 after taking direct, indirect and induced benefits are taken in to account. WTTC’s annual ... Read more

WTTC’s annual Economic Impact Research shows that Travel & Tourism was responsible for the creation of 7 million new jobs worldwide. The report also shows that 2017 was a bumper year for the global Travel & Tourism sector, which grew at 4.6 per cent, 50 per cent faster than the global economy as a whole (3 per cent growth during 2017). “Travel & Tourism creates jobs, drives economic growth and helps build better societies. Our research shows that our sector was responsible for the creation of one in five of all jobs globally. In the last few years, Governments around ... Read more