WTTC predicts next decade of growth
World Travel & Tourism Council research suggests that global travel & tourism will continue to grow at a steady annual rate of 4.2% over the next decade.
But WTTC president Jean-Claude Baumgarten warned that the industry faced new and immediate challenges
He said: “It is time to ask ourselves whether the industry is ready to manage this growth, are the conditions in place for this growth to generate wide prosperity; or will opportunities be squandered and tensions mount because barriers are allowed to persist; and is growth to be pursued purely for profit, or is the travel and tourism sector capable of acting as responsible world citizens, balancing business needs with cultural, social and environmental factors?”
He was speaking in advance of the organisation’s global travel and tourism summit in Lisbon on May 10-12 under the theme Breaking Barriers, Managing Growth.
Speakers confirmed include Travelport CEO Jeff Clarke, easyJet founder Sir Stelios Haji-Ioannou, Expedia CEO Dara Khosrowshahi, Kuoni CEO Armin Meier and VisitBritian chairman Christopher Rodrigues
The WTTC has created an interactive web channel where members and speakers will put forward their ideas and opinions on all industry matters. Members of the public are invited to comment.
by Phil Davies
Phil Davies
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