Economic Impact Research
Travel & tourism growth to outpace global economy
Travel & tourism growth to outpace global economy
WTTC: visitor spend in Indonesia could hit a record high this year
New data from the World Travel & Tourism Council (WTTC) revealed that international traveller spending in Indonesia is on track to break all records this year.
WTTC: Tourism contributions to Philippine economy to rise by 13.5 percent
In its recently released Economic Impact Research (EIR) report for 2025, the World Travel and Tourism Council (WTTC) forecast that the Philippine tourism sector’s contribution to the national economy will rise by 13,5 percent this year.
WTTC: foreign visitor spending in India hits an all-time high
A new report from the World Travel & Tourism Council (WTTC) shows that spending on the part of foreign travellers to India hit a record high of US$36.8 billion as of end-2024.
Travel & Tourism sector now worth more than quarter of a trillion sterling, says WTTC
The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) reveals the UK Travel & Tourism sector is forecast to exceed the 2019 peak this year.
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