growth forecast
Air
IATA: Global air passenger demand could more than double by 2050
The International Air Transport Association (IATA) released its Long‑Term Demand Projections (LTDP) for air travel, showing that global air passenger demand is expected to more than double by 2050.
Annual Reports
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.
Air
ATM: Middle Eastern travel spending to hit US$350 billion by 2030
The Arabian Travel Market (ATM) has released its 2025 Travel Trends Report done in collaboration with Tourism Economics.
Air
IATA: global air cargo sector saw significant growth in 2024
The International Air Transport Association (IATA) released data for full year 2024 and December 2024 global air cargo market performance.
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- Indonesia expands tourism footprint beyond Bali as government targets ‘under-visited’ provinces
- Tourism firms retool value propositions as safety outpaces price for solo female travelers
- Cruise industry faces hygiene scrutiny amid rising viral threats
- Mother’s Day gets extra-special at Novotel Manila Araneta City and ibis Styles Manila Araneta City
- Knighthood Global’s James Hogan to address attendees aboard WTTC Global Leadership Cruise
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