Thursday, July 7, 2022
The travel and tourism sector was one of the hardest hit by the COVID-19 pandemic, leaving not only companies but also tourism-driven economies severely affected by shutdowns, travel restrictions and the disappearance of international travel.
In 2020 alone, the sector lost $4.5 trillion and 62 million jobs, impacting the living standards and well-being of communities across the globe.
Moreover, the halt in international travel gave both leisure and business travellers the chance to consider the impact of their choices on the climate and environment.
Amid shifting demand dynamics and future opportunities and risks, a more inclusive, sustainable and resilient travel and tourism sector can be – and needs to be – built.
The World Economic Forum’s Travel & Tourism Development Index 2021 finds that embedding inclusivity, sustainability and resilience into the travel and tourism sector as it recovers, will ensure it can continue to be a driver of global connectivity, peace and economic and social progress.
In this regard, Sandra Carvao, Chief of Market Intelligence and Competitiveness at the United Nations World Tourism Organization (UNWTO), and Liz Ortiguera, CEO of the Pacific Asia Travel Association in Thailand (PATA), were asked to highlight some of the key areas of risk and opportunity in the sector during an episode of the World Economic Forum’s Our World in Transformation series.
Monday, April 29, 2024
Sunday, April 28, 2024
Monday, April 29, 2024
