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Construction Update May 18, 2022World Tourism Experts Converge in The Philippines
WORLD TOURISM EXPERTS CONVERGE IN THE PHILIPPINES
Tourism Ministers and business leaders joined together in a three-day summit in the Philippines recently for the latest World Travel & Tourism Council’s (WTTC) 21st Global Summit.
WTTC’s annual Global Summit is the most influential Travel & Tourism event where the different sectors aligned efforts to support recovery and move beyond to a safer, more resilient, inclusive, and sustainable future for the industry.
With this year’s theme, ‘Rediscovering Travel’, this high-level session explored how the sector will continue to adapt to COVID-19 and emerge resiliently from this pandemic.
Also present was Her Excellency, Bernadette Romulo-Puyat, Secretary, Philippines Department of Tourism.
ECONOMIC IMPACT REPORT GIVES WAY TO INCREASED TOURISM
The economic impact report released at the recent WTTC is a vital tool in equipping the various sectors with hard evidence on policymaking and investment decisions.
WTTC’s latest annual research shows that following a loss of almost US$4.9 trillion in 2020 (-50.4% decline), Travel & Tourism’s contribution increased by US$1 trillion (+21.7% rise) in 2021.
As for tourists coming into El Nido, there is an overwhelming influx of visitors with flights and hotels getting fully booked with the eased up restrictions.
Read More: https://wttc.org/Research/Economic-Impact
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