International tourist arrivals and the travel and tourism sector's contribution to global GDP are expected to return to pre-pandemic levels this year, driven by the complete lifting of Covid-19-related travel restrictions and strong pent-up demand, as per the new World Economic Forum travel and tourism study, released on Tuesday. This year marks a turning point for the travel and tourism sector, which we know has the capacity to unlock growth and serve communities through economic and social transformation," said Francisco Betti, Head of the Global Industries team at the World Economic Forum. The global tourism industry is expected to recover from the lows of the Covid-19 pandemic and surpass the levels seen before the crisis. While 71 of the 119 ranked economies increased their index scores since 2019. The results highlight that high-income economies generally continue to have more favourable conditions for travel and tourism development.
Source: The North Africa Journal May 21, 2024 09:30 UTC