The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed an unprecedented year for Saudi Arabia's Travel & Tourism sector, marked by record-breaking contributions to GDP
Julia Simpson, President & CEO of WTTC, underscored the sector's monumental impact, employing 18 million Americans and fortifying the economy by nearly $2.4 trillion. She emphasized the need for government support to address visa processing, border queues, and staffing issues, crucial ahead of major events like the FIFA World Cup and the Olympics.
Julia Simpson, President, and CEO of WTTC, said: "As we navigate the ever-changing landscape of Travel & Tourism, AI emerges as a catalyst for positive change.
In a significant development for the global Travel & Tourism sector, the World Travel & Tourism Council (WTTC) and the Sustainable Tourism Global Center (STGC), launched by the Ministry of Tourism of
Gloria Guevara, WTTC President & CEO, said: “The G20’s proven record, which powered the recovery following the financial crisis in 2008, and the recent decisive action to freeze debt proves this forum is the best platform with the speed and agility needed, to drive forward the urgent actions required to set the pace and save the global Travel & Tourism sector and enable it to survive and thrive.
