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WTTC: Tourism industry in Asia Pacific set to recover by nearly 40%

14 days ago   |   By

New research from the World Travel and Tourism Council reveals the recovery of the Asia Pacific tourism industry has soared ahead of many regions in the world with a year on year growth of more than 36%.
Before the pandemic struck, Asia Pacific's tourism industry's contribution to GDP represented more than US$ 3 trillion .
After the pandemic brought international travel to an almost complete standstill, in 2020, Asia Pacific saw a hit of almost 54%, halving the contribution of the tourism industry to the region's economy.
However, according to the research and based on the current rate of...
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