Asia Pacific Travel & Tourism Sector Set to Recover by Nearly 40%, Reveals WTTC Report

WTTC | November 19, 2021

London, UK – November 19, 2021 – New research from the World Travel & Tourism Council (WTTC) reveals the recovery of the Asia Pacific Travel & Tourism sector 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 Travel & Tourism sector’s contribution to GDP represented more than US$ 3 trillion (9.9% of the region’s economy). 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 Travel & Tourism sector to the region’s economy....