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Bangkok Post
Bangkok Post
World

Global tourism to recover from Covid-19 pandemic by 2023

Pandemic WTTC Covid-19 World Travel and Tourism Council GDP
Bang Saen beach in Chon Buri is crowded with holidaymakers enjoying the long Songkran festival weekend, from April 13 - 17. (Photo: Pattarapong Chatpattarasill)

The global travel and tourism sectors are projected to return to pre-pandemic levels in 2023 and grow at a rate that will outpace global gross domestic product (GDP) growth, the World Travel and Tourism Council (WTTC) said on Thursday.

The industry is expected to post an annual average growth rate of 5.8% from 2022 to 2032 versus the 2.7% increase in global GDP, and create 126 million new jobs, WTTC said in a report released during the industry group's conference in Manila, the Philippines.

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