Source: World Economic Forum (video statements)
The global travel and tourism sector has bounced back in recent years, with experts predicting it will generate $16.5 trillion in GDP by 2035.
But recent geopolitical and economic uncertainties are just some of the challenges the sector faces, in addition to rising friction between locals and visitors, and skills and talent shortages, which all place pressure on cities, infrastructure and local communities. Here are 7 urgent factors shaping how destinations and cities manage visitor growth.
The World Economic Forum, in partnership with the Ministry of Tourism of Saudi Arabia and in collaboration with Kearney, has announced the launch of Beyond Tourism Impact Stars, to recognize and scale business-led solutions to the most pressing challenges facing the travel and tourism industry.
The World Economic Forum is the International Organization for Public-Private Cooperation. It provides a global, impartial and not-for-profit platform for meaningful connection between stakeholders to establish trust, and build initiatives for cooperation and progress.
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