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The Latest Breaking News from WTTC

Suez Canal summit: global tourism holds its breath

More than 300 world tourism leaders have gathered on an unprecedented Suez Canal cruise in Egypt to seek solutions to a crisis over the Iran war that threatens the summer with more expensive flights, route cuts and fewer flights due to fuel shortages.

Euronews

Cruise tourism boom boosts employment: One job for every 20 passengers

The cruise tourism sector is establishing itself as a global engine capable of generating millions of jobs and billions in economic activity.

Euronews

Tourism had a record-breaking 2025 everywhere but the U.S., report finds, as international visitor numbers plummet by the millions

Foreign tourists are big spenders for the U.S. economy. Even a World Cup might not be enough to bring all of them back.

Fortune

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‘America must be more welcoming’: Tourist visits to the US are falling, led by one country

China is rapidly gaining ground on America as the No.1 global tourism destination

The Independent UK

Cruising provides a £147bn global economic boost, report says

A study by the World Travel and Tourism Council has detailed the sector’s financial value

The Independent UK

Middle East crisis may divert millions of tourists to Europe

The blow to tourism in the Middle East and Gulf opens up both an opportunity and a risk for Europe.

Euronews

Iran war hits tourism across Middle East: How much could the region be losing?

The war in Iran is now inflicting heavy economic damage across the wider Middle East, with the region’s tourism and travel industry losing an estimated $600 million a day as airspace closures and security fears disrupt international travel.

The Times of India

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Iran war costing travel industry £450m per day – but ‘quick’ recovery predicted

Exclusive: Cheap tickets and connectivity will lure passengers back to Gulf airlines, say experts

The Independent UK

‘Real economic consequences’: US warned over ESTA visa changes

Research by the World Travel and Tourism Council reveals that the US risks losing 157,000 jobs and up to 4.7 million international tourists.

Euronews

Spain plans to focus on ‘quality over quantity’ as tourist numbers hit record high

Spain has struggled to balance tourism with local life, as residents complain of housing shortages and rising costs.

Euronews

London’s loss is Madrid’s gain as global tourism body abandons UK due to Brexit

Exclusive: World Travel and Tourism Council blames ‘challenges linked to Brexit, such as constraints on talent mobility’ for exit

The Independent UK

Major global travel and tourism group to quit London HQ and move to Europe because of Brexit

The World Travel and Tourism Council (WTTC) has become the latest major international institution to announce plans to close its doors on its headquarters in the UK

The Independent UK

Europe reaffirms its leadership in tourism and forecasts another record in 2025

The World Travel & Tourism Council Global Summit has returned to Europe for the first time since the COVID-19 pandemic.

Euronews

US is the only country facing tourism decline as Trump policies to cost $29 billion in visitor revenue: study

Study from World Travel & Tourism Council looked at the economic impact of tourism in 184 countries

The Independent UK

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International Business Times

US Set To Lose $12.5 Bn In Foreign Tourism In 2025: Industry

The United States is on track to lose some $12.5 billion in revenue from foreign tourists this year, a tourism industry group said Thursday, as the Trump administration has led a crackdown in immigrants.

The Independent UK

Tourists are cancelling trips to the US – here are three reasons why

International travel spending will fall 7 per cent this year, experts say

The Guardian - UK

Travel body accuses government of ‘sabotaging’ UK tourism industry

WTTC says 5.3% decline in tourist spend suggests policies such as increased air passenger duty have had impact

The Independent UK

Government accused of ‘sabotaging’ UK tourism industry after £2.2 billion shortfall

A report by the World Travel and Tourism Council found people visiting the UK spent £40.3 billion in 2024, down 5.3 per cent from 2019

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Evening Standard

Government accused of ‘sabotaging’ tourism with ‘barriers to travel’

A report by the World Travel and Tourism Council found people visiting the UK spent £40.3 billion in 2024.

Euronews

Europe must adapt to stay competitive in growing tourism market, sector leader warns

Travel and tourism are expected to continue growing in Europe, according to the World Travel & Tourism Council, which is calling for simplification of the bloc’s legislation to boost competitiveness.

Evening Standard

High taxes are putting tourists off from UK, ministers told

The World Travel and Tourism Council said the Government has ‘a unique opportunity to change the trajectory of travel and tourism’.

The Independent UK

UK warned high taxes are putting tourists off from visiting

It comes amid a warning that VisitBritain is ‘seriously underfunded’

Evening Standard

UK business travel set to reach record £68billion in 2024

The World Travel & Tourism Council projects UK business travel spending to surpass pre-pandemic levels, reaching a record £68billion next year

StockNews.com

Is Airbnb a Good Buy as Travel Demand Surges?

Airbnb (ABNB) reported solid first-quarter 2024 results that beat analysts’ estimates on the top and bottom lines but provided lackluster guidance for the second quarter. With the travel demand on the rise, is it wise to buy ABNB despite its weak guidance and high valuation? Read on to find out….

StockNews.com

3 Travel Stocks Expected to Deliver Strong Q2 Earnings

The travel industry’s long-term growth is fueled by supportive government initiatives, rising disposable income, and technological advances. Given the industry’s rosy outlook, quality travel stocks Expedia Group (EXPE), Norwegian Cruise Line (NCLH), and Travel + Leisure (TNL) with an upbeat Q2 earnings outlook appears promising. Keep reading.

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