{"id":6230,"date":"2023-07-01T23:49:31","date_gmt":"2023-07-01T23:49:31","guid":{"rendered":"https:\/\/travelcommunication.net\/?p=32151"},"modified":"2023-07-01T23:49:31","modified_gmt":"2023-07-01T23:49:31","slug":"more-than-1-6mn-tourism-jobs-to-be-created-in-india","status":"publish","type":"post","link":"https:\/\/www.travelindex.org\/media\/global-travel-news\/more-than-1-6mn-tourism-jobs-to-be-created-in-india\/","title":{"rendered":"More than 1.6MN Tourism Jobs to Be Created in India"},"content":{"rendered":"\n

\"More<\/a>Goa, India, July 1, 2023 \/ TRAVELINDEX \/ The World Travel & Tourism Council\u2019s (WTTC) 2023 Economic Impact Research (EIR) today reveals India\u2019s Travel & Tourism sector is in strong recovery and will be within touching distance of the pre-pandemic peak this year.<\/p>\n

Speaking today to Ministers at the G20 Summit in India, Julia Simpson, WTTC President & CEO, highlighted the sector\u2019s resilience, growing at twice the rate of GDP not only in India, but across all G20 nations.<\/p>\n

WTTC research forecasts Travel & Tourism contributing INR 16.5TN to the Indian economy this year, just 3.5% below 2019.<\/p>\n

The sector is forecast to create over 1.6MN more jobs this year, recovering almost all of the jobs lost due to the COVID-19 pandemic to reach almost 39MN, with around one in 13 workers in India in the Travel & Tourism sector.<\/p>\n

International visitor spend in India is forecast to reach more than INR 2TN with domestic visitor spend forecast to reach more than INR 12.6TN.<\/p>\n

Julia Simpson, WTTC President & CEO, said: \u201cThe G20 Presidency provides India with the opportunity to highlight the economic and social value of Travel & Tourism, at a critical moment for the global economy.<\/p>\n

\u201cMinister Reddy has shown great leadership, rallying the G20 Ministers under the Goa Roadmap, showing the world that Travel & Tourism boosts economies whilst meeting the UN Sustainable Development Goals.<\/p>\n

\u201cTravel & Tourism creates great job opportunities, providing exciting career opportunities for young people to be part of sustainable tourism under Travel for Life. WTTC has brought a panel of private sector leaders to the G20 to talk candidly about the opportunities and challenges facing the sector.<\/p>\n

\u201cGrowth will be double GDP, but we need governments to focus on reliable energy and sustainable aviation fuel production\u201d.<\/p>\n

A look back on last year<\/strong><\/p>\n

Last year, the sector\u2019s GDP contribution grew by almost 90% to reach more than INR 15.6TN, representing 5.9% of the economy, edging closer to the 2019 high of 7% of the economy.<\/p>\n

The sector also created 14.6MN more jobs in 2022 to reach 37.2MN jobs nationally \u2013 one in 13 jobs across India.<\/p>\n

Last year also saw a 125% increase in international visitor spending in India, reach more than INR 1.6TN.<\/p>\n

Domestic visitor spend grew 86% last year to reach more than INR 12.3TN. It is now just 1% behind pre-pandemic levels.<\/p>\n

What does the next decade look like?<\/strong><\/p>\n

The global tourism body is forecasting that the sector will grow its GDP contribution to INR 36.8TN by 2033, approximately 7% of the Indian economy and will employ over 58.2MN people across the country, with one in 10 working in the sector.<\/p>\n

Asia-Pacific<\/strong><\/p>\n

In 2022, the Asia-Pacific Travel & Tourism sector contributed USD $1.6TN to the regional economy, but this is still 50% behind the 2019 peak. WTTC forecasts the region\u2019s GDP contribution from the sector will reach more than USD $2.6TN in 2023 \u2013 just 16% below the 2019 highpoint.<\/p>\n

The sector employed over 155MN people across the region in 2022, an increase of 8.7MN from the previous year but still 15% behind pre-pandemic levels. WTTC forecasts the sector will fully recover the jobs lost during the pandemic by the end of 2024.<\/p>\n

First published at TravelCommunication.net<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Goa, India, July 1, 2023 \/ TRAVELINDEX \/ The World Travel & Tourism Council\u2019s (WTTC) 2023 Economic Impact Research (EIR) today reveals India\u2019s Travel & Tourism sector is in strong recovery and will be within touching distance of the pre-pandemic peak this year. Speaking today to Ministers at the G20 Summit in India, Julia Simpson, …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[1924,43,1925],"class_list":["post-6230","post","type-post","status-publish","format-standard","hentry","category-global-travel-news","tag-corporate","tag-global-travel-news","tag-latest-travel-news"],"_links":{"self":[{"href":"https:\/\/www.travelindex.org\/media\/wp-json\/wp\/v2\/posts\/6230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.travelindex.org\/media\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.travelindex.org\/media\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.travelindex.org\/media\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.travelindex.org\/media\/wp-json\/wp\/v2\/comments?post=6230"}],"version-history":[{"count":0,"href":"https:\/\/www.travelindex.org\/media\/wp-json\/wp\/v2\/posts\/6230\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.travelindex.org\/media\/wp-json\/wp\/v2\/media?parent=6230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.travelindex.org\/media\/wp-json\/wp\/v2\/categories?post=6230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.travelindex.org\/media\/wp-json\/wp\/v2\/tags?post=6230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}