Travel and Tourism at a Turning Point 2025

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49. Airbnb. (2024, April 3). Travel on Airbnb generated $85B in economic activity in the US. https://news.airbnb.com/travel- on-airbnb-generated-85b-in-economic-activity-in-the-us/ 50. Barron, K., King, E., & Proserpio, D. (2019, April 17). When Airbnb listings in a city increase, so do rent prices. Harvard Business Review. https://hbr.org/2019/04/research-when-airbnb-listings-in-a-city-increase-so-do-rent-prices 51. Barron, K., Kung, E., & Proserpio, D. (2020). The effect of home-sharing on house prices and rents: Evidence from Airbnb. SSRN. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3006832 52. Euromonitor International. (2024). Most visited cities in the world 2023. https://wptravel.io/most-visited-cities-in-the-world/ 53. World Population Review. (2025). World cities: Population. https://worldpopulationreview.com/cities 54. U.S. Travel Association. (2020, March). US travel and tourism overview. https://www.ustravel.org/system/files/media_ root/document/Research_Fact-Sheet_US-Travel-and-Tourism-Overview.pdf/ 55. City of New York. (2024, December 20). Mayor Adams celebrates nearly 65 million visitors to NYC in 2024, second highest number of visitors in city history. https://www.nyc.gov/office-of-the-mayor/news/941-24/mayor-adams- celebrates-nearly-65-million-visitors-nyc-2024-second-highest-number-visitors 56. Kearney. (2024). In the mind of global travelers: How travelers’ evolving expectations are reshaping tourism. https://www.kearney.com/industry/transportation-travel/article/in-the-mind-of-global-travelers-how-travelers-evolving- expectations-are-reshaping-tourism 57. Ibid. 58. World Travel & Tourism Council. (2023). The environmental impact of global tourism. https://researchhub.wttc.org/ product/the-environmental-impact-of-global-tourism-2023 59. Ibid. 60. Resources for the Future. (2025, April 7). 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The environmental impact of global tourism. https://researchhub.wttc.org/ product/the-environmental-impact-of-global-tourism-2023 65. World Resources Institute. (2021, May 5). Building a sustainable coastal and marine tourism economy. https://www.wri. org/events/2021/5/building-sustainable-coastal-and-marine-tourism-economy 66. IUCN World Heritage Programme. (2020). 2020 conservation outlook. https://worldheritageoutlook.iucn.org/ 67. Muller, N., & King, N. (2021, April 23). Thailand’s plans to manage tourism at Maya Bay. DW. https://www.dw.com/en/ thailand-saving-a-beach-paradise-from-mass-tourism/a-57230396 68. US Bureau of Labor Statistics. (2025, April 11). Industry at glance – leisure and hospitality. https://www.bls.gov/iag/tgs/ iag70.htm 69. Bureau of Labor Statistics. (2024). CPI Inflation Calculator. https://data.bls.gov/cgi-bin/cpicalc.pl 70. Noela, M., & Fotiadis, A. (2022). Employee turnover: The hotel industry perspective. Journal of Tourism, Heritage & Services Marketing, 8(1). Econstor. https://www.econstor.eu/bitstream/10419/272316/1/8-1-4.pdf 71. Chartered Institute of Personnel and Development. (2024, June 11). Benchmarking employee turnover: What are the latest trends and insights? https://www.cipd.org/uk/views-and-insights/thought-leadership/cipd-voice/benchmarking- employee-turnover/#:~:text=As%20reported%20in%20the%20Labour,of%2018%25%20in%20early%202022 72. US Bureau of Labor Statistics. (2025, April 11). Industry at glance – leisure and hospitality. https://www.bls.gov/iag/tgs/ iag70.htm 73. OECD. (2024, July 8). OECD tourism trends and policies 2024. https://www.oecd.org/en/publications/oecd-tourism- trends-and-policies-2024_80885d8b-en/full-report.html 74. World Travel & Tourism Council. (2023). The social impact of tourism. https://wttc.org/social-impact 75. Ozdemir, O. (2021, June). TMT gender diversity in the hospitality industry: Insights regarding performance implications. Boston Hospitality Review. https://www.bu.edu/bhr/2021/05/31/tmt-gender-diversity-in-the-hospitality-industry-insights- regarding-performance-implications/ 76. International Labour Organization. (2022). Global estimates of modern slavery – forced labour and forced marriage. https://www.ilo.org/publications/major-publications/global-estimates-modern-slavery-forced-labour-and-forced-marriage Travel and Tourism at a Turning Point: Principles for Transformative Growth 42
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