Travel and Tourism at a Turning Point 2025
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At subnational levels, significant variation exists
in visitor intensities. Cities such as Doha, Dublin
or Lima concentrate more than 60% of their
countries’ T&T GDP contribution.7 Despite being
among the most visited cities globally, T&T direct
GDP contribution in major hubs such as Paris,
Tokyo or Mexico City does not exceed 4% of the
city’s GDP and can be as low as 1%.8 This uneven
distribution creates both focused opportunities and
concentrated challenges. For example, in Thailand,
the provinces of Phuket and Chonburi capture
more than 40% of the country’s tourism revenue,9
with Phuket reaching visitor-to-resident ratios of
118:1, creating infrastructural and environmental
challenges.10 Meanwhile, the north-east region
of Isaan, which occupies nearly one-third of the
country’s total population, has historically been
one of the least visited areas. This imbalance
creates challenges for both. Over-visited areas
face resource strains while the under-visited region
seeks economic development opportunities. In fact, tourism authorities in Thailand recently defined the
latter as a new focal point for tourism growth.11
New realities emerging as a
result of the COVID-19 pandemic
The COVID-19 pandemic shook the sector, with global
T&T GDP contracting from $10.3 trillion in 2019 to
$5.3 trillion in 2020 – a decline of almost 50%.12 This
period also accelerated innovation and prompted a
strategic reassessment. Recovery, while uneven, has
been steady, with global T&T GDP surpassing 2019
levels in 2024.13 The main developments include:
–Varied recovery patterns: Some regions
recovered faster than others. By the end of
2023 the Middle East and western and southern
Europe exceeded 2019 levels while Asia Pacific
remained 44% below.14T&T GDP direct contribution and growth by country FIGURE 1
Notes: 1. 2022 GDP direct contribution;
2. Annualized real growth adjusted for inflation.
Source: WWTC5 and UN Tourism6
Travel and Tourism at a Turning Point: Principles for Transformative Growth
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T&T direct GDP growth (2023–2033)2T&T direct GDP contribution (%)
6 5 4.5 4 3.5 3 2.5 2 1.5 0 6.5 7 8 8.5 99.5 10 11 13.5 16.5Tourism-centric economies
Emerging tourism destinationsDiversified
economies
GermanyUKItaly
BrazilAruba
Bahamas
JamaicaCroatia
Greece
EgyptMexico
China¹Macau SAR,
China
Saint Lucia
Montenegro
IcelandMauritiusAntigua and BarbudaSeychelles
Portugal
Philippines
Thailand
Sri Lanka
MyanmarHong Kong SAR,ChinaGuyanaMongoliaJordan
Costa Rica
ParaguayCzechiaTunisia
Saudi Arabia
OmanMaltaPuerto RicoEl Salvador
Morocco Türkiye
Albania
Poland
South Korea IsraelBangladeshSpain
Belgium
USA
RomaniaJapanNepalEswatiniAnnual growth, % of country’s GDP ,1 size = T&T GPD – $ billions
(Non-exhaustive)
Non-G20 G20 T&T GDP = $10 billion
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