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2026 Growth Projections
Comparison between tourism sector growth and global economic growth.
Primary Sources
Travel & tourism growth to outpace global economy
The World Travel & Tourism Council (WTTC) has projected that the global Travel & Tourism sector will grow 1.5 times faster than the wider economy over the next decade. According to the latest Economic Impact Research, sponsored by Chase Travel, the sector is expected to contribute $12 trillion to the global economy and support 376 million jobs by 2026. The WTTC's research indicates that the sector will grow at an annual rate of 3.6%, significantly outpacing the global economic growth forecast of 2.4%. This growth is expected to result in nearly 89 million new jobs worldwide, accounting for about one-third of all new jobs across the global economy. In Europe, the Travel & Tourism sector is anticipated to grow by 3.6% in 2026, far exceeding the region's overall economic growth of just 1%. Spain is highlighted as a standout performer, with a forecasted growth of 3.7% in its Travel & Tourism sector and a 5.3% increase in international visitor spending. Gloria Guevara, President & CEO of WTTC, stated, “Travel & Tourism continues to prove its resilience across Europe and remains one of the region’s most important economic growth engines at a time when wider economic expansion is slowing.” The WTTC emphasises the importance of investment in smart infrastructure, digital innovation, and sustainable destination management to sustain this growth. The role of AI and new technologies is also noted as crucial in enhancing traveller experience and operational efficiency. As the sector continues to thrive, maintaining competitiveness and ensuring seamless travel will be vital for sustaining its momentum This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.
Economic Impact Research 2026 | World Travel & Tourism Council
Travel & Tourism is forecast to grow 1.5x faster than the global economy over the next decade, according to new World Travel & Tourism Council Economic ...
Global Travel & Tourism is forecast to continue outpacing wider ...
Global Travel & Tourism is forecast to continue outpacing wider economic growth in 2026, with the sector expected to contribute $12TN to the world...
Global travel and tourism to contribute $12tn to economy in 2026
Travel and tourism is also expected to support 376 million jobs worldwide in 2026, representing one in nine jobs globally.
