Two travel tech startups announced fundraises over the past week totaling more than $203 million.
Sustainable Tourism Global Center and WTTC Unveil Pioneering Global Research on Travel & Tourism
29.10.2023 - 05:49 / breakingtravelnews.com / Julia Simpson / Ahmed Al-Khateeb / Gloria Guevara
In a defining moment for the global Travel & Tourism sector, the World Travel & Tourism Council (WTTC) and the Sustainable Tourism Global Center (STGC) initiated by the Ministry of Tourism of Saudi Arabia today released the latest industry-shaping Environmental Impact Research data.
Last year, during the WTTC Global Summit in Riyadh, the two organizations launched the collaboration and unveiled the inaugural results including the sector’s accurate greenhouse gas emissions for the first time ever.
This represents the most comprehensive environmental data in Travel & Tourism’s history.
H.E. Ahmed Al Khateeb, Minister of Tourism of Saudi Arabia, said:
“We welcome this joint report initiated by the Ministry of Tourism of Saudi Arabia, and WTTC, as an invaluable resource for decision makers around the world. It provides vital insights and unique impactful environmental research into how Travel & Tourism has both an influence on climate change and how it is affected by it.
ADVERTISEMENT
“Our research highlights the consistent decline of emissions intensity of Travel & Tourism over the last decade. Whilst the sector’s GDP growth averaged 4.3% annually, emissions only grew by 2.5% annually between 2010-2019 Still, the continued commitment to achieve net zero emissions for the Travel and Tourism sector has never been more important.
“We firmly believe Travel & Tourism is part of the solution and that is why Saudi Arabia has taken a leading role to accelerate and track this change to promote sustainability across the sector, protect nature and support communities.”
Today’s launch not only tells the sector’s direct impact, but also its supply chain impacts, both within national borders and those that are embedded in Travel & Tourism’s international supply chains.
The groundbreaking ER data covers 185 countries across all regions and will be updated each year with the latest figures.
Building upon WTTC’s world-renowned Economic Impact Research, this initiative introduces individualized factsheets for each country and major global regions, and a dedicated microsite allowing users to explore the data in detail.
Julia Simpson, WTTC President & CEO said: “Today marks a pivotal moment for the global Travel & Tourism sector. Through this data, we are highlighting the sector’s multi-dimensional impact — economically, environmentally, and societally.
“We’re talking about a vision that sees beyond tourism and leans into its sustainable future. With this data, we are not just reflecting on where we are now, but actively charting our course for a future where the sector progressively reduces its environmental footprint and boosts its social impact.”
H.E. Gloria Guevara, Chief Special Advisor of the Minister of Tourism
The website maxtravelz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Autors
Popular Topics
travelpulse.com
14.11.2023 / 20:57
Global Air Travel Demand Remains High
The strong post-pandemic air travel boom continued across the globe this September, according to research conducted by the International Air Transport Association (IATA), published November 9.
breakingtravelnews.com
10.11.2023 / 06:55
WTTC first-of-a-kind report reveals DEIB efforts in Travel & Tourism
The World Travel & Tourism Council (WTTC) has unveiled its first-ever global Travel & Tourism report focussing on Diversity, Equity, Inclusion and Belonging (DEIB) during its Global Summit, taking place in Kigali. The report “Creating Belonging: Diversity, Equity, Inclusion & Belonging in Travel & Tourism” is the result of a collaboration between WTTC and HospitableMe, a global leader in inclusive hospitality.
breakingtravelnews.com
08.11.2023 / 07:35
The Balearic Islands Government Provides Insight Into Its New Tourism Strategy At WTM
At a press conference during World Travel Market 2023, the newly elected President of the Balearic Islands, Marga Prohens, together with the new Minister of Tourism for the Balearic Islands, Jaume Bauza Mayol, unveiled the future tourism strategy for the archipelago (which comprises of Mallorca, Menorca, Ibiza and Formentera).
euronews.com
08.11.2023 / 00:43
Overtourism, climate crisis and COVID bounceback: The hot topics as the industry gathers at WTM
Extreme weather events, high interest and geopolitical uncertainty are just some of the new headwinds facing the travel industry today.
breakingtravelnews.com
07.11.2023 / 15:41
Ras Al Khaimah Tourism Development Authority and OMRAN Group Forge Strategic Partnership
Ras Al Khaimah Tourism Development Authority (RAKTDA) and Oman Tourism Development Company (OMRAN Group) signed a Memorandum of Understanding (MoU) today to collectively initiate and pursue cross-destination tourism promotion and marketing initiatives between the Musandam Governorate, Sultanate of Oman and the Emirate of Ras Al Khaimah, United Arab Emirates.
forbes.com
07.11.2023 / 12:11
Discover These Top 10 Sustainable Winter Activities In Finland
If you really want to experience the true magic of winter then head to Finland's Lakeland region. When the cold season strikes the region it transforms into a entrancing winter wonderland. The air turns crisp, the land is blanketed in snow, and silence reigns. Enjoy the beauty of icy crystals and the comfort of a warm fire in a cabin, shared with good company. From embracing the calm of a night devoid of light pollution, to ice fishing and electric snow scooter rides, this region offers a unique winter adventure for every traveler. Here’s a selection of 10 of the best sustainable experiences to help you explore Lakeland like a local during the winter months.
breakingtravelnews.com
07.11.2023 / 08:41
Red Sea Global reveals in-house managed brand, Shebara
Red Sea Global (RSG) has said it will operate its own luxury hotel brand at The Red Sea destination, Shebara. The hospitality destination is expected to open in summer 2024 and is expected to be the first resort to be owned and operated by RSG at The Red Sea destination. Taking shape at Sheybarah Island in the Al Wajh Lagoon, the resort is home to stainless steel orbs, and is now actively recruiting a world-class operational team ahead of opening.
breakingtravelnews.com
06.11.2023 / 17:06
WTM Global Report: tourists abandon sun loungers in favour of new experiences
Research from World Travel Market London 2023, the world’s most influential travel & tourism event, has revealed that more holidaymakers are abandoning their sun loungers in favour of nature, foodie and wellness experiences.
breakingtravelnews.com
06.11.2023 / 17:06
WTTC Heads Down Under for 2024 Global Summit
During the closing session of the World Travel & Tourism Council’s (WTTC) Global Summit in Kigali, Western Australia was announced as the host for 2024, marking the first time the event will visit Oceania. The 24th Global Summit will be taking place in Perth in late 2024, in partnership with Tourism Western Australia.
breakingtravelnews.com
06.11.2023 / 17:05
WTM Global Report: Domestic tourism leading Africa’s post-pandemic recovery
Major destinations and source markets across Africa are expected to end 2023 ahead of pre-pandemic values in terms of value, with domestic tourism performing strongly, reveals new research published today. The WTM Global Travel Report, in association with Tourism Economics, is published to mark the opening of this year’s WTM London, the world’s most influential travel and tourism event.
breakingtravelnews.com
06.11.2023 / 17:05
Majorca to unveil new strategy for managing tourism
A new strategy for managing tourism on Majorca is to be unveiled this week during World Travel Market.