Indigenous Tourism set to contribute $67 Billion to global economy by 2034, WTTC reports

In a significant highlight from the recent World Travel and Tourism Council (WTTC) summit, it was announced that Indigenous tourism is poised to inject a staggering $67 billion into the global economy by 2034. This growth presents an exciting opportunity for the sector, particularly in Oceania, where strategic investments could position the region as a global leader in sustainable travel.

Indigenous tourism is defined as travel that immerses visitors in the traditions, cultures, and experiences of Indigenous communities. This form of tourism not only supports economic growth but also promotes cultural preservation and environmental sustainability. The WTTC’s findings emphasize the transformative potential of Oceania—encompassing Australasia, Melanesia, Micronesia, and Polynesia—if the right strategies and investments are implemented.

Recent discussions at the summit underscored the need for innovative solutions in addressing sustainable hospitality challenges. Talented students showcased their next-generation ideas, suggesting that the future of hospitality must integrate sustainability at its core.

In a related Environmental and Social Research report developed in partnership with Saudi Arabia’s Ministry of Tourism, the WTTC revealed an encouraging trend: in 2023, the travel and tourism sector accounted for 6.7 percent of global emissions, a notable decrease from 7.8 percent in 2019. This indicates that while the sector continues to grow economically, its environmental impact is diminishing, showcasing a commitment to sustainable development.

High-profile discussions at the summit also highlighted urgent global environmental issues, featuring notable figures such as former US Secretary of State John Kerry and Australian conservationist Robert Irwin. Their insights reinforced the vital role that tourism can play in addressing pressing ecological challenges.

Looking ahead, the WTTC announced that the 25th WTTC Global Summit is set to take place in Rome next year, promising further discussions on sustainable tourism and the industry’s future trajectory.

You Might Also Like...

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments