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Travel sector may only recover 'by a third' this year, says WTTC

Data
Will Payne
13 October 2021

The World Travel & Tourism Council (WTTC) has said the travel industry may only recover by a third year-on-year while international travel spending reportedly continues to plummet.

Budget-friendly travel – especially in the UK's favourite holiday destination, Spain – is set to be most popular

Latest research from the organisation claims the recovery has been "severely delayed" by a lack of spending from international visitors.
 
The WTTC has cited the UK’s travel restrictions, such as the traffic light system, for "wreaking havoc" on the sector. 
 
At the current rate of recovery, the new statistics claimed the sector’s contribution to the nation’s economy could rise year-on-year by just under a third (32%) in 2021.
 
However, the research also showed the increase has allegedly been spurred on by a recent boom in domestic travel, with domestic spending growth set to experience a 49% rise in 2021.