Future growth and success for Travel & Tourism requires recognising and monitoring the trends that will drive future travel habits. According to the UN, the urban population of the world has grown rapidly from 746 million in 1950 to over four billion in 2016, and today, 54.5% of the world’s population lives in urban areas.
This proportion is expected to increase to 60% by 2050, with nearly all of the increase concentrated in Asia and Africa.
With international tourism arrivals set to rise to 1.8 billion a year by 2030, and billions more domestic trips expected, the city share of these arrivals is showing particular growth. Understanding the rate and concentration of city tourism compared to country tourism growth is an important need for policy makers.
The research looks at 65 global cities, chosen for being among the top ranked for arrivals, and spending by visitors while maintaining a balanced regional coverage. We cover 21 cities across the Asia-Pacific region, 17 cities in the Americas, 17 cities in Europe, and 10 cities across the Middle East and Africa.
Collectively, these 65 cities alone directly contribute nearly one quarter (24%) of the sector’s world direct GDP and 12.3% of its jobs.
City Travel & Tourism Impact 2017 is the first report that makes a comparative analysis of the socioeconomic impact of Travel & Tourism on cities. The study looks at 65 global cities, chosen for being among the top ranked for arrivals, and spending by visitors. Across all cities in our study, even despite being selected as key Travel & Tourism centres, there are enormously differing levels of importance, but all showcasing what a tremendous impact our sector has on city’s wealth and therefore its citizens and visitors.