Page 551 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
P. 551

10/28/25, 10:36 AM                      Tourism makes up 10pc of global economy but faces challenges: Al Nowais
        Tourism makes up 10pc of global economy but faces challenges: Al Nowais

        DUBAI  Mon, 27 Oct 2025


           SHARE

























































        Shaikha Al Nowais, Secretary-General Elect of the United Nations World Tourism Organisation (UNWTO) for
        the 2026–2029 term, revealed that the global tourism and travel sector contributed $10.9 trillion to the world’s
        GDP in 2024, accounting for 10% of the global economy.

        In statements to the Emirates News Agency (WAM) on the sidelines of the UAE-Africa Tourism Investment

        Summit 2025, which began in Dubai, Al Nowais said that this contribution is expected to continue rising to
        US$11.7 trillion in 2025, marking an increase of 6.7% over 2024 and 13% higher than 2019 levels.
        Citing a report from the World Travel & Tourism Council (WTTC), she noted that the sector grew by 8.5% in

        2024 compared with 2023, and by 6% compared with 2019.
        Al Nowais stressed that these figures reaffirm tourism’s role as a key driver of sustainable economic growth,

        highlighting it as one of the most dynamic sectors in attracting both domestic and foreign investment.


      https://www.tradearabia.com/News/329679/Tourism-makes-up-10pc-of-global-economy-but-faces-challenges--Al-Nowais  1/2
   546   547   548   549   550   551   552   553   554   555   556