WTTC: Travel and tourism sector contributed nearly 70B to GDP in 2022 New Day

WTTC: Travel and tourism sector contributed nearly 70B to GDP in 2022 New Day

HomeABS-CBN, NewsWTTC: Travel and tourism sector contributed nearly 70B to GDP in 2022 New Day
WTTC: Travel and tourism sector contributed nearly 70B to GDP in 2022 New Day
The travel and tourism sector continues to bounce back as COVID-19 restrictions across the globe ease./r
The latest economic impact report of the World Travel and Tourism Council shows the sector contributed nearly 70 billion dollars to the Philippines’ Gross Domestic Product or GDP in 2022./r
That’s about 17 percent of the total economy. /r
But this year, the sector’s contribution to the economy is expected to leap to 80 billion dollars./r
CNN Philippines got to speak with WTTC President and CEO Julia Simpson./r
She outlined the factors that led to these results. /r
/r
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