Golden Age

World Tourism Barometer | Golden Age

World Tourism Barometer | Golden Age

The World Tourism Barometer is a quarterly publication by the United Nations World Tourism Organization (UNWTO) that provides an overview of international touri

Overview

The World Tourism Barometer is a quarterly publication by the United Nations World Tourism Organization (UNWTO) that provides an overview of international tourism trends, including the number of tourist arrivals, tourism receipts, and the overall performance of the tourism sector. The barometer is based on a survey of over 150 countries and provides insights into the current state of the tourism industry, as well as forecasts for future growth. According to the UNWTO, international tourist arrivals reached 1.5 billion in 2019, with a growth rate of 4% compared to the previous year. The tourism sector is a significant contributor to the global economy, accounting for 10% of global GDP and 30% of international trade in services. However, the sector is also vulnerable to external shocks, such as economic downturns, natural disasters, and global health crises, which can have a significant impact on tourist arrivals and receipts. As the global tourism industry continues to evolve, the World Tourism Barometer provides a vital tool for policymakers, industry stakeholders, and tourists themselves to stay informed about the latest trends and developments in the sector.