According to the latest forecasts of the World Travel and Tourism Council (WTTC), the sector is expected to increase its GDP contribution to the European economy by 2.25 trillion. EUR in 2023 to 2.4 trillion. EUR in 2024. For comparison, in the pre-pandemic 2019, the amount was 2.26 trillion. EUR.
In the next 10 years, the amount can grow to a colossal 3 trillion. EUR by 2034, which represents about one tenth of the total GDP of the European economy.