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Italy’s Travel & Tourism could reach pre-pandemic levels next year, reveals WTTC report

May 26, 2022

The World Travel & Tourism Council (WTTC) has revealed Italy’s Travel & Tourism sector will provide a significant boost to the country’s economic recovery and could almost reach pre-pandemic levels next year, just 0.3% below 2019 levels.

The latest forecast from WTTC’s Economic Impact Report (EIR) shows the sector’s contribution to GDP could reach more than €194 billion next year, while employment in the sector could also hit pre-pandemic levels.

The report from the global tourism body also reveals that the Travel & Tourism sector will grow at an annual average rate of 2.5% for the next 10 years, five times the 0.5% growth rate of the overall Italian economy. It will be worth over €226 billion by 2032.

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