WTM Yearbook 2023

Page 18

A year in review

WTM London 2022 exceeds expected attendance

Rwanda named WTTC 2023 summit host

2022

2023>

NOVEMBER

DECEMBER

JANUARY

WTM LONDON BOOST World Travel Market London exceeds expected attendance with 35,800 people participating and buyer numbers up 25% compared to 2021. The event, staged at ExCeL London from November 7-9, saw ministerial representation from 55 nations across the world – up 15% on 2021 and a 165% increase in exhibiting personnel versus 2021.

RWANDA TO HOST WTTC SUMMIT 2023 During the closing session of the World Travel & Tourism Council’s (WTTC) Global Summit in Riyadh, Saudi Arabia, the Rwandan capital, Kigali, is announced as the host city for 2023, marking the first time the event will be staged in Africa.

BEYONCÉ IN ATLANTIS GRAND REVEAL Global music icon Beyoncé performs to 1,000 VIP guests at Atlantis The Royal as part of the hotly anticipated hotel’s ‘grand reveal’. The official opening of the property, which is sister to the original pink Atlantis mega resort on The Palm Jumeirah, takes place the following month (February).

WORLD CUP KICK OFF Hosted in Qatar, the Middle East’s first FIFA World Cup™ kicks off on November 20, hotly contested by 32 national teams. Less than two weeks into the global sporting event, Qatar Tourism says the country has already welcomed more than 600,000 visitors from around the world. TOURISM LEADERS CONVENE AT COP27 At the UN Climate Change Conference COP27 in Sharm el-Sheikh, Egypt, the UNWTO brings leading sector stakeholders together to share practical insights into accelerating the shift to greater sustainability and reaching net zero.

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Atlantis The Royal in January 'grand reveal'

WTM London 2023

IATA PREDICTS RETURN TO PROFIT The International Air Transport Association (IATA) says it expects the global airline sector to return to profitability in 2023 as it continues to cut losses stemming from the pandemic’s impact. Airlines are forecast to post a small net profit of $4.7 billion – a 0.6% net profit margin this year. It is the first profit since 2019 when industry net profits were $26.4 billion. 20 NEW SHIPS IN 2022 It was a good year for ship building with 20 new cruise vessels delivered in 2022, according to Cruise Industry News, ranging from large ships to smaller expedition and luxury ships. Some 16 cruise lines debuted new ships including Carnival, P&O, Viking and MSC. The largest ship delivered was the 5,400-capacity MSC World Europa weighing in at 205,000 tonnes and now sailing in the Middle East and Europe.

TRAVEL ALMOST BACK TO NORMAL: UNWTO Based on forward-looking scenarios for 2023, international tourist arrivals could reach 80% to 95% of pre-pandemic levels this year, depending on the extent of the economic slowdown, the ongoing recovery of travel in Asia and the Pacific and the evolution of the Russian offensive in Ukraine, among other factors, says the UNWTO. SUSTAINABLE TOURISM DEMAND ON THE UP A major new report by the WTTC, Trip.com and Deloitte reveals a heightened appetite for sustainable tourism amongst consumers, with 69% of travellers actively seeking sustainable travel options. Data also finds three quarters of high-end travellers are willing to pay extra to make their trips more sustainable.


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