Tuesday, 02 January 2024 12:17 GMT

India To Host WTTC Global Summit In 2027


Date:

(MENAFN- Bangladesh Monitor) Malta: India will host the World Travel and Tourism Council (WTTC) Global Summit in Delhi in 2027, bringing international tourism executives, government officials and industry leaders together to discuss the sector's future.

WTTC announced the selection during its Global Summit in Malta, following a competitive process involving 22 destinations. The event is expected to showcase India's tourism offerings and create opportunities for international investment and partnerships.

According to WTTC's latest Economic Impact Research, India's travel and tourism sector contributed USD 263.6 billion to the economy in 2025, supporting 46.2 million jobs. The council forecasts the sector will grow 8.5 percent in 2026, reaching USD 286.1 billion and supporting 48.1 million jobs.

By 2036, the industry's economic contribution is projected to reach USD 527 billion, potentially making India the world's fourth-largest travel and tourism economy.

Domestic travel remains a major driver, with domestic visitor spending totaling USD 203 billion in 2025, accounting for 86 percent of overall tourism expenditure. WTTC sees international visitor spending as an important area for future growth.

WTTC Chairman Manfredi Lefebvre d'Ovidio said Delhi would provide a platform for global leaders to strengthen collaboration and shape the industry's direction.

WTTC President and CEO Gloria Guevara said the summit would help showcase India's tourism potential, expand public-private partnerships and attract greater international demand.

India's Tourism and Culture Minister Gajendra Singh Shekhawat also received a WTTC Global Champion Award for his contribution to the sector.

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