{"id":121086,"date":"2018-03-23T00:00:00","date_gmt":"2018-03-22T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/wttc-estimates-a-4-growth-in-the-tourism-sector-in-2018\/"},"modified":"2026-03-28T10:38:49","modified_gmt":"2026-03-28T08:38:49","slug":"wttc-estimates-a-4-growth-in-the-tourism-sector-in-2018","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/wttc-estimates-a-4-growth-in-the-tourism-sector-in-2018\/","title":{"rendered":"WTTC estimates a 4% growth in the tourism sector in 2018"},"content":{"rendered":"

The travel and tourism sector is expected to see a slight slowdown this year due to higher oil prices and air travel costs, after experiencing its best year in history in 2017, according to the World Travel & Tourism Council (WTTC).<\/p>\n

Last year, the tourism sector recorded a growth of 4.6% compared to 2016 and was responsible for creating 7 million new jobs, representing 20% of the total number of new jobs created globally.<\/p>\n

For this year, WTTC estimates a 4% growth in the travel and tourism sector, lower than in 2017, due to rising oil and air travel prices, as well as expectations regarding interest rate hikes in countries such as the USA and the UK.
\nSource: Capital<\/a><\/p>\n

Frequently Asked Questions<\/h3>\n

What is the growth forecast for tourism in 2018?<\/strong><\/p>\n

WTTC estimates a 4% growth for the travel and tourism sector in 2018.<\/p>\n

Why is the growth rate slowing down compared to 2017?<\/strong><\/p>\n

The slowdown is attributed to higher oil prices, increased air travel costs, and rising interest rates in major economies.<\/p>\n

How many jobs did the tourism sector create in 2017?<\/strong><\/p>\n

The sector created 7 million new jobs, accounting for 20% of all new jobs created globally that year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The travel and tourism sector is expected to see a slight slowdown this year due to higher oil prices and air travel costs, after experiencing its best year in history in 2017, according to the World Travel & Tourism Council (WTTC). Last year, the tourism sector recorded a growth of 4.6% compared to 2016 and…<\/p>\n","protected":false},"author":0,"featured_media":67172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2858],"tags":[],"thb-sponsors":[],"class_list":["post-121086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/turism-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/121086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=121086"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/121086\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67172"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=121086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=121086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=121086"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=121086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}