What is the story about?
What's Happening?
The World Travel & Tourism Council (WTTC) has released a report highlighting a potential workforce shortfall of over 43 million in the travel and tourism sector by 2035. The report, unveiled at the WTTC's Global Summit in Rome, emphasizes the need for immediate workforce planning to address this challenge. It projects significant labor shortfalls in major economies, including China, India, and the European Union, with the hospitality industry facing a gap of 8.6 million workers.
Why It's Important?
The looming workforce shortage poses a significant threat to the travel and tourism sector, which is expected to generate 91 million new jobs by 2035. Addressing this challenge is crucial for maintaining the sector's role as a driver of global job creation and economic growth. The report calls for collaboration among governments, educators, and industry to bridge the workforce gap and adapt to demographic and structural changes affecting labor markets.
What's Next?
The WTTC report outlines strategies to address workforce challenges, including inspiring young people, strengthening collaboration between educators and the industry, enhancing retention, and investing in digital literacy and sustainable practices. These strategies aim to build a future-ready workforce capable of meeting the sector's demands.
Beyond the Headlines
The report serves as a call to action for the travel and tourism sector to proactively address workforce challenges through strategic planning and collaboration. It highlights the importance of adapting to changing labor market dynamics and investing in workforce development to ensure the sector's continued growth and prosperity.
AI Generated Content
Do you find this article useful?
