What is the story about?
What's Happening?
The World Travel & Tourism Council (WTTC) has released a report indicating that while the travel and tourism sector is expected to create 91 million new jobs by 2035, it faces a potential shortfall of over 43 million workers. The report, launched at the WTTC's 25th Global Summit in Rome, highlights demographic and structural changes that could lead to significant labor shortages, particularly in hospitality and lower-skilled roles. Major economies like China, India, and the EU are projected to experience the largest workforce gaps.
Why It's Important?
The anticipated workforce shortfall poses a significant challenge to the travel and tourism sector, which is a major contributor to global employment and economic growth. Addressing this gap is crucial for sustaining the sector's expansion and ensuring it continues to offer diverse career opportunities. The report calls for collaboration between governments, educators, and industry stakeholders to implement policies that bridge the workforce gap, emphasizing the need for investment in training, digital literacy, and sustainable practices.
What's Next?
The WTTC urges immediate action to address the workforce challenges, including inspiring young people to pursue careers in travel and tourism, enhancing collaboration between educators and the industry, and investing in leadership development and inclusive workplace cultures. The report also suggests flexible policies to manage workforce demand, such as reducing barriers to international recruitment and combining part-time roles into full-time positions.
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