According to a recent report by the World Travel and Tourism Council (WTTC), the global tourism landscape is set for a major shake-up over the next decade. Several Chinese cities are predicted to overtake Paris as the world’s biggest tourism destination. The report suggests that Beijing, the capital city of China, will soon surpass Paris, which is currently the world’s top tourism destination.
The WTTC’s report analyzed various factors, including the contribution of the travel and tourism industry to the GDP and employment, as well as projected spending by travelers, to arrive at its conclusions. While the pandemic and travel restrictions initially affected the popularity of Chinese cities among travelers, the report states that Beijing is now on track to become the world’s biggest tourism destination.
Paris is known for its museums, parks, restaurants, and historic streets, among other things, and its tourism and travel sector is currently worth around $36 billion. In contrast, Beijing’s travel industry is presently valued at $33 billion. However, the WTTC predicts that Beijing’s tourism industry will grow to a staggering $77 billion, overtaking Paris in the process.
But Beijing is not the only Chinese city set to overtake Paris. Shanghai’s travel sector is also expected to double in value to $60 billion over the next ten years, making it another major contender for the top spot.
In conclusion, the global travel industry is set for significant changes in the coming years, with Chinese cities emerging as major players. It will be interesting to see how these changes unfold, and which cities ultimately come out on top. To learn more about the WTTC’s predictions, you can read the full report here.
