Focus on growing destinations

World Travel Market London 2023, to be organised from 6-8 November at ExCeL London, will inform industry about the shifting landscape of travel and tourism in the world.

TT Bureau

World Travel Market London 2023 will reveal the latest trends shaping the industry when it releases its global travel report on the first day of the show on 6 November. The exclusive report titled ‘WTM Global Travel Report’, prepared in association with renowned researchers at Tourism Economics, an Oxford Economics company, shows how leisure travellers’ changing needs and desires and sheds light on growing destinations. The attendees will gain insights into shifting landscape of travel and tourism and learn about consumer demands, helping them shape their business and plan for the future.

Juliette Losardo, Director, WTM London Exhibitor, said, “We are thrilled to launch the first ever – WTM Global Travel Report – it demonstrates our commitment to ensuring the travel community have the freshest insight into trends shaping the sector and will support discussions, meetings and planning taking place during the three days at WTM.’’

Telling about the partnership with Oxford Economics, he said, “We partnered with Oxford Economics using an expansive databank covering nearly 185 countries worldwide as destinations and as origin markets and all major bilateral tourism flows in terms of visits, nights and spend, as well as unique industry insights, the report gives a comprehensive outlook on tourism.” She added, “The worldwide outlook and vast, informative findings will give delegates invaluable insights to ensure they stay ahead in the travel sector.”

The report will detail how the market has fared in 2023 and forecasts how domestic and international leisure travel will develop in 2024. It considers the impact of challenges such as inflation and the cost-of-living squeeze – and compares the varying fortunes of different regions and markets.

Losardo also highlights that they hear many positive story over the past few months regarding the success of 2023.