The International Tourism Association named Paris “the most powerful tourist destination in the world” in its annual global tourism study.

The World Travel & Tourism Council studied visitor trends in 195 countries in the latest report produced with Oxford Economics. Paris’ tourist industry made the most money of any city.

But the WTTC added a note of caution: Paris is projected to drop to No. 3 in the next decade, although the association predicts the economic value of its tourism industry will grow to $49 billion.

Beijing and Shanghai are expected to experience an explosion in tourism.

While Beijing is currently second only to Paris at $33 billion.

According to the WTTC, this figure will grow to $77 billion over the next 10 years, surpassing Paris. Similarly, Shanghai is at No. 4 with a sector worth $30 billion in 2022.

However, WTTC expects it to grow to $71 billion by 2032, placing it in second place.
“Big cities like London, Paris and New York will remain global powerhouses, but over the next few years, Beijing, Shanghai and Macau will move up the list of top urban destinations,” said Julia Simpson, president and CEO of WTTC. declaration.

“Tourists will always have favorite cities to return to, but as other countries prioritize travel and tourism, we will see new and emerging destinations emphasizing traditional favourites.”
Overall, the top 10 was dominated by American and Chinese destinations:

1. Paris: $35.65 billion
2. Beijing: $32.62 billion
3. Orlando: $31.1 billion
4. Shanghai: $29.69 billion
5. Las Vegas: $22.99 billion
6. New York: $21.09 billion
7. Tokyo: $17.97 billion
8. Mexico City: $16.7 billion
9. London: $14.92 billion
10. Guangzhou: $13.15 billion
    When borders reopened, many tourists swapped city visits for less populated destinations such as coastal and rural destinations, but the latest WTTC research shows that city breaks are back and growing in popularity.

Paris takes the crown as the world’s most powerful urban destination with a Travel & Tourism sector worth nearly $36 billion in 2022 in terms of direct contribution to the city’s GDP.

Over the next 10 years, WTTC predicts it will drop to third place, although its value will grow to more than $49 billion.

Sources: Forbes | finance.yahoo.com