As travel rebounds, it's time to reassess what consumers, businesses, and governments need to keep the industry growing sustainably. Today, our partnerships are addressing the needs of government agencies to create effective tourism strategies that boost the travel economy. In a new interview with Skift, our Quim Martínez Bosch shares how Mastercard's #TourismInnovationHub is collaborating with partners across the ecosystem to rethink how we can apply technology, insights, and partnerships to drive sustainable tourism development. 👉 Check out the article here: https://lnkd.in/epEHVkbK #Travel #Tourism #SkiftGlobalForum
Mastercard for Government’s Post
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I’m excited to share this powerful research from the Travel Foundation on the positive impact of holidays for both travelers and destinations. The report highlights the importance of ensuring that tourism revenue stays within the local economy, a critical factor in driving sustainable development. One key issue addressed in the report is economic leakage, when a large portion of tourism revenue leaves the destination instead of benefiting local communities. This can happen when foreign-owned businesses dominate, and profits flow outside the country, or when imported goods and services are prioritized over local ones. Tourism should be a source of growth for destinations, but when funds leak out of the local economy, it limits the potential benefits for residents, small businesses, and infrastructure development. By supporting local suppliers, promoting locally-owned accommodations, and investing in sustainable practices, we can ensure that tourism has a positive, lasting impact. This report is a must-read for anyone in the tourism industry committed to responsible travel and economic sustainability. Let’s continue working toward tourism that not only enriches the traveler’s experience but also truly benefits the destinations we love! 🌱✈️ #SustainableTourism #EconomicGrowth #ResponsibleTravel #TravelFoundation #TourismImpact #TourismEconomics #SupportLocal
🔍 New report on tourism's hidden cost: economic leakage At TravelLocal, we're proud to have sponsored and contributed to The Travel Foundation’s latest report, which uncovers the staggering reality of tourism leakage. In some destinations, as little as 20% of holiday spending benefits the local economy. This report is a wake-up call for us all to rethink how we travel and where our money goes. We believe in empowering local communities through travel, and this report highlights the need for more equitable tourism practices. Read the full report and discover how you can make a positive impact when you travel. 🌍 https://lnkd.in/ePrvE-y7 #SustainableTourism #SupportLocal #ReimagineTravel #ResponsibleTourism #TravelIndustry
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🔍 New report on tourism's hidden cost: economic leakage At TravelLocal, we're proud to have sponsored and contributed to The Travel Foundation’s latest report, which uncovers the staggering reality of tourism leakage. In some destinations, as little as 20% of holiday spending benefits the local economy. This report is a wake-up call for us all to rethink how we travel and where our money goes. We believe in empowering local communities through travel, and this report highlights the need for more equitable tourism practices. Read the full report and discover how you can make a positive impact when you travel. 🌍 https://lnkd.in/ePrvE-y7 #SustainableTourism #SupportLocal #ReimagineTravel #ResponsibleTourism #TravelIndustry
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Marketing Planning Lead @ TravelLocal | Creative Project Manager | Digital Editor | Travel Writer
How exciting for TravelLocal® to have played a part in sponsoring the research for this important report that defines economic leakage and suggests possible solutions for everyone who wants to make a positive impact when they travel!
🔍 New report on tourism's hidden cost: economic leakage At TravelLocal, we're proud to have sponsored and contributed to The Travel Foundation’s latest report, which uncovers the staggering reality of tourism leakage. In some destinations, as little as 20% of holiday spending benefits the local economy. This report is a wake-up call for us all to rethink how we travel and where our money goes. We believe in empowering local communities through travel, and this report highlights the need for more equitable tourism practices. Read the full report and discover how you can make a positive impact when you travel. 🌍 https://lnkd.in/ePrvE-y7 #SustainableTourism #SupportLocal #ReimagineTravel #ResponsibleTourism #TravelIndustry
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Investor/Founder/Entrepreneur - enabling impact and growth businesses and teams to succeed. Built/building multiple scale-ups (incl VC backed); ex private equity Senior Partner (Graphite Capital). INSEAD MBA.
powerful research on the benefits of holidays which benefit your destination economically.
🔍 New report on tourism's hidden cost: economic leakage At TravelLocal, we're proud to have sponsored and contributed to The Travel Foundation’s latest report, which uncovers the staggering reality of tourism leakage. In some destinations, as little as 20% of holiday spending benefits the local economy. This report is a wake-up call for us all to rethink how we travel and where our money goes. We believe in empowering local communities through travel, and this report highlights the need for more equitable tourism practices. Read the full report and discover how you can make a positive impact when you travel. 🌍 https://lnkd.in/ePrvE-y7 #SustainableTourism #SupportLocal #ReimagineTravel #ResponsibleTourism #TravelIndustry
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We love this in-depth feature from LBBonline - Little Black Book on travel and tourism for 2025, with a major focus on sustainable tourism: https://lnkd.in/eu8RtHNw It includes insight from experts at M&C Saatchi UK, Quigley-Simpson, Dentsu Creative, Iris, True Digital and Mythic. #DestinationMarketing #TravelIndustry #Overtourism #TravelMarketing
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The tourism industry is increasingly focused on sustainability, innovation, and cultural heritage. Businesses are implementing strategies that foster meaningful travel experiences while addressing environmental and social challenges. So, why should travel businesses care? By staying aligned with these evolving trends, companies can remain competitive and make a positive impact on the global travel ecosystem. Sustainable tourism is not merely a trend; it's a necessity, and operators must adapt to the rising demand for responsible travel. Partner with Technomine Travel Solutions to align your travel business with the forefront of sustainable tourism development. Together, let us create a better, more responsible future for travel. #TourismDevelopment #SustainableTravel #TravelManagement #TravelInnovation #TourismIndustry
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🌎 🏞 As we march into the future, our 2024 Economic Impact Report paints a promising picture for Travel and Tourism worldwide. Recovery is not just in sight — it's happening, with the U.S leading the pace. 🇺🇸Can you guess the U.S's considerable contribution to the global Travel & Tourism sector in 2023? A whopping US$2.36 TN to GDP – proof of its substantial role in sparking the sector's recovery. Want to learn more about the journey of other countries? Dive into the data and the latest Travel & Tourism trends shaping the sector 👉 https://bit.ly/3Zisiee #TravelInNumbers #TravelAndTourism #WTTC #TravelTrends
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The #travel and #tourism sector isn’t just recovering—it’s thriving! As optimism for the industry grows, it’s clear this is more than a trend; it’s a call to action. Kearney’s Mauricio Zuazua and the World Economic Forum’s Francisco Betti explore the myths that cloud the sector’s potential and highlight how travel and tourism can be transformed into a driver of inclusive growth, community empowerment, and environmental sustainability through a holistic approach that prioritizes collaboration. Discover how travel and tourism can create lasting impact: https://bit.ly/3PD9511 #WEF25
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It is indeed surprising to find some of the myths debunked (especially around T&T's Environmental Impact) through the insights shared by my #kearney colleagues at WEF 2025
The #travel and #tourism sector isn’t just recovering—it’s thriving! As optimism for the industry grows, it’s clear this is more than a trend; it’s a call to action. Kearney’s Mauricio Zuazua and the World Economic Forum’s Francisco Betti explore the myths that cloud the sector’s potential and highlight how travel and tourism can be transformed into a driver of inclusive growth, community empowerment, and environmental sustainability through a holistic approach that prioritizes collaboration. Discover how travel and tourism can create lasting impact: https://bit.ly/3PD9511 #WEF25
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Sustainability Manager - Supply at Booking.com - Making it easier to find and book more sustainable experiences.
🗺️ Tourism is evolving into a powerful tool for cultural exchange and learning. Today, people are traveling not just to see the world, but to immerse themselves in diverse ways of life and gain meaningful insights into local cultures. 📊 According to our annual Sustainable Travel Report, 75% of global travelers are actively seeking authentic experiences that reflect the essence of local culture. 💻 Learn how some of our accommodation partners are addressing the social and environmental impacts of their business decisions while offering these sought-after experiences. https://lnkd.in/echDuDiZ Key Takeaways: 🌍 Sustainable tourism is about striking a balance—meeting the needs of visitors, the industry, the environment, and host communities alike. 🌎 Adopting community-based tourism principles can strengthen local economies while addressing challenges like overtourism and cultural erosion. 🎓 Ready to learn more? Sign up for our free online course to discover expert insights and peer guidance on bridging the gap between your accommodation business and the local community. 💡 Sign up for the course in English: https://lnkd.in/eKmsaTAj 💡 Inscríbete al curso en español: https://lnkd.in/eNUjz-3e #SustainableTravel #CulturalTourism #CommunityBasedTourism #ResponsibleTravel #TravelSustainably #TourismDevelopment #SustainableTourism #HospitalityInsights
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