The World Travel & Tourism Council (WTTC) launched its new global framework, The Seven Principles for Attracting Tourism Investment, setting out the key conditions destinations need to become investment-ready, attract private capital, strengthen competitiveness, and accelerate sustainable tourism growth.
Launched by WTTC President & CEO Gloria Guevara, the
framework draws on the common characteristics of the world's most successful
tourism investment destinations and provides a practical roadmap for
governments seeking to create the conditions for long-term tourism growth.
The principles reflect WTTC's vision of best practice for
attracting long-term investment and are designed to help destinations unlock
economic growth, job creation, infrastructure development, and sustainable
tourism expansion.
The Seven Principles are:
Gloria Guevara, President & CEO of WTTC, said: "Around the world, the destinations attracting the greatest levels of tourism investment share a common set of characteristics: policy stability, long-term planning, strong leadership, and effective collaboration between government and the private sector. Our Seven Principles for Attracting Tourism Investment provide a practical framework for destinations looking to become investment-ready, strengthen competitiveness, and attract global capital. Travel & Tourism has enormous potential to drive economic growth, create quality jobs, and support communities. By creating the right investment environment, destinations can unlock sustainable long-term development while enhancing their competitiveness in the global tourism market."