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Showing posts with the label travel and tourism

Leading Destinations in a Fragmented World - Reflections from DI CEO Summit

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The CEO Summit in Newport Beach brought together a consistent message across discussions. The role of destination leadership is expanding as the environment around it becomes more complex and less predictable. This combination is reshaping what the job actually is. The global context: growth with increasing complexity Travel and tourism continue to grow and remain one of the largest economic sectors globally. The scale is significant, both in terms of GDP contribution and employment. Growth, however, is no longer a simple indicator of success. The conditions behind that growth are changing. Geopolitical tensions, rising costs, and shifting travel patterns are all influencing how and where people travel. Long-haul travel is becoming more expensive. Regional dynamics are shifting, with Asia Pacific and the Middle East gaining momentum, while some traditional markets are facing slower recovery in international demand. Domestic travel remains a stabilising force. In many countries it repre...