Saturday, 07 Dec 2024

World Travel & Tourism Council (WTTC) Showcases $67 Billion Indigenous Tourism Growth Potential by 2034

The World Travel & Tourism Council (WTTC) has unveiled an influential new report at its Global Summit in Perth, Western Australia, spotlighting the anticipated $67 billion USD contribution of Indigenous tourism to the global economy by 2034.


World Travel & Tourism Council (WTTC) Showcases $67 Billion Indigenous Tourism Growth Potential by 2034
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The World Travel & Tourism Council (WTTC) has unveiled an influential new report at its Global Summit in Perth, Western Australia, spotlighting the anticipated $67 billion USD contribution of Indigenous tourism to the global economy by 2034.

Indigenous tourism is fast becoming a pivotal economic driver. It generates employment and economic benefits in remote locations, preserves Indigenous cultures, languages, and lands, and offers travelers an immersive way to connect with Indigenous heritage and traditions.

With the Indigenous tourism market expected to grow at a compound annual growth rate (CAGR) of 4.1% over the next decade, reaching $67 billion, this sector is empowering communities to shape their economic destinies.

Interest in Aboriginal tourism experiences in Western Australia is on the rise, reaching unprecedented levels this year. Data from the Visitor Experiences and Expectations Research (VEER) indicates that nearly nine out of ten visitors express interest (87%), and over a third (36%) engaged in Aboriginal tourism in WA during 2023-24. Aboriginal tourism businesses continue to contribute significantly to the Gross State Product in Western Australia, adding $63.8 million in the 2021-22 fiscal year.

In Canada, the Indigenous tourism industry supports around 2,000 businesses and provides over 39,000 jobs, contributing CA$1.7 billion to the economy in 2017.

Similarly, in Panama's Guna Yala region, tourism plays a central role in sustaining the Guna people and their culture, creating a self-reliant economy.

This growth is driven by the increasing demand for authentic cultural experiences in countries like Canada, Australia, and the United States, among others.

In Australia alone, over 1.4 million international visitors participated in Indigenous tourism activities in 2019, reflecting an average annual growth rate of 6% since 2010.

Robert Taylor, CEO of the Western Australia Indigenous Tourism Operators Council (WAITOC), emphasized the significance of authentic Indigenous experiences. WAITOC has collaborated extensively with Tourism Western Australia to craft a strategic action plan aimed at further advancing Indigenous tourism across the state. The Jina: Western Australia Aboriginal Tourism Action Plan 2021-2025 is designed to foster new businesses and promote greater Aboriginal participation in the tourism sector.

By embedding cultural elements like these into tourism, Indigenous communities can protect and celebrate their unique identities.

These funds are vital to ensure that Indigenous communities fully benefit from the expanding tourism industry and can continue to grow sustainably.

The WTTC is dedicated to supporting Indigenous communities worldwide, advocating for their efforts to shape their tourism narratives and ensuring that Indigenous tourism remains a thriving, self-sustaining industry that benefits all involved.

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