Beijing to become the biggest tourist power in the world
What: A report from the World Travel and Tourism Council says Beijing could become more powerful than Paris in terms of tourism.
Why it is important:The tourism sector in Paris’ GDP is the highest in the world so far, representing USD 35.65 billion of direct contribution. But by 2032, Beijing could steal the show by posting economic benefits estimated at USD 77.28 billion.
The Chinese capital is already in the starting blocks to make tourism one of its economic engines. China's domestic tourism sector has seen phenomenal growth over the past decade as the country has invested in new hotels, transport infrastructure and new tourist destinations. By 2032, Shanghai should also be the second largest tourist power, with USD 70.88 billion in economic benefits. The largest city in southern China, Guangzhou, is also expected to ramp up, generating USD 34.94 billion.
Here are the top 10 tourism powerhouses in the world in 2022:
- Paris - $35.65 billion
- Beijing - $32.62 billion
- Orlando - $31.1 billion
- Shanghai - 29, $69 billion
- Las Vegas - $22.99 billion
- New York - $21.09 billion
- Tokyo - $17.97 billion
- Mexico City - $16.76 billion
- London - $14.92 billion
- Guangzhou - $13.15 billion
