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WTTC commits USD 2 bn in new tourism investment for Malta

WTTC commits USD 2 bn in new tourism investment for Malta

The World Travel & Tourism Council (WTTC) has announced, on behalf of its members, a collective commitment of USD 2 billion in new investment in Malta, reflecting strong confidence in the Government’s leadership, its commitment to public-private collaboration, and its long-term vision for sustainable Travel & Tourism growth. The announcement was made by Manfredi Lefebvre, Chairman, WTTC...

Malta crosses 4 mn visitors; tourism contributed 16.9% to GDP; PM calls for shift from volume to value

Malta crosses 4 mn visitors; tourism contributed 16.9% to GDP; PM calls for shift from volume to value

The island nation welcomed more than four million visitors last year and generated EUR 3.9 billion in tourism spending, while the Malta government actively looks to shift its focus from visitor volumes to higher-value, year-round and sustainable tourism. Speaking during the opening ceremony of the WTTC Global Summit in Valletta, Malta’s Prime Minister Robert Abela said the country had...