tourism world

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World Tourism Barometer: January 2024

International Tourism to end 2023 close to 90% of Pre-pandemic levels

According to the first UNWTO World Tourism Barometer of the year,  international tourism ended 2023 at 88% of pre-pandemic levels , with an estimated 1.3 billion international arrivals .  The unleashing of remaining pent-up demand, increased air connectivity, and a stronger recovery of Asian markets and destinations, are expected to underpin a full recovery by the end of 2024 (UNWTO Tourism Barometer January 2024 – Press Release) .

An estimated 1286 million international tourists (overnight visitors) were recorded around the world in 2023, an increase of 34% over 2022. International tourism recovered 88% of pre-pandemic levels, supported by strong pent-up demand (UNWTO Tourism Barometer January 2024-Excerpt) .

International tourism is expected to fully recover pre-pandemic levels in 2024, with initial estimates pointing to 2% growth above 2019 levels. This central forecast by UNWTO remains subject to the pace of recovery in Asia and to the evolution of existing economic and geopolitical downside risks (UNWTO Tourism Barometer January 2024 – Press Release) .  

Asia and the Pacific reached 65% of pre-pandemic levels, with a gradual recovery since the start of 2023 following the reopening of several markets and destinations. However, performance among subregions were mixed, with South Asia recovering 87% of pre-pandemic levels and North-East Asia, 55% (UNWTO Tourism Barometer January 2024-Excerpt) .

There is still significant room for recovery across Asia. The recent reopening of several source markets and destinations is expected to boost recovery in the region and globally (UNWTO Tourism Barometer January 2024- Excerpt) .

Read more on the UNWTO Tourism Barometer (January 2024 excerpt) here .

About the UNWTO World Tourism Barometer

The UNWTO World Tourism Barometer is a publication of the World Tourism Organization (UNWTO) that monitors short-term tourism trends regularly to provide global tourism stakeholders with up-to-date analysis of international tourism. The information is updated several times a year and includes an analysis of the latest data on tourism destinations (inbound tourism) and source markets (outbound tourism). The Barometer also includes three times a year Confidence Index based on the UNWTO Panel of Tourism Experts survey, which provides an evaluation of recent performance and short-term prospects for international tourism.

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Economic Impact Reports

World Travel & Tourism Council (WTTC) represents the Travel & Tourism sector globally

For over 30 years, WTTC has conducted research on the economic impact of Travel & Tourism in 185 countries and issues such as overcrowding, taxation, policy-making, and many others to raise awareness of the importance of the Travel & Tourism sector as one of the world’s largest economic sectors. As a non-profit membership-based organisation, our members and partners are the core of our organisation and include over 200 CEOs, Chairpersons, and Presidents of the world’s leading Travel & Tourism companies from all geographies and industries.  

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Latest news.

Below is some of the latest news from WTTC. Visit our press-release page for more.

68th U.S. Secretary of State John Kerry to Headline WTTC Global Summit

U.S. Remains the World’s Most Powerful Travel & Tourism Market

The World Travel & Tourism Council appoints Gaurav Bhatnagar to Regional Vice Chair for India

The Leela Palaces, Hotels and Resorts Joins the World Travel & Tourism Council

Research & insights.

WTTC regularly releases new reports on Travel & Tourism and you can find some of our latest reports below. Visit the WTTC Research Hub to find all our reports and factsheets.

Unlocking Opportunities for Travel & Tourism Growth in Latin America

Nature Positive in Action

Artificial Intelligence (AI): Global Strategies, Policies & Regulations

Responsible Artificial Intelligence (AI) : Overview of AI Risks, Safety & Governance

By: Bastian Herre and Veronika Samborska

Tourism has massively increased in recent decades. Aviation has opened up travel from domestic to international. Before the COVID-19 pandemic, the number of international visits had more than doubled since 2000.

Tourism can be important for both the travelers and the people in the countries they visit.

For visitors, traveling can increase their understanding of and appreciation for people in other countries and their cultures.

And in many countries, many people rely on tourism for their income. In some, it is one of the largest industries.

But tourism also has externalities: it contributes to global carbon emissions and can encroach on local environments and cultures.

On this page, you can find data and visualizations on the history and current state of tourism across the world.

Interactive Charts on Tourism

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International tourism: the most popular countries

Drastic declines due to COVID-19

The most popular travel countries.

Germany is the world travel champion

Booming tourism and slump in 2020.

A look at the costs

What next for travel and tourism? Here's what the experts say

In many countries, more than 80% of travel and tourism spending actually comes from the domestic market. Image:  Unsplash/Surface

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Stay up to date:.

• In 2020 alone, the travel and tourism sector lost $4.5 trillion and 62 million jobs globally.
• But as the world recovers from the impacts of the COVID-19 pandemic, travel and tourism can bounce back as an inclusive, sustainable, and resilient sector.
• Two experts highlight some of the key transformations in the sector going forward during the World Economic Forum's Our World in Transformation series.

The Travel & Tourism sector was one of the hardest hit by the COVID-19 pandemic, leaving not only companies but also tourism-driven economies severely affected by shutdowns, travel restrictions and the disappearance of international travel.

In 2020 alone, the sector lost $4.5 trillion and 62 million jobs, impacting the living standards and well-being of communities across the globe. Moreover, the halt in international travel gave both leisure and business travellers the chance to consider the impact of their choices on the climate and environment.

Amid shifting demand dynamics and future opportunities and risks, a more inclusive, sustainable and resilient travel and tourism sector can be - and needs to be - built.

The World Economic Forum's Travel & Tourism Development Index 2021 finds that embedding inclusivity, sustainability and resilience into the travel and tourism sector as it recovers, will ensure it can continue to be a driver of global connectivity, peace and economic and social progress.

We spoke to Sandra Carvao , Chief of Market Intelligence and Competitiveness at the United Nations World Tourism Organization (UNWTO), and Liz Ortiguera , CEO of the Pacific Asia Travel Association in Thailand (PATA), and asked them to highlight some of the key areas of risk and opportunity in the sector during an episode of the World Economic Forum's Our World in Transformation series.

Have you read?

Travel & tourism development index 2021: rebuilding for a sustainable and resilient future, towards resilience and sustainability: travel and tourism development recovery, how can we really achieve sustainability in the travel sector, what are some of the top global trends you're witnessing currently in the travel and tourism sector.

Liz Ortiguera: Given the extended lockdown that we had on travel with the pandemic, vacation for friends and relatives (VFR) is now a high priority for people who haven’t been in touch for a long time thanks to the pandemic. So, people are reconnecting. And that kind of links to the second trend, which is multi-purpose or blended travel. Never before, particularly now that we can connect digitally through Zoom, has the ability to work from anywhere enabled travellers to cover multiple purposes, like visits with friends and multiple business trips. So, we'll find that the duration of travel and the length of stay is longer. And third is the continued high focus on safety and wellness which is top of mind for travellers due to the pandemic. All travel is wellness-related now.

Sandra Carvao: I think there is a bigger concern with sustainability, which is very welcome in our industry. Consumers, particularly the younger generation, are much more aware of the impact they have, not only on the environment but also socially and on the communities they live in. We've also seen an increase in expenditure per trip, so I think people are very eager to go outside, and they're staying longer. And on the other side, I think there are some challenges: we’re seeing a rise in late bookings because restrictions can change at short notice and that’s having an impact on the decisions of travellers. This is putting pressure on the industry in terms of planning and anticipating fluctuations in demand.

Social media surveys have shown that travellers who have immersive experiences are more likely to post about them, which is good for the industry.

What is community-based tourism and why is it important?

Sandra Carvao: One of the positive impacts of the pandemic is that people are looking for local experiences and are spending more time with communities. So, the concept of community-based tourism is obviously one that puts the community at the core of every development, ensuring that it's engaged and empowered and that it benefits. At the UNWTO, we worked with the G20 and the Saudi presidency back in 2020 and produced a framework for tourism development in communities, which states that communities need to be part of the planning and management of tourism activities. We need to go beyond traditional definitions of community to a point where the industry leans on partnerships between the public and private sectors and communities.

Liz Ortiguera: In July 2022, PATA is hosting a destination-marketing forum and one of the key themes is community-based tourism. The purpose is really to put the community and authenticity-in-culture activities at the heart of the travel experience. There are benefits for all stakeholders. One is that travellers can have an authentic experience. They're not in overcrowded, touristic locations and they experience something new and unique within the community. These experiences are designed in partnership with communities who get the benefit of financial inclusion, and if activities are designed properly, the reinforcement of their cultural heritage. Governments also engage in economic development more broadly across countries. Another interesting trend is creative tourism, which means you create an experience for tourists to participate in, like a dance lesson, or a cooking lesson. Social media surveys have shown that travellers who have these kinds of immersive experiences are more likely to post about them online and that's good for the industry.

It is important to emphasize that virtual experiences, while they are a fun tool, can never replace visiting a destination.

How is technology and innovation helping to leverage cultural resources?

Sandra Carvao: One interesting trend we’re seeing is that more and more people are booking trips directly, so communities need to be supported to digitize their systems. Education and upskilling of communities are important so that they can leverage digital platforms to market themselves. From the tourists’ perspective, it is important to emphasize that virtual experiences, while they are a fun tool, can never replace visiting a destination.

Liz Ortiguera: People have been living virtually for more than two years. Amazing innovations have emerged, such as virtual reality and augmented reality, and all kinds of applications and tools. But the important thing is the experience. The destination. Real-world experiences need to remain front and centre. Technology tools should be viewed as enablers and not the core experience. And when it comes to staff, technology can really democratize education. There’s an opportunity to mobilize a mobile-first approach for those who are on the frontlines, or out in the field, and can’t easily access computers, but need to get real-time information.

How is the sector dealing with labour shortages and re-employment of the workforce?

Liz Ortiguera: Labour shortages are much more dynamic in North America and in Europe. But it’s having a knock-on effect on Asia. If, for example, their air carriers are limited by staff and they have to cancel flights, which we're very much seeing out of Europe, seating capacity then becomes a limiting factor in the recovery of Asia Pacific. That's the main constraint right now. And compounding that is the rising price of fuel. But people in the Asia Pacific are keen to get reemployed.

Sandra Carvao: Labour shortages are a priority for the sector in countries around the world. Many workers left the sector during the pandemic and the uncertainty that surrounded the measures taken to contain it left many people unsure of whether the sector would recover. It is time to address things like conditions, scheduling, and work/life balance, all things which have been top of mind for workers during the pandemic. As the sector recovers, we need time to bring new hires on board and to train them to take over where those who switched jobs left off.

Are we seeing a growing trend towards domestic tourism?

Sandra Carvao: We’re talking about 9 billion people travelling within their own countries. And in many countries, for example in Germany, more than 80% of the tourism spending actually comes from the domestic market, similarly in countries like Spain and even smaller economies. Whenever it's possible to travel again, domestic markets tend to be more resilient. They kick off first mostly due to perceptions of safety and security issues. As the world economy recovers from the pandemic, there is a good opportunity for nations to rethink their strategy, look at the domestic market in a different way, and leverage different products for domestic tourists.

When it comes to sustainable tourism, how quickly could we mainstream eco-friendly modes of transportation?

Sandra Carvao: Transport is one of the key contributors to energy impacts and tourism. But it's also important that we look at the whole value chain. The UNWTO together with the One Planet Sustainable Tourism Programme just launched the Glasgow Declaration, which includes green commitments from destinations and companies. We’re seeing a strong movement in the airline industry to reduce emissions. But I think, obviously, technological developments will be very important. But it's also very important to look at market shifts. And we can't forget small islands and developing states that rely on long-haul air travel. It’s important to make sure that we invest in making the problem much less impactful.

Liz Ortiguera: 'Travel and tourism' is such a broad encompassing term that it’s not fair to call it an industry: it is actually a sector of many industries. The pandemic taught us how broad the impact of the sector is in terms of sustainability. There's a big movement in terms of destination resilience, which is the foundation for achieving sustainability in the journey to net-zero. We now have standards to mitigate that impact including meetings-and-events (MIE) standards and standards for tour operators. There are multiple areas within our industry where progress is being made. And I'm really encouraged by the fact that there is such a focus not just within the sector but also among consumers.

This interview was first done at the World Economic Forum's studios in Geneva as part of 'Our World in Transformation' - a live interactive event series for our digital members. To watch all the episodes and join future sessions, please subscribe here .

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Travel, Tourism & Hospitality

Global tourism industry - statistics & facts

What are the leading global tourism destinations, digitalization of the global tourism industry, how important is sustainable tourism, key insights.

Detailed statistics

Total contribution of travel and tourism to GDP worldwide 2019-2034

Number of international tourist arrivals worldwide 1950-2023

Global leisure travel spend 2019-2023

Editor’s Picks Current statistics on this topic

Leading global travel markets by travel and tourism contribution to GDP 2019-2023

Travel and tourism employment worldwide 2019-2034

Number of international tourist arrivals worldwide 2005-2023, by region

Further recommended statistics

• Basic Statistic Total contribution of travel and tourism to GDP worldwide 2019-2034
• Basic Statistic Travel and tourism: share of global GDP 2019-2034
• Basic Statistic Leading global travel markets by travel and tourism contribution to GDP 2019-2023
• Basic Statistic Global leisure travel spend 2019-2023
• Premium Statistic Global business travel spending 2001-2024
• Premium Statistic Number of international tourist arrivals worldwide 1950-2023
• Basic Statistic Number of international tourist arrivals worldwide 2005-2023, by region
• Basic Statistic Travel and tourism employment worldwide 2019-2034

Total contribution of travel and tourism to gross domestic product (GDP) worldwide in 2019 and 2023, with a forecast for 2024 and 2034 (in trillion U.S. dollars)

Travel and tourism: share of global GDP 2019-2034

Share of travel and tourism's total contribution to GDP worldwide in 2019 and 2023, with a forecast for 2024 and 2034

Total contribution of travel and tourism to GDP in leading travel markets worldwide in 2019 and 2023 (in billion U.S. dollars)

Leisure tourism spending worldwide from 2019 to 2023 (in billion U.S. dollars)

Global business travel spending 2001-2024

Expenditure of business tourists worldwide from 2001 to 2024 (in billion U.S. dollars)

Number of international tourist arrivals worldwide from 1950 to 2023 (in millions)

Number of international tourist arrivals worldwide from 2005 to 2023, by region (in millions)

Number of travel and tourism jobs worldwide from 2019 to 2023, with a forecast for 2024 and 2034 (in millions)

• Premium Statistic Global hotel and resort industry market size worldwide 2022-2023
• Premium Statistic Most valuable hotel brands worldwide 2023, by brand value
• Basic Statistic Leading hotel companies worldwide 2023, by number of properties
• Premium Statistic Number of hotels in the construction pipeline worldwide 2024
• Premium Statistic Number of hotel rooms in the construction pipeline worldwide 2024
• Premium Statistic Countries with the most hotel construction projects in the pipeline worldwide 2024

Global hotel and resort industry market size worldwide 2022-2023

Market size of the hotel and resort industry worldwide in 2022 and 2023 (in trillion U.S. dollars)

Most valuable hotel brands worldwide 2023, by brand value

Leading hotel brands based on brand value worldwide in 2023 (in billion U.S. dollars)

Leading hotel companies worldwide 2023, by number of properties

Leading hotel companies worldwide as of June 2023, by number of properties

Number of hotels in the construction pipeline worldwide 2024

Number of hotels in the construction pipeline worldwide as of the first quarter of 2024

Number of hotel rooms in the construction pipeline worldwide 2024

Number of hotel rooms in the construction pipeline worldwide as of the first quarter of 2024

Countries with the most hotel construction projects in the pipeline worldwide 2024

Countries with the highest number of hotel construction projects in the pipeline worldwide as of the first quarter of 2024

• Premium Statistic Airports with the most international air passenger traffic worldwide 2023
• Premium Statistic Market value of selected airlines worldwide 2024
• Premium Statistic Global passenger rail users forecast 2017-2028
• Premium Statistic Daily ridership of bus rapid transit systems worldwide by region 2023
• Premium Statistic Number of users of car rentals worldwide 2020-2029
• Premium Statistic Number of users in selected countries in the Car Rentals market in 2023
• Premium Statistic Carbon footprint of international tourism transport worldwide 2005-2030, by type

Airports with the most international air passenger traffic worldwide 2023

Leading airports for international air passenger traffic in 2023 (in million international passengers)

Market value of selected airlines worldwide 2024

Market value of selected airlines worldwide as of May 2024 (in billion U.S. dollars)

Global passenger rail users forecast 2017-2028

Worldwide number of passenger rail users from 2017 to 2023, with a forecast through 2028 (in billion users)

Daily ridership of bus rapid transit systems worldwide by region 2023

Number of daily passengers using bus rapid transit (BRT) systems as of April 2023, by region

Number of users of car rentals worldwide 2020-2029

Number of users of car rentals worldwide from 2020 to 2029 (in millions)

Number of users in selected countries in the Car Rentals market in 2023

Number of users in selected countries in the Car Rentals market in 2023 (in million)

Carbon footprint of international tourism transport worldwide 2005-2030, by type

Transport-related emissions from international tourist arrivals worldwide in 2005 and 2016, with a forecast for 2030, by mode of transport (in million metric tons of carbon dioxide)

Attractions

• Premium Statistic Most visited museums worldwide 2019-2023
• Basic Statistic Most visited amusement and theme parks worldwide 2023
• Basic Statistic Monuments on the UNESCO world heritage list 2023, by type
• Basic Statistic Selected countries with the most Michelin-starred restaurants worldwide 2024

Most visited museums worldwide 2019-2023

Museums with the highest attendance worldwide from 2019 to 2023 (in millions)

Most visited amusement and theme parks worldwide 2023

Leading amusement and theme parks worldwide 2023, by attendance (in millions)

Monuments on the UNESCO world heritage list 2023, by type

Number of monuments on the UNESCO world heritage list as of September 2023, by type

Selected countries with the most Michelin-starred restaurants worldwide 2024

Number of Michelin-starred restaurants in selected countries and territories worldwide as of August 2024

Online travel market

• Premium Statistic Online travel market size worldwide 2017-2028
• Premium Statistic Estimated desktop vs. mobile revenue of leading OTAs worldwide 2023
• Premium Statistic Number of aggregated downloads of leading online travel agency apps worldwide 2023
• Basic Statistic Market cap of leading online travel companies worldwide 2023
• Premium Statistic Estimated EV/Revenue ratio in the online travel market 2024, by segment
• Premium Statistic Estimated EV/EBITDA ratio in the online travel market 2024, by segment

Online travel market size worldwide 2017-2028

Online travel market size worldwide from 2017 to 2023, with a forecast until 2028 (in billion U.S. dollars)

Estimated desktop vs. mobile revenue of leading OTAs worldwide 2023

Estimated desktop vs. mobile revenue of leading online travel agencies (OTAs) worldwide in 2023 (in billion U.S. dollars)

Number of aggregated downloads of leading online travel agency apps worldwide 2023

Number of aggregated downloads of selected leading online travel agency apps worldwide in 2023 (in millions)

Market cap of leading online travel companies worldwide 2023

Market cap of leading online travel companies worldwide as of September 2023 (in million U.S. dollars)

Estimated EV/Revenue ratio in the online travel market 2024, by segment

Estimated enterprise value to revenue (EV/Revenue) ratio in the online travel market worldwide as of April 2024, by segment

Estimated EV/EBITDA ratio in the online travel market 2024, by segment

Estimated enterprise value to EBITDA (EV/EBITDA) ratio in the online travel market worldwide as of April 2024, by segment

Selected trends

• Premium Statistic Share of tech investments by travel and mobility corporations worldwide 2018-2024
• Premium Statistic Use of mobile devices to plan travel with an AI chatbot worldwide 2023, by country
• Premium Statistic Global travelers who believe in the importance of green travel 2024
• Premium Statistic Reasons for traveling sustainably worldwide 2024
• Premium Statistic Airbnb revenue worldwide 2017-2023
• Premium Statistic Airbnb nights and experiences booked worldwide 2017-2023

Share of tech investments by travel and mobility corporations worldwide 2018-2024

Distribution of tech investment deals by travel and mobility corporations worldwide between 2018 and 2024, by area of investment

Use of mobile devices to plan travel with an AI chatbot worldwide 2023, by country

Share of travelers who used a mobile device to plan or research travel with an AI chatbot worldwide as of October 2023, by country

Global travelers who believe in the importance of green travel 2024

Share of travelers that believe sustainable travel is important worldwide in 2024

Reasons for traveling sustainably worldwide 2024

Factors that inspire eco-friendly travel worldwide as of February 2024

Airbnb revenue worldwide 2017-2023

Revenue of Airbnb worldwide from 2017 to 2023 (in billion U.S. dollars)

Airbnb nights and experiences booked worldwide 2017-2023

Nights and experiences booked with Airbnb from 2017 to 2023 (in millions)

• Premium Statistic Travel and tourism revenue worldwide 2020-2029, by segment
• Premium Statistic Distribution of sales channels in the travel and tourism market worldwide 2019-2029
• Premium Statistic Inbound tourism visitor growth worldwide 2020-2025, by region
• Premium Statistic Outbound tourism visitor growth worldwide 2020-2025, by region

Travel and tourism revenue worldwide 2020-2029, by segment

Revenue of the travel and tourism market worldwide from 2020 to 2029, by segment (in billion U.S. dollars)

Distribution of sales channels in the travel and tourism market worldwide 2019-2029

Revenue share of sales channels of the travel and tourism market worldwide from 2019 to 2029

Inbound tourism visitor growth worldwide 2020-2025, by region

Inbound tourism visitor growth worldwide from 2020 to 2022, with a forecast until 2025, by region

Outbound tourism visitor growth worldwide 2020-2025, by region

Outbound tourism visitor growth worldwide from 2020 to 2022, with a forecast until 2025, by region

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Novosibirsk

Novosibirsk tourist information and tourism, (novosibirsk, siberia, russia), novosibirsk tourist information and tourism: top sights, more novosibirsk information / fast facts and orientation.

• Country: Russia (Russian Federation)
• Location: Novosibirsk Oblast region / Southern Siberia
• Status: city / capital of Siberia
• Area: approximately 193 square miles / 500 square kilometres
• Population: approximately 1.5 million
• Language: Russian
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• Country dialing code: +7
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• Average daily Novosibirsk January temperature: -14°C / 7°F
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Climate Change Threatens Maldives' Fisheries and Tourism, Urgent Adaptation Needed

MALE’, September 17, 2024 – The Maldives’ economy relies heavily on tourism and fisheries, two sectors that comprise nearly half of the nation’s GDP and employment. These crucial industries are facing severe risks due to climate change, according to a new World Bank Group report released today.

The Maldives Country Climate and Development Report (CCDR) finds significant threats to the country's natural capital, especially to its marine ecosystems, and warns that the impacts on coral reefs and fisheries, already visible, will worsen sharply by mid-century under both high and moderate emission scenarios. This degradation could have devastating effects on the Maldives' economy and environment. To address these risks, the CCDR outlines critical pathways for climate adaptation, including necessary fiscal reforms to safeguard these sectors and ensure overall economic stability.

Maldives’ coral reefs, essential for beach formation, coastal protection and tourism, are degrading rapidly. The CCDR projects that nearly all coral cover among reefs could disappear if global temperatures rise above 2°C, emphasizing the urgent need for both global emission reductions and stronger local conservation measures.

The report assesses the impacts of sea-level rise, projecting an increase of up to 0.9 meters by 2100. Without effective adaptation strategies, coastal flooding could severely damage up to 3.3 percent of the Maldives' total assets by 2050 during typical 10-year floods, resulting in damages of US$0.7–1.1 billion of GDP. Strategic investments in adaptation could cut almost in half the projected GDP impact of sea-level rise—from a reduction of 11 percentage points under a high-emission scenario to less than 6 percentage points with sustained reconstruction and adaptation investments.

High public spending on infrastructure has pushed public debt to 123 percent of GDP in 2023, raising concerns about debt sustainability. This financial strain complicates the Maldives' ability to fund critical climate and strategic investments, making fiscal reforms and external financing essential for building resilience.

“Maldives is at a critical juncture where the impacts of climate change and ongoing economic challenges converge,” said David Sislen, World Bank Country Director for Maldives, Nepal, and Sri Lanka. “The Maldives Country Climate Development Report outlines a pathway for the country to not only safeguard its natural assets, but also to build a more resilient and sustainable economy. The World Bank stands ready to support the Maldives on its journey to green and climate resilient growth.”

The CCDR highlights that over 90 percent of resorts surveyed report beach erosion, and 60% have suffered infrastructure damage—impacts linked to both island development practices and climate change. Fisheries could see a decline in fish catch ranging from nearly 17 to 100 percent by the end of the century, depending on the emissions scenario, making urgent adaptation, including diversifying fisheries and developing climate-resilient infrastructure, imperative.

“Unlocking the full potential of private climate finance is crucial to address the climate crisis, and build resilient, sustainable economies. As a country that stands prominently on the frontline of climate-driven crises, the Maldives can accelerate its journey towards climate resilience and green growth by leveraging private sector investment through sustainable, innovative financial instruments and strategic partnerships. IFC remains committed to supporting the Maldives in achieving its climate and development goals, steering the country towards a resilient, sustainable future,” said Imad Fakhoury, IFC’s Regional Director for South Asia.

The Maldives CCDR identifies six key objectives and offers policy recommendations:

• Build fiscal and external buffers to ensure macroeconomic stability and finance climate action : Key measures include removing blanket subsidies, providing targeted cash transfers, streamlining public infrastructure investments, improving healthcare efficiency, and reducing inefficiencies in State-Owned Enterprises (SOEs). These actions will help mitigate fiscal and external risks, build investor confidence, and create space for climate-related spending.
• Mobilize climate finance through new and existing channels : Operationalizing the Climate Finance Hub, developing a climate investment plan, and creating a national carbon market strategy will be crucial for mobilizing the necessary finance for climate action.
• Enhance the climate resilience of islands and infrastructure: National Adaptation Plans should integrate sea-level rise, flooding, and ocean heating scenarios into development planning. Adaptation investments should consider a mix of hard protection infrastructure, nature-based solutions, and island raising, tailored to the specific needs of each island.
• Enhance the climate resilience of ecosystems: Developing a coral management and investment plan, strengthening institutions like the Maldives Marine Research Institute (MMRI), and expanding Marine Protected Areas (MPAs) are critical steps to preserve the Maldives' marine ecosystems.
• Enhance the climate resilience of livelihoods, particularly in fisheries and tourism: Research on the impacts of climate change on fish migration, diversification into mariculture, and strengthening regulations for climate-resilient infrastructure in tourism are necessary to protect these vital sectors.
• Unlock the development benefits from green transitions in key sectors such as energy, mobility, and waste : Phasing out fossil fuel subsidies, mandating renewable energy use in resorts, and promoting green mobility will drive sustainable development.

The report underscores that adaptation to rising sea levels and related flooding alone will require investments of $2 to $4 billion. It calls for policy reforms to ensure macroeconomic stability and create the fiscal space needed for these critical public investments. The CCDR also highlights the importance of exploring concessional financing, carbon markets, and expanding public-private partnerships to meet the financing needs.

“Mobilizing the necessary financing for climate action in the Maldives requires a concerted effort from all stakeholders, including the international community,” said Hiroshi Matano, MIGA Executive Vice President . “The new World Bank Group Guarantee platform focuses on facilitating investments that enhance climate resilience and foster sustainable development. Through our guarantees, we aim to de-risk private investments and unlock new sources of finance for the Maldives’ climate agenda.”

About Country Climate and Development Reports

The World Bank Group’s Country Climate and Development Reports are core diagnostic reports that integrate climate change and development considerations. They help countries prioritize the most impactful actions that can reduce greenhouse gas (GHG) emissions and boost adaptation while delivering on broader development goals. CCDRs build on data and rigorous research and identify main pathways to reduce GHG emissions and climate vulnerabilities, including the costs and challenges as well as benefits and opportunities from doing so. The reports suggest concrete, priority actions to support the low-carbon, resilient transition. As public documents, CCDRs aim to inform governments, citizens, the private sector, and development partners and enable engagements with the development and climate agenda. CCDRs will feed into other core Bank Group diagnostics, country engagements, and operations, and help attract funding and direct financing for high-impact climate action.

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Top Things To Do And See In Novosibirsk, Russia

After the world-famous St Petersburg and Moscow , Novosibirsk is Russia ‘s third most important city. Off limits to foreigners during Soviet times, this beautifully historic town is only just being discovered by outsiders and its unspoiled nature makes Novosibirsk the ideal place to gain a true and authentic taste of Russia.

The state art museum.

Novosibirsk’s Art Museum is one of the most extensive art galleries in the whole of Siberia. This cultural capital of the Siberian region houses everything from sculpture, to ancient local crafts, to fine paintings, to exquisite Russian Orthodox icons, to the most cutting edge of Russia’s modern art, and with over 10,000 exhibits, there’ll be no end of masterpieces to explore. The immense, grey art deco building is one of the city’s most striking sights and a must-visit for any art buffs travelling the Siberian region.

The Alexander Nevsky Cathedral

Completed in 1898, this historic cathedral was one of the first buildings in Novosibirsk to be made of stone. The immense domes, sweeping arches, and superb brickwork are characteristic of the Neo-Byzantine style of Russian architecture at the time and the Alexander Nevsky Cathedral is one of the finest examples of this style. The gleaming gold dome still retains all the glory of its past and the peaceful interior of the cathedral itself acts as a wonderfully tranquil hideaway from the hustle and bustle of Novosibirsk’s main streets.

The Lenina Square

The beating heart of Novosibirsk: this square is a center of activity, culture , and local life. Lenina Square is home to many of the city’s most important buildings and also acts as an exhibition of some of the city’s most spectacular architecture. The square is a perfect place to soak up the unique architecture, bustling atmosphere, and fabulous culture of Novosibirsk. The Novosibirsk Philharmonic Orchestra, the State Concert Hall, the city hall, and the humongous Opera and Ballet Theatre, are all to be found here, radiating out from the square’s focal point: an enormous statue of leader of the Russian Revolution and Russia’s most infamous socialist, Vladimir Lenin . Many lush green parks are located just a stone’s throw from Lenina Square.

Novosibirsk Opera and Ballet Theatre

Inaugurated in 1945, the Novosibirsk Opera and Ballet Theatre is famous both across Russia and the world for hosting world-class performances of opera and ballet . The repetoire is chock-a-block with masterpieces and the building itself is a sight to behold. The theater is famed for being the largest in Russia, larger even than Moscow ‘s celebrated Bolshoi Theatre. With its three halls, the largest seating around 2,000 people, the Novosibirsk Opera and Ballet Theatre has a simply huge capacity. Due to its size and grandeur, many have dubbed it the ‘Siberian Coliseum’.

Novosibirsk Zoo

This world-famous zoo is home to over 10,000 different exotic animals, around 150 of these from the World Red Book of Threatened Species . Its idyllic pine forest setting makes it a wonderfully natural getaway from the city center, but at only a 10 minute bus ride from Novosibirsk’s centre, the zoo remains a very accessible attraction. The Novosibirsk zoological gardens play a vital role in protecting wildlife across the world and saving endangered species from extinction. Almost 40 different captive breeding programs here ensure that exotic species are preserved and allowed to thrive in as natural an environment as possible. In 2012 the zoo was the site of the birth of a hugely rare liger cub, with a male lion and female liger (half lion, half tiger) for parents.

Try Siberian cuisine

A natural haven, the wildlife of the Siberian region is some of the rarest and most iconic on earth. This has hugely impacted the Siberian cuisine which is one of the most interesting in the world. The fabulous restaurants here offer unparalleled opportunities for trying rare meats and fish. Siberian pelmeni (traditional dumplings) are a delicacy across Russia and certainly worth a try. The freshness of the produce in this city makes Novosibirsk one of the best places to try traditional Russian delicacies such as caviar. Novosibirsk’s food scene is one of the best and most varied in Russia.

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The USSR Museum

This fascinating museum prioritizes interactivity to draw visitors right into the world of the Soviet Union . Crossing the entrance way, you’ll feel as though you’ve been transported back in time to a world of Socialism, monumental architecture, and 20th century culture. The space is designed to resemble a typical family home during the Communist period and gives visitors an intriguing snapshot of Russia’s Soviet past . Rumor has it that the building itself was a former headquarters for the KGB. The USSR Museum is a true treasure trove of vintage clothes, busts of Soviet leaders, historic toys, and other curiosities that are sure to keep you entertained for hours on end.

The Museum of Regional Studies

This museum is home to numerous exhibits on local history and nature and is one of Siberia’s most important museums. With around 200,000 artifacts and exhibits spanning around 150,000 years of Siberia’s history, the collection here is simply staggering. Discover the fascinating facts and enthralling details of the native people and local cultural of this world-famous region. Siberia’s inhospitable climate caused the local population to evolve its own, very distinctive culture and way of life which makes the area feel almost like a nation of its own, far removed from modern, European St Petersburg and Moscow.

The N. K. Rerikh Museum

Nicholas Rerikh , also known as Roerich, was one of Russia’s most influential painters as well as being a writer, philosopher, and archaeologist. The N. K. Rerikh Museum is dedicated to the life and work of this fascinating man who was, on numerous occasions, nominated for the Nobel Peace Prize. Many of the artist’s stunning paintings are displayed alongside artifacts from his life and details about the man himself. His five-year trek around the Himalayas and Central Asia is often featured in Rerikh’s landscapes – famed for their breathtaking beauty and striking colors. Free classical concerts are held here on the third Saturday of every month.

The Novosibirsk Planetarium

Only unveiled in 2012, this new addition to Novosibirsk’s excellent array of attractions has already earned itself a fine reputation across the entire country. This planetarium , the fourth largest in Russia, was named in 2015 the best social infrastructure in the country. You won’t need to be an astronomy buff to appreciate the beauty and scale of the solar system through Novosibirsk Planetarium’s observatory and star hall. The center is stunningly located overlooking a natural plateau and surrounded by an astronomically themed park. The park’s lush green alleys are dotted with representations of the sun, planets, and many comets. Observations often coincide with important astronomic events and the center is also home to a café and Foucault tower with a pendulum that demonstrates the earth’s rotation.

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37 Facts About Novosibirsk

Written by Adelice Lindemann

Modified & Updated: 05 Sep 2024

Reviewed by Sherman Smith

Novosibirsk, often referred to as the “Capital of Siberia,” is a vibrant and dynamic city located in southwestern Russia. With a population exceeding 1.5 million residents, it is the third most populous city in Russia and serves as the administrative center of the Novosibirsk Oblast.

Nestled along the banks of the Ob River, Novosibirsk is renowned for its rich cultural heritage, scientific advancements, and picturesque landscapes. As the largest city in Siberia, it offers a perfect blend of modern and traditional attractions, making it a fascinating destination for both locals and tourists.

In this article, we will delve into 37 interesting facts about Novosibirsk, shedding light on its history, architecture, natural wonders, and cultural significance. Whether you are planning a visit or simply curious about this intriguing city, these facts will give you a deeper understanding of what Novosibirsk has to offer.

Key Takeaways:

• Novosibirsk, the “Capital of Siberia,” is a vibrant city with a rich cultural scene, stunning natural landscapes, and a strong sense of community, offering a high quality of life for its residents.
• From being a major industrial and transportation hub to hosting world-class cultural institutions and scientific research centers, Novosibirsk is a dynamic city with a diverse culinary scene and a thriving IT and tech industry.

Novosibirsk is the third-largest city in Russia.

Situated in southwestern Siberia, Novosibirsk has a population of over 1.6 million people, making it one of the largest and most vibrant cities in the country.

The city was founded in 1893.

Novosibirsk was established as a railway junction on the Trans-Siberian Railway, playing a significant role in the development of Siberia.

It is known as the “Capital of Siberia”.

Due to its economic and cultural significance, Novosibirsk is often referred to as the capital of Siberia.

Novosibirsk is a major industrial center.

The city is home to a wide range of industries, including machinery manufacturing, chemical production, energy, and metallurgy .

It is famous for its scientific and research institutions.

Novosibirsk hosts several renowned scientific and research institutions, contributing to advancements in various fields including nuclear physics, chemistry, and biotechnology.

The Novosibirsk Opera and Ballet Theatre is one of the largest in Russia.

This iconic cultural institution showcases world-class ballet and opera performances and is a must-visit for art enthusiasts visiting the city .

The city has a vibrant theater scene.

Novosibirsk boasts numerous theaters, showcasing a wide variety of performances from traditional plays to experimental productions.

Novosibirsk is a major transportation hub.

Thanks to its strategic location on the Trans-Siberian Railway, the city serves as a crucial transportation hub connecting Siberia with other regions of Russia .

The Ob River flows through Novosibirsk.

The majestic Ob River adds to the city’s natural beauty and provides opportunities for recreational activities such as boating and fishing.

Novosibirsk is known for its harsh winter climate.

With temperatures dropping well below freezing in winter, the city experiences a true Siberian winter with snowy landscapes.

The Novosibirsk Zoo is one of the largest and oldest in Russia.

Home to a wide variety of animal species, including rare and endangered ones, the Novosibirsk Zoo attracts visitors from near and far.

Novosibirsk is a center for academic excellence.

The city is home to Novosibirsk State University, one of the top universities in Russia, renowned for its research and education programs.

The Novosibirsk Metro is the newest metro system in Russia.

Opened in 1985, the Novosibirsk Metro provides efficient transportation for residents and visitors alike.

Novosibirsk is surrounded by picturesque nature.

Surrounded by stunning landscapes, including the Altai Mountains and the Novosibirsk Reservoir, the city offers numerous opportunities for outdoor activities.

The Novosibirsk State Circus is famous for its performances.

Showcasing talented acrobats , clowns, and animal acts, the Novosibirsk State Circus offers entertaining shows for all ages.

Novosibirsk is home to a thriving art scene.

The city is dotted with art galleries, showcasing the works of local and international artists .

Novosibirsk has a diverse culinary scene.

From traditional Russian cuisine to international flavors, the city offers a wide range of dining options to satisfy all taste buds.

The Novosibirsk State Museum of Local History is a treasure trove of historical artifacts.

Exploring the museum gives visitors an insight into the rich history and culture of the region.

Novosibirsk is known for its vibrant nightlife.

The city is home to numerous bars, clubs, and entertainment venues, ensuring a lively atmosphere after dark.

Novosibirsk has a strong ice hockey tradition.

Ice hockey is a popular sport in the city, with local teams competing in national and international tournaments.

The Novosibirsk State Philharmonic Hall hosts world-class musical performances.

Music lovers can enjoy classical concerts and symphony orchestra performances in this renowned venue.

Novosibirsk is home to the Akademgorodok, a scientific research town.

Akademgorodok is a unique scientific community located near Novosibirsk, housing numerous research institutes and academic organizations.

Novosibirsk has a unique blend of architectural styles.

The city features a mix of Soviet-era buildings, modern skyscrapers, and historic structures, creating an eclectic cityscape.

Novosibirsk is an important center for ballet training and education.

The city’s ballet schools and academies attract aspiring dancers from across Russia and abroad.

Novosibirsk is a gateway to the stunning Altai Mountains.

Located nearby, the Altai Mountains offer breathtaking landscapes, hiking trails, and opportunities for outdoor adventures.

Novosibirsk hosts various cultural festivals throughout the year.

From music and theater festivals to art exhibitions, the city’s cultural calendar is always packed with exciting events.

Novosibirsk is a green city with numerous parks and gardens.

Residents and visitors can enjoy the beauty of nature in the city’s well-maintained parks and botanical gardens.

Novosibirsk is a center for technology and innovation.

The city is home to several technology parks and innovation centers, fostering the development of cutting-edge technologies.

Novosibirsk has a strong sense of community.

The residents of Novosibirsk are known for their hospitality and friendly nature, making visitors feel welcome.

Novosibirsk is a paradise for shopping enthusiasts.

The city is dotted with shopping malls, boutiques, and markets, offering a wide range of shopping options.

Novosibirsk has a rich literary heritage.

The city has been home to many famous Russian writers and poets, and their works are celebrated in literary circles.

Novosibirsk is a popular destination for medical tourism.

The city is known for its advanced medical facilities and expertise, attracting patients from around the world.

Novosibirsk has a well-developed public transportation system.

With buses, trams, trolleybuses, and the metro, getting around the city is convenient and efficient.

Novosibirsk is a city of sport.

The city has a strong sports culture, with numerous sports facilities and opportunities for athletic activities .

Novosibirsk has a thriving IT and tech industry.

The city is home to numerous IT companies and startups, contributing to the development of the digital economy.

Novosibirsk celebrates its anniversary every year on July 12th.

The city comes alive with festivities, including concerts, fireworks, and cultural events, to commemorate its foundation.

Novosibirsk offers a high quality of life.

With its excellent educational and healthcare systems, cultural amenities, and vibrant community, Novosibirsk provides a great living environment for its residents.

Novosibirsk is a fascinating city filled with rich history, stunning architecture, and a vibrant cultural scene. From its origins as a small village to becoming the third-largest city in Russia, Novosibirsk has emerged as a major economic and cultural hub in Siberia . With its world-class universities, theaters, museums, and natural attractions, Novosibirsk offers a myriad of experiences for visitors.

Whether you’re exploring the impressive Novosibirsk Opera and Ballet Theater, strolling along the picturesque banks of the Ob River, or immersing yourself in the city’s scientific and technological achievements at the Akademgorodok, Novosibirsk has something for everyone.

From its iconic landmarks such as the Alexander Nevsky Cathedral to its vibrant festivals like the International Jazz Festival , Novosibirsk has a unique charm that will captivate any traveler. So, make sure to include Novosibirsk in your travel itinerary and discover the hidden gems of this remarkable city.

Q: What is the population of Novosibirsk?

A: As of 2021, the estimated population of Novosibirsk is around 1.6 million people.

Q: Is Novosibirsk a safe city to visit?

A: Novosibirsk is generally considered a safe city for tourists. However, it is always recommended to take standard precautions such as avoiding unfamiliar areas at night and keeping your belongings secure.

Q: What is the best time to visit Novosibirsk?

A: The best time to visit Novosibirsk is during the summer months of June to September when the weather is pleasant and suitable for outdoor activities. However, if you enjoy the winter chill and snow, visiting during the winter season can also be a unique experience.

Q: Are there any interesting cultural events in Novosibirsk?

A: Yes, Novosibirsk is known for its vibrant cultural scene. The city hosts various festivals throughout the year, including the International Jazz Festival, Novosibirsk International Film Festival, and the Siberian Ice March Festival.

Q: Can I visit Novosibirsk without knowing Russian?

A: While knowing some basic Russian phrases can be helpful, many establishments in Novosibirsk, especially tourist areas, have English signage and staff who can communicate in English. However, learning a few essential Russian phrases can enhance your travel experience.

Novosibirsk's captivating history and vibrant culture make it a must-visit destination for any traveler. From its humble beginnings as a small settlement to its current status as Russia's third-largest city, Novosibirsk has a story worth exploring. If you're a sports enthusiast, don't miss the opportunity to learn more about the city's beloved football club , FC Sibir Novosibirsk. With its rich heritage and passionate fan base, the club has become an integral part of Novosibirsk's identity.

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MLB's travel plans for '24: Seoul, Mexico City, London, D.R.

David Adler

The MLB World Tour is coming to four international destinations in 2024: London, Mexico City, Seoul and Santo Domingo. 

The Seoul Series will be the opener of the 2024 MLB regular season -- and will mark the first MLB regular-season games ever played in Korea. 

Major League Baseball and the MLB Players Association announced the full plans for the four series on Wednesday.

• Seoul Series: Dodgers vs. Padres, March 20-21 (MLB season opener) • Mexico City Series: Astros vs. Rockies, April 27-28 • London Series: Mets vs. Phillies, June 8-9 • Dominican Republic Series: Red Sox vs. Rays, March 9-10 (Spring Training)

• MLB international

"Major League Baseball is incredibly excited for this extensive slate of international games in 2024," Commissioner Rob Manfred said. "Our recent efforts have produced strong enthusiasm around the globe, and we look forward to building on that foundation with returns to Mexico City and London, while also opening the season in Korea for the first time. In addition, we can’t wait to celebrate the tradition of the sport in the Dominican Republic with our visit to Santo Domingo next March. We are thrilled that our fans across four different countries outside the United States and Canada will have the opportunity to see the game’s stars."

The MLB World Tour schedule for next year includes the return of games to the United Kingdom and Mexico for a second consecutive season, after the 2023 London Series between the Cubs and Cardinals and Mexico City Series between the Giants and Padres, in addition to new stops in Korea and the Dominican Republic.

“Players have a deep interest in growing baseball around the world. No matter where they come from, players are linked by a passion for our game that transcends different languages, cultures, and nationalities,” said Tony Clark, the executive director of the MLB Players Association. “The series announced today will allow fans around the globe to gain a first-hand appreciation for the unmatched skill and infectious enthusiasm players display every time they go to work. We are excited to expand our international presence in new communities and celebrate the game we all love.”

Here's a look at each of the four international series in 2024.

Seoul Series

The Dodgers and Padres will open up the 2024 season with two games in Korea from March 20-21.  

The Seoul Series will mark the ninth time that the MLB season has opened outside the 50 U.S. states and Canada, and the first time in five years. Previous international openers include:

• 1999 -- Monterrey, Mexico (Rockies vs. Padres) • 2000 -- Tokyo, Japan (Mets vs. Cubs) • 2001 -- San Juan, Puerto Rico (Rangers vs. Blue Jays) • 2004 -- Tokyo, Japan (Rays vs. Yankees) • 2008 -- Tokyo, Japan (Red Sox vs. A's) • 2012 -- Tokyo, Japan (A's vs. Mariners) • 2014 -- Sydney, Australia (Dodgers vs. D-backs) • 2019 -- Tokyo, Japan (A's vs. Mariners)

It will be the Dodgers' first international games since they played the Padres in Mexico in 2018, and their second Opening Day abroad after the 2014 season opener in Australia.

"The Dodgers have a long and proud history of helping to grow the game abroad, highlighted by our trips to Mexico, China and Australia. It's very exciting to add Korea to the list," Dodgers president Stan Kasten said. "I know our players are thrilled to put their talents on display in a country so rich with baseball tradition and talent, including former Dodgers Chan Ho Park, Hee-Seop Choi and Hyun Jin Ryu."

The Padres will be playing internationally for a second straight season, but in a new country, going from the 2023 Mexico City Series to the 2024 Seoul Series. Like the Dodgers, they've also played abroad on Opening Day before, in the inaugural international season opener back in 1999. 

"Korea is a great baseball country with a rich tradition, passionate fans, and talented players, including current Padre and San Diego fan favorite Ha-Seong Kim," Padres CEO Erik Greupner said. "The Padres are proud to serve alongside the Dodgers as global ambassadors for the game of baseball with our historic 2024 Korea Series."

Mexico City Series

The second Mexico City Series will feature the Astros and Rockies for a pair of games on April 27 and 28, almost exactly a year after this season's inaugural Mexico City Series.

Both Houston and Colorado last played internationally in Mexico, but in Monterrey, not Mexico City. The Astros played two regular-season games against the Angels there in 2019, and the Rockies played an exhibition series against the D-backs that same year.  

The Astros have played exhibition games in Mexico City before, in 2016 against the Padres and 2004 against the Marlins.

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London Series

The London Series returns for its third edition overall, with the Mets and Phillies facing off at London Stadium on June 8 and 9.

The Mets will be playing abroad for the first time since 2010, when they faced the Marlins in Puerto Rico. But they're no stranger to international games, having participated in both MLB's first-ever international regular season games in 1996 in Mexico and MLB's first-ever regular-season games in Japan in 2000.

• 2024 London Series will feature NL East rivalry in Mets-Phils

"Interest in baseball is growing all over the world, and to bring the Mets' 'never-say-die' attitude to sports fans in London is a tremendous honor," Mets owner Steve Cohen said. "Our Queens family is ready to show London a great time with exciting baseball and amazing experiences that create new fans and build the Mets community throughout the United Kingdom." 

The Phillies have never played regular-season games internationally, and have left the U.S. and Canada only once, over 50 years ago, for a pair of exhibition games against the Pirates in San Juan in 1977.

"Major League Baseball has done an excellent job of expanding its footprint internationally, and we are honored to play a role in that effort as part of the 2024 London Series," Phillies managing partner John Middleton said. "This will be a wonderful opportunity to showcase our players' talents and highlight the excitement that comes with a Phillies-Mets matchup for our fans in the UK and for those who have never attended a baseball game."

Dominican Republic Series

In addition to the three international regular-season series planned for in 2024, the Red Sox and Rays will play a Spring Training series in Santo Domingo at Estadio Quisqueya from March 9-10.

"This unique opportunity builds on our long-standing connection to the Dominican Republic and allows us to celebrate the remarkable talents and rich cultural heritage of a country whose passion for the game has distinctly shaped our organization," Red Sox president Sam Kennedy said. "From the players who have passed through our Dominican Republic Academy to those who have helped us win championships, we have been fortunate to witness the profound impact of Dominican players within our game, and we are thrilled to be able to bring Red Sox baseball to such a vibrant baseball community next year."

Exhibition games are also a key part of the MLB World Tour, which includes up to 16 exhibition games being played internationally between 2023 and ‘26, as well as up to 24 regular-season games spanning Asia, Europe and Latin America.

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Boeing says it’s considering temporary layoffs to save cash during the strike by machinists

Boeing wing mechanic lead Lee Lara, who has worked for the company for 16 years, yells in response to honks from passing drivers as workers wave picket signs while striking after union members voted to reject a contract offer, Sunday, Sept. 15, 2024, near the company's factory in Everett, Wash. (AP Photo/Lindsey Wasson)

SEATTLE — Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers’ strike that began last week , the company told employees Monday.

The company said the moves, which include reduced spending on suppliers, were necessary because “our business is in a difficult period.”

Chief Financial Officer Brian West detailed 10 immediate cutbacks in a memo to employees. They include a freeze on hiring across all levels, pausing pay increases for managers and executives who get promoted, and stopping all travel that isn’t critical.

“We are also considering the difficult step of temporary furloughs for many employees, managers and executives in the coming weeks,” West said.

Boeing’s business is in a difficult spot, he said, adding: “This strike jeopardizes our recovery in a significant way.”

About 33,000 workers represented by the International Association of Machinists and Aerospace Workers began a strike early Friday. The walkout came after workers rejected an offer of a 25% increase in pay over four years. The union originally sought a pay hike of at least 40%.

Representatives of the company and the union are scheduled to meet Tuesday with federal mediators. The union has started to survey its members to learn what they want most in a new contract.

Striking workers are picketing at several locations around Washington state, Oregon and California.

Outside Boeing’s huge factory in Everett, Washington, Nancie Browning, a materials-management specialist at Boeing for more than 17 years, said last week’s offer was worse than the one that prompted a two-month strike in 2008. She said that without annual bonuses that workers have come to depend on, the proposed pay increase was more like 9%, not 25%.

“We just want a piece of the pie like everybody else,” she said. “Why should we work all this overtime and bust our backs while these guys (Boeing executives) are sitting sitting up in their suites just raking in the cash?”

The bonuses have emerged as a flash point for union members. Workers say they range from $3,000 to $5,000 a year.

Boeing says it is hard to calculate bonuses in a way that is fair to 33,000 people who perform different jobs. So instead, the company proposes to ditch the payouts and replace them with automatic contributions of $4,160 per year to each employee’s 401(k) retirement account.

Workers are bitter that in contract extensions over the past 16 years, Boeing ended its traditional pension plan and lowered health care benefits.

Boeing workers greet other union members in a support van as they strike after voting to reject a contract offer Sunday, Sept. 15, 2024, near the company's factory in Everett, Wash. (AP Photo/Lindsey Wasson)

“We want our pension back,” said Jacob Bustad, a machinist with Boeing for 14 years who was also on the picket line in Everett. “We just keep losing and we never gain, while the people at the top just get more and more money. Boeing has done really good for me and my family, but these last years have been hard.”

Boeing has lost more than $25 billion since the start of 2019, and burned through $4.3 billion in the second quarter of 2024 alone as it stood poised to post another money-losing year. The strike will delay deliveries of new planes, which are an important source of cash for the company.

Stephanie Pope, the head of Boeing’s commercial-airplanes division, cited the company’s $60 billion in total debt in urging blue-collar workers to accept the contract offer last week. She called it the best offer Boeing had ever made — and endorsed by the union’s local president and negotiators.

But workers rejected the recommendation of their own leaders, which had not happened since 1995.

Additional cost-cutting moves spelled out in the chief financial officer’s memo included eliminating first- and business-class service for anyone on travel that is deemed critical, and stopping spending on outside consultants.

West also said Boeing plans to make “significant reductions in supplier expenditures” and will stop most supplier purchase orders related to the 737, 767 and 777 airplane models.

After the strike started, Moody’s put Boeing on review for a possible credit downgrade, and Fitch said a strike longer than two weeks would make a downgrade more likely. Both agencies rate Boeing debt one notch above non-investment or junk status.

Koenig reported from Dallas.

UN Tourism | Bringing the world closer

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International tourism growth continues to outpace the global economy

• All Regions
• 20 Jan 2020

1.5 billion international tourist arrivals were recorded in 2019, globally. A 4% increase on the previous year which is also forecast for 2020, confirming tourism as a leading and resilient economic sector, especially in view of current uncertainties. By the same token, this calls for such growth to be managed responsibly so as to best seize the opportunities tourism can generate for communities around the world.

According to the first comprehensive report on global tourism numbers and trends of the new decade, the latest UNWTO World Tourism Barometer, this represents the tenth consecutive year of growth.

All regions saw a rise in international arrivals in 2019. However, uncertainty surrounding Brexit, the collapse of Thomas Cook, geopolitical and social tensions and the global economic slowdown all contributed to a slower growth in 2019, when compared to the exceptional rates of 2017 and 2018. This slowdown affected mainly advanced economies and particularly Europe and Asia and the Pacific.

Looking ahead, growth of 3% to 4% is predicted for 2020, an outlook reflected in the latest UNWTO Confidence Index which shows a cautious optimism: 47% of participants believe tourism will perform better and 43% at the same level of 2019. Major sporting events, including the Tokyo Olympics, and cultural events such as Expo 2020 Dubai are expected to have a positive impact on the sector.

Responsible growth

Presenting the results, UNWTO Secretary-General Zurab Pololikashvili stressed that “in these times of uncertainty and volatility, tourism remains a reliable economic sector”. Against the backdrop of recently downgraded global economic perspectives, international trade tensions, social unrest and geopolitical uncertainty, “our sector keeps outpacing the world economy and calling upon us to not only grow but to grow better”, he added.

Given tourism’s position as a top export sector and creator of employment, UNWTO advocates the need for responsible growth. Tourism has, therefore, a place at the heart of global development policies, and the opportunity to gain further political recognition and make a real impact as the Decade of Action gets underway, leaving just ten years to fulfill the 2030 Agenda and its 17 Sustainable Development Goals.

The Middle East leads

The Middle East has emerged as the fastest-growing region for international tourism arrivals in 2019, growing at almost double the global average (+8%). Growth in Asia and the Pacific slowed down but still showed above-average growth, with international arrivals up 5%.

Europe where growth was also slower than in previous years (+4%) continues to lead in terms of international arrivals numbers, welcoming 743 million international tourists last year (51% of the global market). The Americas (+2%) showed a mixed picture as many island destinations in the Caribbean consolidated their recovery after the 2017 hurricanes while arrivals fell in South America due partly to ongoing social and political turmoil. Limited data available for Africa (+4%) points to continued strong results in North Africa (+9%) while arrivals in Sub-Saharan Africa grew slower in 2019 (+1.5%).

Tourism spending still strong

Against a backdrop of global economic slowdown, tourism spending continued to grow, most notably among the world’s top ten spenders. France reported the strongest increase in international tourism expenditure among the world’s top ten outbound markets (+11%), while the United States (+6%) led growth in absolute terms, aided by a strong dollar.

However, some large emerging markets such as Brazil and Saudi Arabia reported declines in tourism spending. China, the world’s top source market saw outbound trips increase by 14% in the first half of 2019, though expenditure fell 4%.

Tourism delivering ‘much-needed opportunities’

“The number of destinations earning US$1 billion or more from international tourism has almost doubled since 1998,” adds Mr Pololikashvili. “The challenge we face is to make sure the benefits are shared as widely as possible and that nobody is left behind. In 2020, UNWTO celebrates the Year of Tourism and Rural Development , and we hope to see our sector lead positive change in rural communities, creating jobs and opportunities, driving economic growth and preserving culture.”

This latest evidence of the strength and resilience of the tourism sector comes as the UN celebrates its 75th anniversary . During 2020, through the UN75 initiative the UN is carrying out the largest, most inclusive conversation on the role of global cooperation in building a better future for all, with tourism to be high on the agenda.

Related Links

• Download Excerpt of World Tourism Barometer, January 2020 (PDF)
• UNWTO World Tourism Barometer Nº18 January 2020
• Tourism in the 2030 Agenda
• Presentation (PDF)
• Infographics

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