Tourism Investment Report 2021
For the third consecutive year, fDI Intelligence, in association with the World Tourism Organization (WTO/UNWTO), released its publication on Foreign Direct Investment in Tourism, analysing investment and market data reflecting the pandemic impact on the global tourism industry.
The report notes that Western Europe has attracted the largest number of FDI projects in tourism in 2020, with 85 announcements, with accommodation remaining the main sub-sector, generating more than 29,870 jobs by 2020. According to WTO Secretary-General Zurab Pololikashvili, who wrote an opinion piece for the report, the tourism industry will change dramatically due to the aftermath of the pandemic, which has accelerated digitization across the value chain, expanded the adoption of new technologies and highlighted opportunities to decarbonize the sector.
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