The World Travel & Tourism Council (WTTC) has welcomed the launch of London's new traffic-free Oxford Street.
Described the initiative as an example of how cities can invest in tourism growth and visitor experience.
World Travel Market (WTM) Connection
-
The pedestrianisation was introduced just before World Travel Market (WTM), as global travel leaders gather in London.
-
Nearly one kilometre of Oxford Street has been permanently closed to traffic.
London Leading European Tourism Growth
-
WTTC forecasts Europe's Travel & Tourism sector will grow by 3.1% in 2026.
-
The sector recorded 2.6% growth in 2025.
-
London welcomed an estimated 16.4 million international visitors in 2025, making it one of the world's most visited cities.
WTTC's View
Gloria Guevara, President & CEO, WTTC
-
Said London demonstrates the benefits of treating Travel & Tourism as a strategic priority.
-
Described the Oxford Street transformation as a strong signal that the city is investing in visitor experience and tourism growth.
-
Highlighted that Travel & Tourism is expected to generate around one-third of all new jobs globally over the next decade.
Mayor of London’s Perspective
Sadiq Khan, Mayor of London
-
Said the pedestrianisation of Oxford Street will:
-
Boost jobs and economic growth
-
Unlock the potential of the West End
-
Create a greener and more prosperous London
Global Tourism Outlook
-
WTTC projects international visitor spending in Europe will increase by 5.8% in 2026.
-
Globally, Travel & Tourism is expected to contribute a record US$11.9 trillion to the economy.
-
The sector is forecast to support 375 million jobs worldwide, equivalent to one in nine jobs.
Call to Governments
-
WTTC urged governments to support tourism growth through:
-
Infrastructure investment
-
Skills development
-
Sustainable destination management
-
Improved connectivity
Winner of 'Best Emerging Travel & Tourism News Platform 2026' in APAC Business Awards 2026!
Home | News | Submit | Pay it Forward | Contact
© Travel Media. All rights reserved. Content on this site is protected under the Digital Millennium Copyright Act (DMCA). Unauthorized reproduction or distribution is strictly prohibited. Privacy