Malta summit forecasts Europe will outpace global tourism growth

13-10-2026

Valletta hosted the industry's biggest annual gathering this week. The 26th Global Summit of the World Travel & Tourism Council, known among professionals as the "Davos of travel", ran from 7 to 9 October at the Mediterranean Conference Centre under the theme FUTU[RE]SET. More than two hundred executives and public officials and around a thousand delegates took part, and the organisers used the opening press conference to unveil a forecast that set the tone for the debates. Their message was clear: despite geopolitical headwinds, demand for travel in Europe remains resilient, and the industry now has to decide what kind of growth it wants.

According to the council's projections, European travel and tourism will grow by 3.1% in 2026, faster than the continent's wider economy and well ahead of the 2.5% expected for global tourism. The figure carries extra weight given the backdrop, with lingering tension in the Middle East and a cost-of-living squeeze that continues to strain household budgets. Even so, travellers do not seem ready to give up their getaways. Many appear to be prioritising experiences over possessions, even if that means choosing closer destinations or shorter stays.