about
As a global development focused institution, the World Tourism Development Corporation focuses on the colossal travel and tourism industry worldwide by working towards economic, environmental and social sustainability supporting communities and people, countries and island nations, governments and institutions to seriously explore avenues, opportunities and possibilities optimizing on tourism as an economic pillar and accelerating accompanying economic clusters.
The World Tourism Development Bank (WTDB) is a special development bank. How we work, how we define governance and what role sustainability plays in the industry globally, building new travel ecosystems, creating new tourism marketplaces, driving its economic growth through major tourism investments accompanied with avant-garde and innovative finance propositions aiding least developed countries (LDC’s), middle-income countries (MICs) and small islands developing states (SIDS) supporting the framework for job creation and economic growth remains the propensity.
The provision of tourism loans in key economic or development areas vary across numerous sectors:
Agrotourism;
Creative Economy;
Conservation (Forest Reserves, National Parks, Wetlands, Wildlife Sanctuaries, World Heritage Sites, etc.);
Eco-resorts & innovative Hospitality-properties;
Economic development across LDC’s, MIC’s & SIDS;
Ethnic & indigenous ecosystems;
Galleries, Libraries, Archives & Museums (GLAM)
Green credit lines for tourism SMEs;
Health & wellness tourism;
Infrastructure development; and,
Intellectual properties (IP).
financing tools
WTDB’s financial solutions provide a combination of financial resources, knowledge and technical services, accompanied with expertise at each stage of a tourism project.
Its resources not only supply borrowings to countries and island nations with needed financing, but also serve as a vehicle for global knowledge transfer and technical assistance.
The financing instruments and tools include loans, guarantees, risk management products and advisory services ((including on a reimbursable basis) to governments at national and sub-national levels.
INCENTIVES MARKETPLACE
Investing in the tourism sector is at the heart of our ambitious roadmap and to fuel tourism investments in the sector, a suite of specialized incentives tailor-made to turn tourism aspirations into reality include:
Gateway to funding, expertise, and a network of industry leaders.
Specifically for promising startups looking to offer unique tourist experiences integrating AI & digital services/tools.
Land acquisition for tourism infrastructure development.
Focused on sustainable, innovative and locally impactful tourism business - placing emphasis on community based tourism.
Funding solution for investors in the hospitality industry wishing to modernize existing infrastructures and elevate their service standards.
Events Funding - International events designed to support participation from various nations, contributing to employment and economic development for host country.
the team
