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World Travel & Tourism Council picks Madrid for new global headquarters

Dec 20, 2025
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World Travel & Tourism Council picks Madrid for new global headquarters
Spain has scored a major coup in the international travel arena. On 19 December the World Travel & Tourism Council (WTTC) confirmed that it will relocate its global headquarters from London to Madrid in early 2026, capping a competitive bidding process that pitted the Spanish capital against Dubai, Milan, Paris and Geneva.

WTTC’s 17-member Operating Committee cited six factors in Madrid’s favour: lower operating costs, generous government incentives, strong air connectivity via Adolfo Suárez Madrid-Barajas airport, proximity to other tourism bodies such as UN Tourism, a deep multilingual talent pool and streamlined Spanish visa procedures for non-EU specialists. The move will bring roughly 80 high-skill jobs to the city in its first phase, with a second-phase expansion planned once suitable premises are finalised.

From a policy perspective the relocation places WTTC – which represents more than 200 of the world’s largest airlines, hotel groups and travel technology firms – in the heart of the EU’s regulatory ecosystem just as Brussels debates the revised Schengen Borders Code and the delayed Entry/Exit biometric system. Spanish officials hope that hosting both UN Tourism and WTTC will turn Madrid into the “Geneva of global tourism” and generate spill-over investment for start-ups specialising in sustainable mobility and travel data analytics.

World Travel & Tourism Council picks Madrid for new global headquarters


For multinational companies the practical implications are two-fold. First, WTTC intends to expand its research arm, meaning more granular labour-market and visa-policy benchmarking that relocation teams can mine. Second, the Council plans to run quarterly round-tables with Spain’s ministries of Inclusion (immigration) and Transport, giving corporate travel buyers a new channel to lobby on issues such as airport slot allocation and digital nomad visas.

Brexit also played a role. WTTC executives noted continuing friction over UK work visas for non-nationals and the cost of seconding staff to London. Madrid’s status inside Schengen offers freedom of movement for EU nationals while its Startup Law provides a five-year non-resident tax regime that can be leveraged for inbound expatriates.

Assuming municipal planning approvals stay on track, WTTC will inaugurate its Calle de Serrano office during Fitur 2026, Spain’s flagship tourism fair, cementing the city’s new stature as a global mobility hub.
Source: Travel And Tour World

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