Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Prince Harry says travel industry must do more for local communities
    Top Stories

    Prince Harry says travel industry must do more for local communities

    Published by Uma Rajagopal

    Posted on April 17, 2024

    2 min read

    Last updated: January 30, 2026

    Prince Harry emphasizes the importance of supporting local communities in tourism during a Travalyst meeting. His remarks highlight the need for a sustainable travel industry that benefits destinations and their custodians.
    Prince Harry discussing sustainable travel impact on local communities - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:sustainabilitylocal communitiesenvironmental issuescharitable projects

    Quick Summary

    LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in vacation destinations or there would be no tourism

    Prince Harry says travel industry must do more for local communities

    LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in vacation destinations or there would be no tourism business at all in the future.

    Speaking at the annual general meeting of Travalyst, an initiative he launched in 2019 with the aim of making the travel industry more sustainable, King Charles’ son said it was crucial to do more for those on whom the industry depended.

    “Travel and tourism relies on destinations, held together by communities, without which we have nowhere to travel to,” said Harry, who appeared by videolink from his home in California.

    “Communities are the beating heart of travel, and we must do better by the people who are the custodians of the places we visit.”

    The Travalyst scheme, an independent non-profit body backed by major tourism industry companies including Google, Booking.com, TripAdvisor, and Expedia, aims to help travellers to cut their carbon emissions, prevent over-tourism and develop local economies.

    Like his father, who has spoken out for more than 50 years on issues such as sustainability and climate change, Harry has also been a vocal champion of environmental causes.

    However, he and his wife Meghan have faced accusations of hypocrisy for taking private jets to attend engagements. The prince has previously said he only did so occasionally or in certain circumstances where he needed to keep his family safe, and that he always offsets his carbon dioxide emissions.

    Harry founded Travalyst before he and his wife – the Duke and Duchess of Sussex – stepped down from their official royal roles in 2020, and since then they have embarked on a number of projects.

    This week Meghan launched her new lifestyle brand American Riviera Orchard, sending jars of strawberry jam to a small number of selected recipients.

    Earlier this month, the couple announced they would produce two more Netflix shows that will focus on cooking and a U.S. polo championship.

    (Reporting by Michael Holden; Editing by Ros Russell)

    Frequently Asked Questions about Prince Harry says travel industry must do more for local communities

    1What is sustainability?

    Sustainability refers to the ability to maintain ecological balance by avoiding depletion of natural resources. In the context of travel, it involves practices that minimize environmental impact and support local communities.

    2What are local communities?

    Local communities are groups of people living in the same area, often sharing common interests and resources. They play a crucial role in tourism by providing cultural and social experiences for visitors.

    3What is over-tourism?

    Over-tourism occurs when a destination receives more visitors than it can sustainably support, leading to environmental degradation, strain on local resources, and negative impacts on residents' quality of life.

    4What is carbon offsetting?

    Carbon offsetting is a way to compensate for carbon dioxide emissions produced by activities like travel. This is done by investing in projects that reduce or capture an equivalent amount of emissions elsewhere.

    5What is the Travalyst initiative?

    Travalyst is a non-profit initiative founded by Prince Harry aimed at promoting sustainable travel practices. It encourages the travel industry to support local communities and reduce carbon emissions.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostEU considers bringing emissions removal credits into carbon market
    Next Top Stories PostNavigation firm TomTom posts operating loss as auto sales slow