Below you will find a few key fact about the travel and tourism industry. Figures are taken from the World Travel and Tourism Council (WTTC, November 2011).
OVERALL TRENDS
According to the World Travel & Tourism Council (WTTC), the industry is promising more growth and a powerful economic influence in the next decade. In spite of the current global economic slow-down, Travel and Tourism results indicate that people are still travelling more, with the international air travel and hotel occupancy rates up. (WTTC, November 2011).
GROSS DOMESTIC PRODUCT (GDP)
Travel & Tourism's contribution to GDP is forecast to grow steadily by approximately 3.3% in 2012. Over the next ten years, the industry’s total contribution to GDP is expected to rise by 4% per year.
EMPLOYMENT
Travel & Tourism is predicted to account for 69 million more jobs by 2021. (WTTC, November 2011).
To read the full article by the WTTC, click here.
About the WTTC
Great information source
If you are interested to obtain more information on the World Travel and Tourism Council, please click here.
