DID YOU KNOW?

“Travel & Tourism is one of the world’s great industries, providing 9% of global GDP and 260 million jobs; it drives economic growth, business relationships and social mobility.”

- David Scowsill, WTTC President & CEO (WTTC, November 2011).

Predictions for 2012

Travel & Tourism's contribution to GDP is forecast to grow steadily by approximately 3.3% in 2012. 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).

Ten Year Forecasts

Over the next ten years, the industry’s total contribution to GDP is expected to rise by 4% per year, which translates to approximately 69 million new jobs in ten years. (WTTC, November 2011)

To read the full article by the WTTC, click here.