| Growth in Tourism Jobs Set to Boost World Economy Elizabeth Chmurak - FOXBusiness | |
| go to original March 24, 2016 |
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A tourist boom in Mexico’s Tulum is bringing in big revenue. But it’s also bringing big threats to the environment. (CCTV America)
The tourism industry is fueling a global economic boost thanks to the addition of 7.2 million jobs worldwide last year. According to the annual economic impact report from the World Travel & Tourism Council (WTTC), travel and tourism supported 284 million jobs, that’s one in every 11 jobs internationally.
“Despite uncertainty in the global economy and specific challenges to travel and tourism last year, the sector grew by 3.1%, contributing a total of 9.8% to the global GDP,” David Scowsill, president and CEO of the World Travel & Tourism Council said.
He added, “Terror attacks, disease outbreaks, currency fluctuations and geopolitical challenges have impacted the sector at a country or regional level, but travel and tourism at the global level continues to produce another robust performance.”
The growth in the travel sector may come as a surprise in light of the recent terror attacks abroad in Paris, the 2014 Ebola outbreak and newest disease threat; the Zika virus. According to the latest report from the Centers for Disease Control and Prevention (CDC), there are currently 116 confirmed Zika virus cases in the United States alone.
According to the report, over the next 10 years the tourism industry is on track to continue to improve the world economy with an anticipated 4% growth annually.
Read the rest at FOXBusiness
Related: Tourism Contributes $7.2 Trillion to Global Economy (TV360)
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