Preview

Economic Impact of Travel & Tourism

Powerful Essays
Open Document
Open Document
5265 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Economic Impact of Travel & Tourism
The Authority on World Travel & Tourism

Travel
& Tourism Economic Impact 2013 World

WTTC Travel & Tourism Economic Impact 2013

1

For more information please contact:

Rochelle Turner
Research Manager rochelle.turner@wttc.org © 2013 World Travel & Tourism Council

Contents
The Economic Impact of Travel & Tourism 2013
Foreword.............................................................................................................................................................................................. i
2013 Annual Research: Key Facts........................................................................................................1
Defining the Economic Contribution of Travel & Tourism..............................2
Travel & Tourism’s Contribution to GDP......................................................................................3
Travel & Tourism’s Contribution to Employment...........................................................4
Visitor Exports and Investment...................................................................................................................5
Different Components of Travel & Tourism.............................................................................6
Summary Tables: Estimates & Forecasts..................................................................................7
The Economic Contribution of Travel & Tourism:
Real 2012 Prices...................................................................................................................................................................8
The Economic Contribution of Travel & Tourism:
Nominal Prices.........................................................................................................................................................................9
The Economic Contribution of Travel & Tourism: Growth....................... 10

You May Also Find These Documents Helpful

  • Powerful Essays

    Hmt 310 Week 6 Case Study

    • 1620 Words
    • 7 Pages

    Since its launching, the World Travel and Tourism Council has expressed its commitment to realizing the potential of travel and tourism industry for development and growth, as well as ensuring sustainable benefits for all parts involved. The mission of WTTC can be defined in the light of interaction between the economic situation and travel and tourism industry: to raise awareness of economic impact of the largest generator of jobs in the world - travel and tourism. More and more governments are now adopting Blueprint for New Tourism, the policy framework of the WTTC for sustainable tourism development, aimed at unlocking the industry 's potential. (The Blueprint for New Tourism 2006)…

    • 1620 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Travel spending generated the core tourism industry economic impact. The direct impact of these expenditures can be compared to other sectors of the economy. Tourism-related government, investment and merchandise trade expenditures add to the core impact to give a picture of the entire tourism-generated economy—including direct, indirect, and induced impacts.…

    • 2328 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    This is to show how trends and factors currently effect the travel and tourism sector.…

    • 805 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Miss

    • 1656 Words
    • 7 Pages

    With reference to two contrasting countries, describe and explain the difference in the importance of tourism in their economic development…

    • 1656 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    * Recent developments that have shaped the present day travel and tourism industry, and key trends and factors that will affect the future development travel and tourism industry ( aiming toM2)…

    • 2947 Words
    • 12 Pages
    Better Essays
  • Powerful Essays

    Assess the impact of key historical and current developments on the travel and tourism industry.…

    • 4329 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Business in Travel and Tourism is important in the industry; it also includes a wide range of different events and services. For this task, we would be looking at different organisations such as the public sector, private sector and the geographical importance to the international and UK economy. The travel and tourism industry has many organisations such as travel agents, tour operators, tourist boards and many more.…

    • 645 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Essay on Merlin

    • 1871 Words
    • 8 Pages

    Bibliography: Bull, A. (1996), The Economics of Travel and Tourism, 2nd (Edn) Addison Wesley Longman, Melbourne, Australia.…

    • 1871 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    * World Travel and Tourism Council, Travel and Tourism Economic Impact 2010, Romania, available from: http://www.wttc.org/bin/pdf/original_pdf_file/romania.pdf.…

    • 7090 Words
    • 29 Pages
    Powerful Essays
  • Best Essays

    Bremner, C. & Fiona, J. (2008) World travel marker global trends report 2008. World Travel Market and Euromonitor International. 1-29…

    • 1661 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Title: The Basics of Football Betting Description: Football betting is an activity that amplifies the thrills of the already popular sporting event. Learn the basics and head on towards electrifying moments! Keyword: football betting A quick search on the Internet for the most popular sport in the world will most likely give out numerous results.…

    • 453 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Tourism is no more an occasional past-time for wealthy and adventurous people. Nowadays, everyone is participating in the tourism industry, may it be a catering company, a hotel or an entertainment business. In fact, tourism has an impressive impact on its host country’s economy. It increases growth rate, national profit, investment and country celebrity as well, going from short term to long term improvements. However, it has crucial negative impacts on other sectors, mostly, the environment. Gradually, the ecosystem has been affected taking with it an increase of pollution and a decrease in natural resources of the country. Dubai is good example to take in order to analyze the impacts of tourism on the short and long runs, taking into account its advantages and disadvantages on the economic and natural environment of the country.…

    • 2524 Words
    • 11 Pages
    Better Essays
  • Good Essays

    Vienna is located in the Northeast corner of Österreich, or Austria. Austria is landlocked and bordered by eight countries: Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Italy, Switzerland, and Liechtenstein. Austria has nine states with Vienna being one of them. Of Austria’s 8.3 million people, 1.7 million of them live in Vienna. It is the country’s largest city and capital. Because the city lies on the Danube River, it is a major shipping port for Europe, moving about 12 million tons of cargo a year. Since Vienna is inhabited by one fifth of Austria’s population, it accounts for more than one fourth of the country’s economic performance. The structure of Vienna’s economy is characterized by the enormous significance of the service sector, which accounts for 83% of gross value added (GVA).…

    • 1365 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Tourist Destinations

    • 6887 Words
    • 28 Pages

    In this assessment I would be analysing the main tourist destinations and generators of the world in terms of visitor numbers and income generation. I would also be analysing statistics to determine tourism destination developments and predict future developments.…

    • 6887 Words
    • 28 Pages
    Powerful Essays
  • Satisfactory Essays

    The foremost advantage is the financial gain it brings to the locality and the region.…

    • 303 Words
    • 2 Pages
    Satisfactory Essays

Related Topics