Tourism Industry Can Affect Economic
According to the last statistics The World Travel & Tourism Council (WTTC) reported by 2016, the tourism industry supports 292 million people in employment – that’s 1 in 10 jobs on the planet. Indeed, Travel and Tourism’s contribution to world GDP outpaced the global economy for the sixth consecutive year in 2016, rising to a total of 10.2% of world GDP (US$7.6 trillion). Despite some challenges, the outlook remains robust in 2017, and employment creation will continue; it certainly helps the global economy to rise. It is also predicted that Travel and Tourism will be extremely favorable in the next 10 years with a growth rate of 3.9%. In spite of this growth and clear future, the private and public bodies in each country need accurate and exact planning, management and policy to reach the sustainable Travel and Tourism sector, as the UN has designated 2017 the International Year of Sustainable Tourism for Development.
In 2015, the 10 most visited countries are Thailand, Russia, the UK, Germany, Turkey, Italy, China, Spain, the US, and France. What makes these countries so attractive to visits are natural and man-made attractions as well as proximity to other affluent countries and their economic policies and tourist attractions program.
According to WTTC, this industry can affect economic in some ways. Travelers pay directly to airlines, coaches, rental cars, trains, cruise lines, travel agents, hotels, convention centers, restaurants, shopping centers, sports arenas, entertainment, theater, recreation, etc. which all are supplied by outside goods and services such as marketing, cleaning and maintenance, energy providers, catering and food production, design and print, etc. These direct and indirect effects can create jobs that pay salaries, wages, profits, and taxes that can pay into infrastructure, agriculture, technology, real estate, communications, education, banks, healthcare and more.
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