The document provides an economic impact analysis of travel and tourism in St. Vincent and the Grenadines in 2013. Some key points:
- Travel and tourism directly contributed XCD116.8 million (6%) to GDP in 2012, and is forecast to rise to XCD172.5 million (6.4% of GDP) by 2023.
- The total contribution of travel and tourism to GDP was XCD423.3 million (21.8% of GDP) in 2012, and is forecast to rise to XCD632.1 million (23.4% of GDP) by 2023.
- Travel and tourism directly supported 2,500 jobs (5.5% of total employment)
Travel and tourism economic impact 2018 vietnamHoang Dung Quy
See how Vietnamese's Traveller user is growing and impacting to Economic in 2018.
In 2018, international arrivals to Vietnam reached 15.5 million, up 2.7 million compared to 2017, while domestic tourists grew by 6.8 million compared to 2017, to an estimated 80 million in 2018.
Effects of Coronavirus Covid 19 on Tourist Industryijtsrd
The purpose of this research is to examine the impact of the coronavirus pandemic COVID 19 on the tourism industry and to find the tourism sector that will result from this pandemic. In the absence of a similar earlier research, this research is designed to be conducted in a courteous manner. The pilot research involved 103 travelers selected on a non probability basis. The findings suggest that the current COVID 19 pandemic is likely to affect travelers behavior in terms of human safety, economic costs, beliefs and attitudes. Finally, the main findings and practical implications of this research are described in terms of crisis management, and the direction of further study is presented based on the findings and limitations of this research. Nazarbek Kamudas | Ganzorig Myagmardorj "Effects of Coronavirus (Covid-19) on Tourist Industry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd38033.pdf Paper URL : https://www.ijtsrd.com/management/business-ethics/38033/effects-of-coronavirus-covid19-on-tourist-industry/nazarbek-kamudas
Travel and tourism economic impact 2018 vietnamHoang Dung Quy
See how Vietnamese's Traveller user is growing and impacting to Economic in 2018.
In 2018, international arrivals to Vietnam reached 15.5 million, up 2.7 million compared to 2017, while domestic tourists grew by 6.8 million compared to 2017, to an estimated 80 million in 2018.
Effects of Coronavirus Covid 19 on Tourist Industryijtsrd
The purpose of this research is to examine the impact of the coronavirus pandemic COVID 19 on the tourism industry and to find the tourism sector that will result from this pandemic. In the absence of a similar earlier research, this research is designed to be conducted in a courteous manner. The pilot research involved 103 travelers selected on a non probability basis. The findings suggest that the current COVID 19 pandemic is likely to affect travelers behavior in terms of human safety, economic costs, beliefs and attitudes. Finally, the main findings and practical implications of this research are described in terms of crisis management, and the direction of further study is presented based on the findings and limitations of this research. Nazarbek Kamudas | Ganzorig Myagmardorj "Effects of Coronavirus (Covid-19) on Tourist Industry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd38033.pdf Paper URL : https://www.ijtsrd.com/management/business-ethics/38033/effects-of-coronavirus-covid19-on-tourist-industry/nazarbek-kamudas
The Employment Effect of Tourism: A Dynamic AnalysisAJHSSR Journal
ABSTRACT: The tourism industry can bring various positive economic developments on Gross Domestic
Product, employment opportunities, national income and international trade throughout the economy. In recent
years, the tourism industry has attracted the attention of most governments including the Sri Lankan government
as the most promising sector to be a potential tool for generating income and employment. In this line, it has
proficient to create both direct and indirect employment for skilled workers and unskilled workers as well. This
study attempts to investigate the relationship between tourism and employment creation in Sri Lankaduring the
period of 1977-2017by employingeconometric techniques namely the Johansen cointegration test, Vector AutoRegressive (VAR) analysis, and Granger-causality test. Johansen Cointegration test was used to find the longterm association between tourism and employment creation and found that the absence of a long-run
relationship between two indicating tourism would not determine the employment creation in the long-term.
Furthermore, the Granger causality test was employed for investigating the short-term relationship and it
confirmed the existence of unidirectional causality between tourism and employment creation showing that the
tourism industry of Sri Lanka would lead to employment generation in the short term.
KEYWORDS: Employment creation, Granger causality tests, Tourism, Vector Auto Regressive
THE IMPACT OF COVID-19 ON THE JORDANIAN ECONOMY AND ENTERPRISESectijjournal
This study investigates the impact of Covid-19 on Jordan's economic climate as well as Jordanian
enterprises. Starting with observing the procedures taken by the government of Jordan, then a discussion
and overview of the economic effect of the epidemic, and finally a discussion of the impact of COVID-19 on
enterprises in Jordan. The Results of this paper conclude that there is an economic impact of coronavirus
across the whole country. The impact is determined not only by the ramifications of the virus's spread on
the larger economy but also by the form of the government's reaction, which includes mobility restrictions
and other emergency measures, as well as Jordan's main development partners' support and the indirect
impacts caused by companies' responses to problems they have experienced, such as layoffs and wage
reductions to save expenses, when reporting repercussions. The study covers a period of two years from
2019 to 2020.
Hospitality and Tourism is one of the world’s largest growing industries and it is a source
of income for many nations. Being people oriented business, Hospitality industry also gives several jobs that has helped rejuvenate local economies. Though, like other kinds of development, hospitality and tourism can also cause difficulties such as loss of cultural heritage, social dislocation, ecological degradation and economic dependence. In Nepal, the industry of hospitality and tourism is growing at a skyrocket pace as well as it also has tremendous probable development of tourism because of its unique cultural and natural heritage. Concerning this, the tourism policy has been created with a framework of: increasing foreign currency, augmenting national income and productivity, improving regional imbalances, creating employment opportunities and projecting the image of Nepal more aggressively in the international arena with the diversification and development of tourism and travel industries.
FDI fluctuations followed by GDP fluctuations in Kosovo and favoring particul...nakije.kida
This paper examines the main trends of FDI (Foreign Direct Investment) in Kosovo. Kosovo
as a country that had just emerged from war in 1999, with frequent changes of laws and
adoption of economic liberalization measures made very large strides in democracy and
international recognition of statehood. Fluctuations of FDI in Kosovo in the past 12 years link
these directly in the two macroeconomic indicators clearly express how important is the
stability of the country. GDP growth rate in Kosovo with a great opportunity for investors, one
more chance for the local population to find a new job. The perception of investors that there
is no risk to invest in Kosovo increased FDI flows. Success of Kosovo to boost foreign
investment becomes accessible if not delayed accession to the EU. All these factors have led
to a satisfactory level of the FDI in Kosovo, but economic and political context is crucial.
Kosovo has significant structural mismatch economy compared to countries in the region. This
information allows us to create a more favorable institutional framework for investment,
facilitates an investor to take a decision to invest quickly. From an investment perspective in
Kosovo economic structure, trends seen that capital to invest in some sectors. Investments in
the industrial sector (manufacturing) in mining, energy, construction, trade and services have
been attractive to foreign investors.
Human resource development and foreign remittances : The case of South Asia. The paper explains links between HRD, migration and remittances in Afghanistan, Bangladesh, Bhutan, Nepal, India, Pakistan, Sri Lanka, and Maldives
Tourism can be seen as one of the key industries in world as it contributes more than 10% in global economic output along with one out of ten jobs, (WTTC, n.d). This statement of World Travel & Tourism Council indicates the importance of tourism industry in world economy. In current scenario world tourism industry is booming and so as in Britain. It is the key competitor for this industry and rated 7th in the world for number of visitors as well as their spending.
This report will provide the understanding of the environment under which this industry operates. This report includes the study of history and structure of travel and tourism, national policies about this sector and effect of changes in policies. This study also includes impacts of industry developments as well as effects of supply and demand.
Tourism and its contribution to the Economy - Article by B.S Rathor - Advisor...Sharath Bhat
Maharashtra Economic Development Council, Monthly Economic Digest February 2017
Tourism is an activity difficult to define and more difficult to comprehend in view of its complexities. It is not a product nor a service but a rare blend of both or neither. In simple terms and as best understood it is travel for an objective - be it leisure, business or other purposes. I call it a unique experience through the combination of multitudes of objects bordering from the mundane to the spectacular under its umbrella. More than its definition it is important to know that this amalgam has the capability to deliver an experience which only can be felt by the traveling mass that are ever ready to savor its glory.
Diaspora and Economy: Effects of the Global Economic Slowdown on RemittancesVaqar Ahmed
Diaspora and Economy: Effects of the Global Economic Slowdown on Remittances
by
Dr. Vaqar Ahmed
Deputy Executive Director
Sustainable Development Policy Institute
Tugas Geografi Pariwisata
UNWTO 2011
By : Amelia Suhandri / 14045015
Pendidikan Geografi 2014
Fakultas Ilmu Sosial ( FIS )
Universitas Negeri Padang ( UNP )
Connecting XForms to Databases: An Extension to the XForms Markup LanguageMarkku Laine
Our presentation at the W3C Workshop on Declarative Models of Distributed Web Applications (DMDWA'07).
by Markku Laine, http://www.tinyurl.com/mplaine, Mikko Honkala, and Oskari Koskimies
The Employment Effect of Tourism: A Dynamic AnalysisAJHSSR Journal
ABSTRACT: The tourism industry can bring various positive economic developments on Gross Domestic
Product, employment opportunities, national income and international trade throughout the economy. In recent
years, the tourism industry has attracted the attention of most governments including the Sri Lankan government
as the most promising sector to be a potential tool for generating income and employment. In this line, it has
proficient to create both direct and indirect employment for skilled workers and unskilled workers as well. This
study attempts to investigate the relationship between tourism and employment creation in Sri Lankaduring the
period of 1977-2017by employingeconometric techniques namely the Johansen cointegration test, Vector AutoRegressive (VAR) analysis, and Granger-causality test. Johansen Cointegration test was used to find the longterm association between tourism and employment creation and found that the absence of a long-run
relationship between two indicating tourism would not determine the employment creation in the long-term.
Furthermore, the Granger causality test was employed for investigating the short-term relationship and it
confirmed the existence of unidirectional causality between tourism and employment creation showing that the
tourism industry of Sri Lanka would lead to employment generation in the short term.
KEYWORDS: Employment creation, Granger causality tests, Tourism, Vector Auto Regressive
THE IMPACT OF COVID-19 ON THE JORDANIAN ECONOMY AND ENTERPRISESectijjournal
This study investigates the impact of Covid-19 on Jordan's economic climate as well as Jordanian
enterprises. Starting with observing the procedures taken by the government of Jordan, then a discussion
and overview of the economic effect of the epidemic, and finally a discussion of the impact of COVID-19 on
enterprises in Jordan. The Results of this paper conclude that there is an economic impact of coronavirus
across the whole country. The impact is determined not only by the ramifications of the virus's spread on
the larger economy but also by the form of the government's reaction, which includes mobility restrictions
and other emergency measures, as well as Jordan's main development partners' support and the indirect
impacts caused by companies' responses to problems they have experienced, such as layoffs and wage
reductions to save expenses, when reporting repercussions. The study covers a period of two years from
2019 to 2020.
Hospitality and Tourism is one of the world’s largest growing industries and it is a source
of income for many nations. Being people oriented business, Hospitality industry also gives several jobs that has helped rejuvenate local economies. Though, like other kinds of development, hospitality and tourism can also cause difficulties such as loss of cultural heritage, social dislocation, ecological degradation and economic dependence. In Nepal, the industry of hospitality and tourism is growing at a skyrocket pace as well as it also has tremendous probable development of tourism because of its unique cultural and natural heritage. Concerning this, the tourism policy has been created with a framework of: increasing foreign currency, augmenting national income and productivity, improving regional imbalances, creating employment opportunities and projecting the image of Nepal more aggressively in the international arena with the diversification and development of tourism and travel industries.
FDI fluctuations followed by GDP fluctuations in Kosovo and favoring particul...nakije.kida
This paper examines the main trends of FDI (Foreign Direct Investment) in Kosovo. Kosovo
as a country that had just emerged from war in 1999, with frequent changes of laws and
adoption of economic liberalization measures made very large strides in democracy and
international recognition of statehood. Fluctuations of FDI in Kosovo in the past 12 years link
these directly in the two macroeconomic indicators clearly express how important is the
stability of the country. GDP growth rate in Kosovo with a great opportunity for investors, one
more chance for the local population to find a new job. The perception of investors that there
is no risk to invest in Kosovo increased FDI flows. Success of Kosovo to boost foreign
investment becomes accessible if not delayed accession to the EU. All these factors have led
to a satisfactory level of the FDI in Kosovo, but economic and political context is crucial.
Kosovo has significant structural mismatch economy compared to countries in the region. This
information allows us to create a more favorable institutional framework for investment,
facilitates an investor to take a decision to invest quickly. From an investment perspective in
Kosovo economic structure, trends seen that capital to invest in some sectors. Investments in
the industrial sector (manufacturing) in mining, energy, construction, trade and services have
been attractive to foreign investors.
Human resource development and foreign remittances : The case of South Asia. The paper explains links between HRD, migration and remittances in Afghanistan, Bangladesh, Bhutan, Nepal, India, Pakistan, Sri Lanka, and Maldives
Tourism can be seen as one of the key industries in world as it contributes more than 10% in global economic output along with one out of ten jobs, (WTTC, n.d). This statement of World Travel & Tourism Council indicates the importance of tourism industry in world economy. In current scenario world tourism industry is booming and so as in Britain. It is the key competitor for this industry and rated 7th in the world for number of visitors as well as their spending.
This report will provide the understanding of the environment under which this industry operates. This report includes the study of history and structure of travel and tourism, national policies about this sector and effect of changes in policies. This study also includes impacts of industry developments as well as effects of supply and demand.
Tourism and its contribution to the Economy - Article by B.S Rathor - Advisor...Sharath Bhat
Maharashtra Economic Development Council, Monthly Economic Digest February 2017
Tourism is an activity difficult to define and more difficult to comprehend in view of its complexities. It is not a product nor a service but a rare blend of both or neither. In simple terms and as best understood it is travel for an objective - be it leisure, business or other purposes. I call it a unique experience through the combination of multitudes of objects bordering from the mundane to the spectacular under its umbrella. More than its definition it is important to know that this amalgam has the capability to deliver an experience which only can be felt by the traveling mass that are ever ready to savor its glory.
Diaspora and Economy: Effects of the Global Economic Slowdown on RemittancesVaqar Ahmed
Diaspora and Economy: Effects of the Global Economic Slowdown on Remittances
by
Dr. Vaqar Ahmed
Deputy Executive Director
Sustainable Development Policy Institute
Tugas Geografi Pariwisata
UNWTO 2011
By : Amelia Suhandri / 14045015
Pendidikan Geografi 2014
Fakultas Ilmu Sosial ( FIS )
Universitas Negeri Padang ( UNP )
Connecting XForms to Databases: An Extension to the XForms Markup LanguageMarkku Laine
Our presentation at the W3C Workshop on Declarative Models of Distributed Web Applications (DMDWA'07).
by Markku Laine, http://www.tinyurl.com/mplaine, Mikko Honkala, and Oskari Koskimies
XIDE: Expanding End-User Web DevelopmentMarkku Laine
Our presentation at the Eighth International Conference on Web Information Systems and Technologies (WEBIST'12).
by Markku Laine, http://www.tinyurl.com/mplaine, Evgenia Litvinova, and Petri Vuorimaa
XFormsDB: An XForms-Based Framework for Simplifying Web Application DevelopmentMarkku Laine
My Master's Thesis presentation. 2010. (a fully working version of the presentation is available at http://xformsdb.googlecode.com/svn/trunk/doc/theses/Markku_Laine_2010_-_Masters_Thesis.pdf)
by Markku Laine, http://www.tinyurl.com/mplaine
World Travel & Tourism Council | Report economic impact 2017 | ITALYBTO Educational
The World Travel & Tourism Council is the global authority on the economic and social contribution of Travel & Tourism.
WTTC promotes sustainable growth for the Travel & Tourism sector, working with governments and international institutions to create jobs, to drive exports and to generate prosperity.
Council Members are the Chairs, Presidents and Chief Executives of the world’s leading private sector Travel & Tourism businesses.
Together with Oxford Economics, WTTC produces annual research that shows Travel & Tourism to be one of the world’s largest sectors, supporting over 292 million jobs and generating 10.2% of global GDP in 2016.
Comprehensive reports quantify, compare and forecast the
economic impact of Travel & Tourism on 185 economies around the world. In addition to the individual country reports, WTTC produces a world report highlighting the global economic impact and issues, and 24 further reports that focus on regions, sub-regions and economic and geographic groups.
https://www.wttc.org/
TRADE LIBERALIZATION AND IMPACT IN INCLUSIVE GROWTH OF TOURISM INDUSTRY IN IN...DrVinayJoshi
The travel and tourism industry has emerges as one of the rapidly growing service sectors contributing significantly to global economic growth and development. In developing countries like Indian tourism has become one of the important sectors of the economy, contributing to a large proportion of the national income and generating huge employment opportunities. Tourism is one of the largest service industries in terms of gross revenue and foreign exchange earnings. Tourism growth has implications for employment, as tourism generates employment at all skill levels. This paper attempts to estimate total direct employment generated in India by foreign tourism. This paper discusses how India is emerging as popular tourist destination in the world, driven by the focus on innovation and creating value for tourist. It also examines the impact of India’s economic growth on tourism, Contributors to economic growth, Role of Tourism industry in India’s GDP. The paper also explores that there has been a tremendous growth in tourism in India because of the policies of the government and support from all levels.
Global Tourism Industry Statistics (Forecasts Metrics)2024.pdfWP Travel
The tourism industry and activities started to flourish after the pandemic. The number started to rise again. It’s predicted that the travel and tourism business will experience 18% growth in 2024.
This is the highest point after the pandemic period. Hotel bookings, travel, and tourism businesses are expected to reach new heights. Experts suggest it’s the best time to start your own travel and tourism business.
International Tourism Marketing: An Analysis on Xinjiang Uygur Autonomous Reg...IOSRJBM
As XUAR international tourism industry is improving gradually, we should see there are still serious problems in its industrial structure performance. With shift-share method, Pearson Correlation method and Principal component method, based on data of XUAR international tourism foreign exchange incomes from 2006 to 2015, this paper empirically analyzes each sector of XUAR international tourism and its industrial structure performance, as well as problems in sectors of transportation, sightseeing, accommodation, cater, commodity sales and entertainment. Meanwhile this paper also puts forward solutions to increase the benefit of XUAR international tourism industry.
India has 28 world heritage sites and 25 bio-geographic zones. The country’s big coastline provides a number of attractive beaches, diverse offerings such as adventure, rural and wildlife tourism.
India ranked 12th among 184 countries in terms of travel & tourism’s total contribution to Gross Domestic Product (GDP) in 2012. The sector’s direct contribution to GDP totalled US$ 34.7 billion in 2012 and is expected to grow to US$ 40.8 billion in 2013. Over 2013–23, the direct contribution is expected to register a growth of 7.8 per cent per annum.
Over 6.6 million foreign tourist arrivals (FTAs) were reported in 2012, expanding at compounded annual growth rate (CAGR) of 7.8 per cent during 2005-12. The total foreign exchange earnings (FEEs) from tourism grew over US$ 17.7 billion in 2012, registering a CAGR of 13.1 per cent during 2005-12. In February 2013, FEEs increased by 11.4 per cent to reach US$ 3.4 billion from US$ 3.1 billion in the same period in 2012.
Strong growth in per capita income in the country is driving the domestic tourism market. A shift in demographics with rising young population (coupled with changing lifestyles) is leading to greater expenditure on leisure services. The tourism policy of Government of India (GOI) aims at speedy implementation of tourism projects, development of integrated tourism circuits, special capacity building in the hospitality sector and new marketing strategies. In the hotel and tourism sector, the government has also allowed 100 per cent foreign direct investment (FDI) through automatic route.
Indian Tourism Sector and Union Budget 2011The Other Home
India travel market is growing at the rapid pace. However, the recent budget announcement may negatively impact the growth of Tourism Sector in India. The presentation tries to highlight the key statistics of Indian Travel and Tourism Market and Union Budget 2011-12 from the industry perspective.
For World Tourism Day 2023, the World Tourism Organization (UNWTO) highlights the need for more and better-targeted investments for people, for planet and for prosperity
Tourism as a multiplier effect in economy: the case of Albaniainventionjournals
Tourism is an important economic activity in most countries worldwide. This sector has significant direct and indirect impact in the economy. The determination of the multiplier effect of tourism is very important part of economy. The multiplier effect measures the expenditures done on other part of economy, rather than tourism. Tourism not only creates job but also encourages growth on other sectors of industry.
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WOM Personal Needs Past Experiences
HTMX31 – Model of Service Quality (GAPS). Based on the article:
Zeithaml, V.A., Berry, L.L. & Parasuraman, A. (1988). Communication and Control Processes in the Delivery of Service Quality, Journal of Marketing 52(2), 35-48.
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IMPACT OF CORONA VIRUS ON THE TOURISM INDUSTRY OF UAE
1. INTRODUCTION
The COVID-19 pandemic and the steps taken to curtail its spread have a strong effect on the tourism market. According to the United Nations (UNWTO), in 2020 the COVID-19 pandemic would result in a 20 to 30 percent reduction of the tourism industry. This estimate is likely to be cautious for countries that rely on foreign tourists, as recent data on daily air traffic show a decrease of nearly 80% since January2020.
While several economic sectors are supposed to rebound as restrictive restrictions are removed, the pandemic has a longer-lasting effect on foreign tourism. This is primarily attributed to decreased consumer trust and the likelihood that the free migration of human beings would be limited longer. COVID-19 impact on tourism The link between Coronavirus (COVID-19) and News, Analysis and Resources The average recovery time for visitors to a destination was about 19 months in previous viral epidemics, according to World Travel and Tourism Commission (WTTC).
The rapid, severe and undoubtedly protracted downturn in the travel and tourism industry has forced international tourism countries to depend heavily on their finances. This involve the tiny developing island countries (SIDS), which are not only most fragile because they are heavily tourist-dependent but also because any shock of this size is challenging for tiny economies to cope with. On average, according to WTTC statistics, the tourism sector accounts for almost 30% of the SIDS gross domestic product (GDP). Of the Maldives, Seychelles, St. Kitts and Nevis and Grenada, this proportion is more than 50%. In general, travel and tourism raise around $30 billion annually in SIDS. A 25% decrease in tourism receipts would result in $7.4 billion or 7.3% decrease in GDP. The decline in certain SIDS may be considerably larger, hitting 16% on the Maldives and Seychelles.
The COVID-19 pandemic is projected to contribute, for several SIDS, to large levels of sales losses immediately without the requirement for an alternate source of foreign currency revenues to fund international debt and pay for imports.
Devastating economic consequences Countries can generally cope with economic storms through additional debt or by using foreign reserves that are available.
Nevertheless, access to global capital markets is becoming more restricting, particularly for small countries like SIDS, which are mostly hig.
Tourism is an activity that can improve main macroeconomic indicators. The opportunities for sustainable tourism development and the preservation of its competitiveness is largely influenced by the quality of the environment and the preservation of goods and resources. The paper will examine the impact of the number of international arrivals and receipts from international tourism on the GDP per capita for 2009-2015 and its impact on unemployment and the human development index as the selected component of sustainable development. Based on the relationship between these values, the basic relations between the selected indicators will be identified. The results will include all aspects, establish priorities, concrete proposals - strategic projects that can be realized in the coming period in order to increase the number of tourists and tourism revenues, which would affect the economic growth and development of the Republic of Serbia.
Unwto paper Macroeconomic Analysis ToolsDavid Vicent
Exploring the Full Economic Impact of Tourism for Policy Making:
Extending the Use of the Tourism Satellite Account through Macroeconomic Analysis Tools
The Power of a Glamping Go-To-Market Accelerator Plan.pptxRezStream
Unlock the secrets to success with our comprehensive 8-Step Glamping Accelerator Go-To-Market Plan! Watch our FREE webinar, where you'll receive expert guidance and invaluable insights on every aspect of launching and growing your glamping business.
How To Talk To a Live Person at American Airlinesflyn goo
This page by FlynGoo can become your ultimate guide to connecting with a live person at American Airlines. Have you ever felt lost in the automated maze of customer service menus? FlynGoo is here to rescue you from endless phone trees and automated responses. With just a click or a call to a specific number, we ensure you get the human touch you deserve. No more frustration, no more waiting on hold - we simplify the process, making your travel experience smoother and more enjoyable.
Assessing the Influence of Transportation on the Tourism Industry in Nigeriagsochially
This research dissertation investigates the complex interplay between transportation and the tourism industry in Nigeria, aiming to unravel critical insights that contribute to the enhancement of the overall tourist experience. The study employs a multi-faceted approach, literature review establishes a robust theoretical framework, incorporating The Service Quality and Satisfaction Theory to guide the research questions and hypotheses.
The methodology involves the distribution of a structured questionnaire, ensuring a representative sample and facilitating a comprehensive analysis of the gathered data.
Key findings include the nuanced perceptions of transportation infrastructure adequacy, safety and security concerns, financial influences on travel decisions, and the cultural and ecological impacts of transportation choices. These findings culminate in a comprehensive set of recommendations for policymakers and practitioners in the Nigerian tourism industry. The findings contribute to the existing literature by providing actionable insights for policymakers, stakeholders, and researchers in the Nigerian tourism sector.
The recommendations encompass gender-sensitive planning, infrastructure enhancements, safety measures, and strategic interventions to address financial constraints, ensuring a holistic and sustainable development of the tourism industry in Nigeria.
Author: Imafidon Osademwingie Martins
Wayanad-The-Touristry-Heaven to the tour.pptxcosmo-soil
Wayanad, nestled in Kerala's Western Ghats, is a lush paradise renowned for its scenic landscapes, rich biodiversity, and cultural heritage. From trekking Chembra Peak to exploring ancient Edakkal Caves, Wayanad offers thrilling adventures and serene experiences. Its vibrant economy, driven by agriculture and tourism, highlights a harmonious blend of nature, tradition, and modernity.
Hidden Gems of Europe - DISCOVERING THE CONTINENT'S BEST-KEPT SECRETSKamil Uğraş TÜRKOĞLU
Europe, continent rich in history, culture, and natural beauty, is often synonymous with famous cities like Paris, Rome, and London. These iconic destinations attract millions of tourists every year, captivating them with their renowned landmarks, vibrant culture, and bustling urban life. However, beyond these well-trodden paths lie countless hidden gems waiting to be discovered. These lesser-known destinations offer unique experiences, authentic encounters, and breathtaking landscapes that often surpass the allure of their famous counterparts.
In "Hidden Gems of Europe," we embark on a journey to uncover these secret spots, exploring the heart and soul of Europe through its quaint villages, charming towns, and secluded natural wonders. This book aims to inspire travelers to look beyond the obvious and venture into the lesser-explored corners of the continent, where true adventure and discovery await.
BTW UK Visa Application Process, Uk Visa complete guide, Uk Visa fees, requirements and application process. Know all about uk visa and best way to apply for the uk visa. Get to know about the requirements that allows you for the faster visa appliaction. BTW UK Visa Application Process, Uk Visa complete guide, Uk Visa fees, requirements and application process. Know all about uk visa and best way to apply for the uk visa. Get to know about the requirements that allows you for the faster visa appliaction. BTW UK Visa Application Process, Uk Visa complete guide, Uk Visa fees, requirements and application process. Know all about uk visa and best way to apply for the uk visa. Get to know about the requirements that allows you for the faster visa appliaction. BTW UK Visa Application Process, Uk Visa complete guide, Uk Visa fees, requirements and application process. Know all about uk visa and best way to apply for the uk visa. Get to know about the requirements that allows you for the faster visa appliaction. BTW UK Visa Application Process, Uk Visa complete guide, Uk Visa fees, requirements and application process. Know all about uk visa and best way to apply for the uk visa. Get to know about the requirements that allows you for the faster visa appliaction. BTW UK Visa Application Process, Uk Visa complete guide, Uk Visa fees, requirements and application process. Know all about uk visa and best way to apply for the uk visa. Get to know about the requirements that allows you for the faster visa appliaction. BTW UK Visa Application Process, Uk Visa complete guide, Uk Visa fees, requirements and application process. Know all about uk visa and best way to apply for the uk visa. Get to know about the requirements that allows you for the faster visa appliaction. BTW UK Visa Application Process, Uk Visa complete guide, Uk Visa fees, requirements and application process. Know all about uk visa and best way to apply for the uk visa. Get to know about the requirements that allows you for the faster visa appliaction. Get information in this PDF and simplyfy your visa process.
1. WTTC Travel & Tourism Economic Impact 2013 1
The Authority on World Travel & Tourism
Travel
&Tourism Economic Impact 2013
St Vincent and the Grenadines
3. Contents
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
Country Rankings: Absolute Contribution, 2012.........................................................7
Country Rankings: Relative Contribution, 2012............................................................8
Country Rankings: Real Growth, 2013..........................................................................................9
Country Rankings: Long Term Growth, 2013-2023........................................... 10
Summary Tables: Estimates & Forecasts............................................................................. 11
The Economic Contribution of Travel & Tourism:
Real 2012 Prices.............................................................................................................................................................. 12
The Economic Contribution of Travel & Tourism:
Nominal Prices.................................................................................................................................................................... 13
The Economic Contribution of Travel & Tourism: Growth....................... 14
Glossary.......................................................................................................................................................................................... 15
Methodological Note................................................................................................................................................ 16
Regions, Sub-regions, Countries....................................................................................................... 17
USE OF MATERIAL IS AUTHORISED, PROVIDED SOURCE IS ACKNOWLEDGED
1-2 Queen Victoria Terrace, Sovereign Court, London E1W 3HA, UK
2 Tel: +44 (0) 20 7481 8007. Fax: +44 (0) 20 7488 1008. Email: enquiries@wttc.org. www.wttc.org
The Economic Impact of Travel & Tourism 2013
4. The World Travel & Tourism Council (WTTC) has been investing in
economic impact research for over 20 years. This research assesses
the Travel & Tourism industry’s contribution to GDP and jobs for
184 countries and 24 regions and economic groups in the world.
Our ten-year forecasts are unique in the information they provide
to assist governments and private companies plan policy and
investment decisions for the future.
2012 demonstrated again the resilience of the Travel & Tourism industry in the face of continued economic
turmoil, as economic growth slowed and was even negative in key global markets. The latest annual research
from WTTC and our research partner Oxford Economics, shows that Travel & Tourism’s contribution to GDP
grew for the third consecutive year in 2012, and created more than 4 million new jobs. The strongest growth
in 2012 was evident in international demand as appetite for travel beyond national borders, from leisure and
business visitors, remains strong.
Travel & Tourism’s importance to the wider economy continued to grow in 2012. Its total contribution
comprised 9% of global GDP (US $6.6 trillion) and generated over 260 million jobs – 1 in 11 of the world’s
total jobs. The industry outperformed the entire wider economy in 2012, growing faster than other notable
industries such as manufacturing, financial services and retail.
With such resilience in demand and an ability to generate high employment, the importance of Travel &
Tourism as a tool for economic development and job creation is clear. In total, the industry contributed to over
10% of all new jobs created in 2012. Less restrictive visa regimes and a reduction in punitive taxation levels
would help the industry to contribute even more to broader economic development and better fulfil the clear
demand for international travel.
While 2013 will present further challenges for the global economy and the Travel & Tourism industry, we remain
optimistic that Travel & Tourism will continue to grow, outpace growth of the wider economy and remain a
leading generator of jobs.
In the longer-term, demand from and within emerging markets will continue to rise in significance. Destinations
need to be willing to invest in infrastructure suitable for new sources of demand to achieve the clear growth
potential that exists. For example, we forecast that China will overtake the US by 2023 as the world’s largest
Travel & Tourism economy, measured in total GDP terms (2012 prices), and the size of the outbound market.
David Scowsill
President & CEO
World Travel & Tourism Council
Foreword
WTTC Travel & Tourism Economic Impact 2013i
5. = Total contribution of Travel & Tourism
St Vincent and the Grenadines
2013 ANNUAL RESEARCH: KEY FACTS 2013
forecast
EMPLOYMENT: DIRECT CONTRIBUTION
EMPLOYMENT: TOTAL CONTRIBUTION
VISITOR EXPORTS
INVESTMENT
WORLD RANKING (OUT OF 184 COUNTRIES):
Relative importance of Travel & Tourism's total contribution to GDP
174
ABSOLUTE
Size in 2012
29
Contribution to GDP in 2012
RELATIVE SIZE
153
GROWTH
2013 forecast
Total Contribution of
Travel & Tourism to GDP
Breakdown of Travel & Tourism's Total
Contribution to GDP and Employment 2012
2012 XCDmn GDP (2012 XCDmn)
Direct Indirect Induced
0
100
200
300
400
500
600
700
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
2012 XCDmn2012 XCDmn
74
232
117
2
5
2
Employment
('000)
WTTC Travel & Tourism Economic Impact 2013 1
The direct contribution of Travel & Tourism to GDP was XCD116.8mn (6.0% of total GDP) in
2012, and is forecast to rise by 1.3% in 2013, and to rise by 3.8% pa, from 2013-2023, to
XCD172.5mn in 2023 (in constant 2012 prices).
The total contribution of Travel & Tourism to GDP was XCD423.3mn (21.8% of GDP) in 2012,
and is forecast to rise by 1.1% in 2013, and to rise by 4.0% pa to XCD632.1mn in 2023.
In 2012 Travel & Tourism directly supported 2,500 jobs (5.5% of total employment). This is
expected to remain unchanged in 2013 and rise by 1.2% pa to 3,000 jobs (6.1% of total
employment) in 2023.
In 2012, the total contribution of Travel & Tourism to employment, including jobs indirectly
Visitor exports generated XCD270.3mn (53.5% of total exports) in 2012. This is forecast to
grow by 1.8% in 2013, and grow by 3.7% pa, from 2013-2023, to XCD394.7mn in 2023 (56.0%
of total).
Travel & Tourism investment in 2012 was XCD80.0mn, or 16.3% of total investment. It should
fall by 1.0% in 2013, and rise by 3.5% pa over the next ten years to XCD111.9mn in 2023
(17.1% of total).
2023
GDP: DIRECT CONTRIBUTION
GDP: TOTAL CONTRIBUTION
supported by the industry, was 19.9% of total employment (8,500 jobs). This is expected to fall
by 1.2% in 2013 to 8,500 jobs and rise by 1.2% pa to 10,000 jobs in 2023 (21.8% of total).
114
LONG-TERM GROWTH
Forecast 2013-2023
6. ●
●
●
WTTC Travel & Tourism Economic Impact 20132
Defining the economic
contribution of Travel & Tourism
Travel & Tourism is an important economic activity in most countries around the world. As well as its direct economic
impact, the industry has significant indirect and induced impacts. The UN Statistics Division-approved Tourism Satellite
Accounting methodology (TSA:RMF 2008) quantifies only the direct contribution of Travel & Tourism. But WTTC
recognises that Travel & Tourism's total contribution is much greater, and aims to capture its indirect and induced
impacts through its annual research.
DIRECT CONTRIBUTION
The direct contribution of Travel & Tourism to GDP reflects the ‘internal’ spending on Travel & Tourism (total spending
within a particular country on Travel & Tourism by residents and non-residents for business and leisure purposes) as
well as government 'individual' spending - spending by government on Travel & Tourism services directly linked to
visitors, such as cultural (eg museums) or recreational (eg national parks).
The direct contribution of Travel & Tourism to GDP is calculated to be consistent with the output, as expressed in
National Accounting, of tourism-characteristic sectors such as hotels, airlines, airports, travel agents and leisure
and recreation services that deal directly with tourists.The direct contribution of Travel & Tourism to GDP is calculated
from total internal spending by ‘netting out’ the purchases made by the different tourism sectors. This measure is
consistent with the definition of Tourism GDP, specified in the 2008 Tourism Satellite Account: Recommended
Methodological Framework (TSA: RMF 2008).
TOTAL CONTRIBUTION
The total contribution of Travel & Tourism includes its ‘wider impacts’ (ie the indirect and induced impacts) on the economy.
The ‘indirect’ contribution includes the GDP and jobs supported by:
Travel & Tourism investment spending – an important aspect of both current and future activity that includes
investment activity such as the purchase of new aircraft and construction of new hotels;
Government 'collective' spending, which helps Travel & Tourism activity in many different ways as it is made on
behalf of the ‘community at large’ – eg tourism marketing and promotion, aviation,
administration, security services, resort area security services, resort area sanitation services, etc;
Domestic purchases of goods and services by the sectors dealing directly with tourists - including, for example,
purchases of food and cleaning services by hotels, of fuel and catering services by airlines, and IT services by
travel agents.
The ‘induced’ contribution measures the GDP and jobs supported by the spending of those who are directly or indirectly
employed by the Travel & Tourism industry.
PLEASE NOTE THAT DUE TO CHANGES IN METHODOLOGY BETWEEN 2010 AND 2011, IT IS NOT POSSIBLE TO COMPARE FIGURES
PUBLISHED BY WTTC FROM 2011 ONWARDS WITH THE SERIES PUBLISHED IN PREVIOUS YEARS.
7. ST VINCENT AND THE GRENADINES: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO GDP
ST VINCENT AND THE GRENADINES: TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO GDP
1
All values are in constant 2012 prices & exchange rates
3
Travel & Tourism's
contribution to GDP
1
The direct contribution of Travel & Tourism to GDP in 2012 was XCD116.8mn (6.0% of GDP). This is forecast to
rise by 1.3% to XCD118.4mn in 2013.This primarily reflects the economic activity generated by industries
such as hotels, travel agents, airlines and other passenger transportation services (excluding commuter
services). But it also includes, for example, the activities of the restaurant and leisure industries directly
supported by tourists.
The direct contribution of Travel & Tourism to GDP is expected to grow by 3.8% pa to XCD172.5mn (6.4% of GDP)
by 2023.
0
20
40
60
80
100
120
140
160
180
200
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
20232023
Constant 2012 XCDmn % of whole economy GDP
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
20232023
induced income impacts, see page 2) was XCD423.3mn in 2012 (21.8% of GDP) and is expected to grow by
1.1% to XCD427.8mn (21.5% of GDP) in 2013.
It is forecast to rise by 4.0% pa to XCD632.1mn by 2023 (23.4% of GDP).
Constant 2012 XCDmn
Direct Indirect Induced
0
100
200
300
400
500
600
700
2012 2013 202320232023
0.0
5.0
10.0
15.0
20.0
25.0
2012 2013 20232023
% of whole economy GDP
Direct Indirect Induced
WTTC Travel & Tourism Economic Impact 2013
The total contribution of Travel & Tourism to GDP (including wider effects from investment, the supply chain and
8. ST VINCENT AND THE GRENADINES: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT
ST VINCENT AND THE GRENADINES: TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT
4
Travel & Tourism generated 2,500 jobs directly in 2012 (5.5% of total employment) and this is forecast to remain
the same in 2013 at 2,500 (5.5% of total employment).
This includes employment by hotels, travel agents, airlines and other passenger transportation services
(excluding commuter services). It also includes, for example, the activities of the restaurant and leisure
industries directly supported by tourists.
By 2023, Travel & Tourism will account for 3,000 jobs directly, an increase of 1.2% pa over the next ten years.
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
'000 jobs % of whole economy employment
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
The total contribution of Travel & Tourism to employment (including wider effects from investment, the supply
By 2023, Travel & Tourism is forecast to support 10,000 jobs (21.8% of total employment), an increase of 1.2%
pa over the period.
'000 jobs
Direct Indirect Induced
0.0
2.0
4.0
6.0
8.0
10.0
12.0
2012 2013 202320232023
0.0
5.0
10.0
15.0
20.0
25.0
2012 2013 20232023
% of whole economy employment
Direct Indirect Induced
WTTC Travel & Tourism Economic Impact 2013
Travel & Tourism's
contribution to employment
chain and induced income impacts, see page 2) was 8,500 jobs in 2012 (19.9% of total employment). This is
forecast to fall by 1.2% in 2013 to 8,500 jobs (19.6% of total employment).
2023
2023
9. VISITOR EXPORTS
ST VINCENT AND THE GRENADINES: VISITOR EXPORTS AND INTERNATIONAL TOURIST ARRIVALS
INVESTMENT
ST VINCENT AND THE GRENADINES: CAPITAL INVESTMENT IN TRAVEL & TOURISM
1
All values are in constant 2012 prices & exchange rates
5
Visitor Exports and Investment
1
Visitor exports are a key component of the direct contribution of Travel & Tourism. In 2012,
St Vincent and the Grenadines generated XCD270.3mn in visitor exports. In 2013, this is expected to grow by
1.8%, and the country is expected to attract 78,000 international tourist arrivals.
By 2023, international tourist arrivals are forecast to total 116,000, generating expenditure of XCD394.7mn, an
increase of 3.7% pa.
Constant 2012 XCDmn Foreign visitor exports as % of total exports
42.0
44.0
46.0
48.0
50.0
52.0
54.0
56.0
58.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
20232023
Travel & Tourism is expected to have attracted capital investment of XCD80.0mn in 2012. This is expected to
fall by 1.0% in 2013, and rise by 3.5% pa over the next ten years to XCD111.9mn in 2023.
Travel & Tourism’s share of total national investment will rise from 15.8% in 2013 to 17.1% in 2023.
Constant 2012 XCDmn
0
20
40
60
80
100
120
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
20232023
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
20232023
% of whole economy GDP
WTTC Travel & Tourism Economic Impact 2013
mn
Foreign tourist arrivals (RHS)
0
50
100
150
200
250
300
350
400
450
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
0
20
40
60
80
100
120
140
Foreign visitor exports (LHS)
2023
10. Leisure spending
Business spending
Foreign visitor spending
Domestic spending
Direct
Induced
Indirect
31.2%
16.1%
7.6%
1
All values are in constant 2012 prices & exchange rates
54.9%
(c) Government collective
Indirect is the sum of:
(a) Supply chain
(b) Investment
27.6%
17.5%
87.3%
12.7%
89.9%
10.1%
6 WTTC Travel & Tourism Economic Impact 2013
Different components of
Travel & Tourism1
St Vincent and the Grenadines
Travel & Tourism's Contribution to GDP:
Business vs Leisure, 2012 Leisure travel spending (inbound and domestic)
generated 89.9% of direct Travel & Tourism GDP
in 2012 (XCD278.6mn) compared with 10.1% for
business travel spending (XCD31.2mn).
Business travel spending is expected to fall by
3.3% in 2013 to XCD30.1mn, and rise by 0.8% pa
to XCD32.7mn in 2023.
Leisure travel spending is expected to grow by
1.8% in 2013 to XCD283.7mn, and rise by 3.6%
pa to XCD405.9mn in 2023.
St Vincent and the Grenadines
Domestic vs Foreign, 2012
Travel & Tourism's Contribution to GDP:
Domestic travel spending generated 12.7% of
direct Travel & Tourism GDP in 2012 compared
with 87.3% for visitor exports (ie foreign visitor
spending or international tourism receipts).
Domestic travel spending is expected to fall by
1.9% in 2013 to XCD38.7mn, and rise by 1.3% pa
to XCD44.0mn in 2023.
Visitor exports are expected to grow by 1.8% in
2013 to XCD275.1mn, and rise by 3.7% pa to
XCD394.7mn in 2023.
c b
a
St Vincent and the Grenadines
Breakdown of Travel & Tourism's Total Contribution to GDP, 2012
The Travel & Tourism industry contributes to GDP
and employment in many ways as detailed on
page 2.
The total contribution of Travel & Tourism to
GDP is nearly four times greater than its direct
contribution.
11. 2012 2012
(US$bn) (US$bn)
World Average 17.2 World Average 52.3
64 Dominican Republic 2.8 61 Dominican Republic 8.9
75 Cuba 2.0 64 Cuba 8.1
93 Jamaica 1.3 86 Jamaica 4.1
122 Barbados 0.6 112 Barbados 1.8
131 Bermuda 0.4 137 Bermuda 1.0
140 British Virgin Islands 0.3 141 Cayman Islands 0.8
145 Cayman Islands 0.2 144 British Virgin Islands 0.8
155 St Lucia 0.2 152 St Lucia 0.5
173 St Kitts and Nevis 0.1 171 St Kitts and Nevis 0.2
180 St Vincent and the Grenadines 0.0 174 St Vincent and the Grenadines 0.2
2012 2012
'000 jobs '000 jobs
World Average 793.7 World Average 1975.7
61 Dominican Republic 174.6 53 Dominican Republic 562.1
74 Cuba 125.5 55 Cuba 500.4
90 Jamaica 89.5 80 Jamaica 291.9
148 Barbados 15.2 145 Barbados 48.8
153 St Lucia 13.6 153 St Lucia 30.9
170 Bermuda 5.0 175 British Virgin Islands 8.7
174 British Virgin Islands 3.2 176 St Vincent and the Grenadines 8.6
178 Cayman Islands 2.7 177 Bermuda 8.3
179 St Vincent and the Grenadines 2.4 178 Cayman Islands 8.3
182 St Kitts and Nevis 1.8 180 St Kitts and Nevis 5.9
2012 2012
(US$bn) (US$bn)
World Average 4.2 World Average 6.8
63 Cuba 1.0 51 Dominican Republic 4.8
87 Dominican Republic 0.4 65 Cuba 2.7
102 Jamaica 0.3 70 Jamaica 2.3
119 Barbados 0.2 93 Barbados 1.1
128 Cayman Islands 0.1 117 British Virgin Islands 0.6
148 St Lucia 0.1 121 Bermuda 0.5
161 British Virgin Islands 0.0 124 Cayman Islands 0.4
162 St Kitts and Nevis 0.0 136 St Lucia 0.3
163 Bermuda 0.0 157 St Kitts and Nevis 0.1
165 St Vincent and the Grenadines 0.0 161 St Vincent and the Grenadines 0.1
Capital Investment
Visitor
Exports
The competing destinations selected are those that offer a similar tourism product and compete for tourists from the same set of origin markets.
These tend to be, but are not exclusively, geographical neighbours.
The tables on pages 7-10 provide provide brief extracts from the full WTTC Country League Table Rankings, highlighting comparisons with
competing destinations as well as with the world average.
Travel & Tourism's Direct
Contribution to GDP Contribution to GDP
Travel & Tourism's Total
Travel & Tourism's Direct
Contribution to Employment
Travel & Tourism's Total
Contribution to Employment
Travel & Tourism
Country rankings:
Absolute contribution, 2012
7WTTC Travel & Tourism Economic Impact 2013
12. 2012 2012
% share % share
2 British Virgin Islands 27.1 4 British Virgin Islands 77.3
12 St Lucia 13.3 11 Barbados 39.4
19 Barbados 11.9 12 St Lucia 39.0
27 Jamaica 8.4 20 Jamaica 27.4
30 St Kitts and Nevis 7.5 23 St Kitts and Nevis 25.9
33 Bermuda 7.2 26 Cayman Islands 24.2
34 Cayman Islands 7.0 29 St Vincent and the Grenadines 21.8
42 St Vincent and the Grenadines 6.0 43 Bermuda 15.8
World Average 5.2 48 Dominican Republic 15.2
63 Dominican Republic 4.7 World Average 14.1
113 Cuba 2.7 71 Cuba 11.0
2012 2012
% share % share
2 British Virgin Islands 32.8 2 British Virgin Islands 89.3
9 St Lucia 18.6 10 St Lucia 42.3
16 Bermuda 12.6 13 Barbados 38.8
19 Barbados 12.1 22 Cayman Islands 26.0
27 Cayman Islands 8.5 23 Jamaica 25.4
29 Jamaica 7.8 24 St Kitts and Nevis 24.6
32 St Kitts and Nevis 7.3 27 Bermuda 21.1
45 St Vincent and the Grenadines 5.5 31 St Vincent and the Grenadines 19.9
World Average 5.4 47 Dominican Republic 14.1
69 Dominican Republic 4.4 World Average 13.9
120 Cuba 2.5 77 Cuba 10.1
2012 2012
% share % share
14 Barbados 21.1 6 Barbados 64.5
16 Cayman Islands 18.5 11 St Lucia 60.6
22 St Vincent and the Grenadines 16.3 14 British Virgin Islands 56.4
24 St Lucia 16.2 17 St Vincent and the Grenadines 53.5
25 British Virgin Islands 15.6 21 Jamaica 48.9
26 St Kitts and Nevis 15.2 25 St Kitts and Nevis 41.2
27 Cuba 14.4 30 Dominican Republic 33.2
47 Jamaica 10.3 46 Cayman Islands 20.7
World Average 8.1 50 Bermuda 19.6
109 Dominican Republic 4.5 52 Cuba 19.0
135 Bermuda 3.2 World Average 16.6
Travel & Tourism's Direct
Contribution to GDP Contribution to GDP
Travel & Tourism's Total
Travel & Tourism's Direct
Contribution to Employment
Travel & Tourism's Total
Contribution to Employment
Travel & Tourism Investment
Contribution to Total Capital Investment
Visitor Exports
Contribution to Total Exports
WTTC Travel & Tourism Economic Impact 2013
Country rankings:
Relative contribution,2012
8
13. 2013 2013
% growth % growth
67 St Lucia 4.9 71 St Kitts and Nevis 4.4
70 St Kitts and Nevis 4.8 73 Jamaica 4.3
72 Jamaica 4.7 77 St Lucia 4.2
91 Dominican Republic 3.6 97 Dominican Republic 3.4
World Average 3.0 105 Cuba 3.1
120 Cuba 2.1 World Average 3.0
135 St Vincent and the Grenadines 1.3 148 Cayman Islands 1.2
142 Cayman Islands 1.0 153 St Vincent and the Grenadines 1.1
160 Bermuda 0.5 162 Bermuda 0.4
167 British Virgin Islands 0.2 164 British Virgin Islands 0.3
177 Barbados -1.4 174 Barbados -0.7
2013 2013
% growth % growth
16 St Lucia 5.8 20 Jamaica 5.7
37 Jamaica 5.5 25 St Lucia 5.2
51 St Kitts and Nevis 4.5 38 St Kitts and Nevis 4.1
100 Dominican Republic 4.0 51 Dominican Republic 3.7
World Average 1.3 World Average 1.7
152 Barbados 0.2 117 Barbados 0.7
137 Cayman Islands -0.4 138 Cayman Islands -0.2
180 British Virgin Islands -0.5 141 Cuba -0.4
136 St Vincent and the Grenadines -0.8 146 British Virgin Islands -0.7
135 Cuba -1.0 154 Bermuda -1.0
146 Bermuda -1.2 160 St Vincent and the Grenadines -1.2
2013 2013
% growth % growth
38 St Kitts and Nevis 7.9 47 St Kitts and Nevis 5.9
92 Bermuda 4.4 52 Jamaica 5.6
93 Jamaica 4.3 55 St Lucia 5.5
97 Cuba 3.9 88 Dominican Republic 3.1
World Average 3.9 World Average 2.8
114 Barbados 2.9 114 St Vincent and the Grenadines 1.8
125 British Virgin Islands 2.3 124 Bermuda 1.2
130 St Lucia 2.0 140 British Virgin Islands 0.2
155 Cayman Islands 0.2 142 Cayman Islands 0.1
161 Dominican Republic -0.6 151 Cuba -0.5
169 St Vincent and the Grenadines -1.0 164 Barbados -1.7
Travel & Tourism's Direct
Contribution to GDP Contribution to GDP
Travel & Tourism's Total
Travel & Tourism's Direct
Contribution to Employment
Travel & Tourism's Total
Contribution to Employment
Travel & Tourism
Investment
Visitor
Exports
Country rankings:
Real growth, 2013
9WTTC Travel & Tourism Economic Impact 2013
14. 2013 - 2023 2013 - 2023
% growth pa % growth pa
42 St Lucia 5.4 55 St Lucia 5.0
64 St Kitts and Nevis 4.9 60 St Kitts and Nevis 4.9
93 Cuba 4.4 95 Cuba 4.4
World Average 4.2 World Average 4.2
116 St Vincent and the Grenadines 3.8 114 St Vincent and the Grenadines 4.0
121 Jamaica 3.7 132 Jamaica 3.4
148 Dominican Republic 3.0 143 Cayman Islands 3.2
153 Cayman Islands 3.0 146 Dominican Republic 3.2
154 Bermuda 2.9 152 Bermuda 2.9
159 Barbados 2.7 153 Barbados 2.9
167 British Virgin Islands 2.4 165 British Virgin Islands 2.4
2013 - 2023 2013 - 2023
% growth pa % growth pa
16 St Lucia 4.1 18 St Lucia 3.7
37 Jamaica 3.2 46 Jamaica 2.9
51 St Kitts and Nevis 2.9 51 St Kitts and Nevis 2.8
100 Dominican Republic 2.0 World Average 2.5
World Average 2.0 103 Dominican Republic 2.0
135 Cuba 1.2 121 Cayman Islands 1.5
136 St Vincent and the Grenadines 1.2 133 St Vincent and the Grenadines 1.2
137 Cayman Islands 1.2 134 Bermuda 1.2
146 Bermuda 1.1 138 Cuba 1.1
152 Barbados 0.9 144 Barbados 0.9
180 British Virgin Islands -1.2 180 British Virgin Islands -1.1
2013 - 2023 2013 - 2023
% growth pa % growth pa
64 Cuba 5.2 35 St Lucia 5.6
World Average 5.0 57 St Kitts and Nevis 5.0
73 St Kitts and Nevis 4.9 68 Cuba 4.8
79 Jamaica 4.8 79 Jamaica 4.4
110 Barbados 4.1 World Average 4.0
125 St Lucia 3.6 111 St Vincent and the Grenadines 3.7
126 St Vincent and the Grenadines 3.5 141 Cayman Islands 2.9
136 Dominican Republic 3.3 143 Bermuda 2.8
156 Cayman Islands 2.6 145 Barbados 2.7
169 British Virgin Islands 1.9 155 Dominican Republic 2.4
183 Bermuda 0.2 157 British Virgin Islands 2.3
Contribution to Capital Investment
Visitor Exports
Contribution to Exports
Travel & Tourism's Direct
Contribution to GDP Contribution to GDP
Travel & Tourism's Total
Travel & Tourism's Direct
Contribution to Employment
Travel & Tourism's Total
Contribution to Employment
Travel & Tourism Investment
WTTC Travel & Tourism Economic Impact 2013
Country rankings:
Long term growth, 2013 - 2023
10
15. 2013
St Vincent and the Grenadines XCDmn % of total Growth2
XCDmn % of total Growth
3
Direct contribution to GDP 116.8 6.0 1.3 172.5 6.4 3.8
Total contribution to GDP 423.3 21.8 1.1 632.1 23.4 4.0
Direct contribution to employment
4
2 5.5 -0.8 3 6.1 1.2
Total contribution to employment
4
9 19.9 -1.2 10 21.8 1.2
Visitor exports 270.3 53.5 1.8 394.7 56.0 3.7
Domestic spending 39.5 2.0 -1.9 44.0 1.6 1.3
Leisure spending 278.6 5.3 1.8 405.9 5.8 3.6
Business spending 31.2 0.6 -3.3 32.7 0.5 0.8
Capital investment 80.0 16.3 -1.0 111.9 17.1 3.5
1
2012 constant prices & exchange rates;2
2013 real growth adjusted for inflation (%); 3
2013-2023 annualised real growth adjusted for inflation (%);4
'000 jobs
2013
Americas US$bn % of total Growth
2
US$bn % of total Growth
3
Direct contribution to GDP 680.4 2.9 2.8 1,021.9 3.1 3.9
Total contribution to GDP 2,001.4 8.6 2.7 2,946.0 9.1 3.6
Direct contribution to employment4
15,570 3.6 2.0 19,748 4.0 2.2
Total contribution to employment
4
40,048 9.3 2.2 51,027 10.3 2.2
Visitor exports 269.4 6.6 3.5 418.2 5.8 4.1
Domestic spending 1,056.5 4.5 2.6 1,571.2 4.8 3.8
Leisure spending 1,010.2 2.2 2.5 1,533.7 2.4 4.0
Business spending 315.6 0.7 3.2 455.7 0.7 3.4
Capital investment 239.3 5.9 4.7 401.5 6.2 4.8
1
2012 constant prices & exchange rates;2
2013 real growth adjusted for inflation (%); 3
2013-2023 annualised real growth adjusted for inflation (%);4
'000 jobs
2013
Worldwide US$bn % of total Growth
2
US$bn % of total Growth
3
Direct contribution to GDP 2,056.6 2.9 3.1 3,249.2 3.1 4.4
Total contribution to GDP 6,630.4 9.3 3.2 10,507.1 10.0 4.4
Direct contribution to employment
4
101,118 3.4 1.2 125,288 3.7 2.0
Total contribution to employment
4
261,394 8.7 1.7 337,819 9.9 2.4
Visitor exports 1,243.0 5.4 3.1 1,934.8 4.8 4.2
Domestic spending 2,996.3 4.2 3.2 4,831.2 4.7 4.6
Leisure spending 3,222.1 2.2 3.2 5,196.0 2.3 4.6
Business spending 1,017.4 0.7 3.1 1,572.8 0.7 4.1
Capital investment 764.7 4.7 4.2 1,341.4 4.9 5.3
1
2012 constant prices & exchange rates;2
2013 real growth adjusted for inflation (%); 3
2013-2023 annualised real growth adjusted for inflation (%);4
'000 jobs
2012
2012
2012 2012 2023
2012 2023
2012 2023
% of total refers to each indicator's share of the relevant whole economy indicator such as GDP and employment. Visitor exports is shown relative to total exports of goods and services.
WTTC Travel & Tourism Economic Impact 2013 11
Summary tables:
Estimates & Forecasts
1
1
1
1
1
1
Domestic spending is expressed relative to whole economy GDP. For leisure and business spending, their direct contribution to Travel & Tourism GDP is calculated as a share of
whole economy GDP (the sum of these shares equals the direct contribution). Investment is relative to whole economy investment
16. 2007 2008 2009 2010 2011 2012 2013E 2023F
Domestic expenditure
(includes government individual spending)
3. Internal tourism consumption
(= 1 + 2 )
4. Purchases by tourism providers,
including imported goods
(supply chain)
5. Direct contribution of
Travel & Tourism to GDP
(= 3 + 4)
Other final impacts
(indirect & induced)
6. Domestic supply chain
11. Total contribution of
Travel & Tourism to GDP
(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)
12.
Other indicators
14. Expenditure on outbound travel
147.6 125.3 116.8 118.4
-266.1
116.6 111.1 114.8
-189.9 -192.9 -195.4
263.4 270.3 275.1
-229.5 -206.8 -188.2-189.2
337.7 287.5 264.1
St Vincent and the Grenadines
(XCDmn, real 2012 prices)
1. Visitor exports 256.9 394.7
2. 39.4 44.6 41.6 42.4 41.3 39.5 38.7 44.0
377.2 332.2 305.8 299.2 304.7 309.7 313.8 438.6
8.5
172.5
9.6
632.1
2.4 2.7
427.8
144.4 210.5
-26.8
2.8 2.4 2.3 2.3
Induced
517.5 457.1 410.1
89.1 77.5 71.0
9.
406.8 417.3
7. Capital investment
8. Government collective spending
180.0 153.0
76.3 76.2 81.3 86.3 117.1
Direct contribution of Travel & Tourism to
employment
Imported goods from indirect spending
10.
-22.1 -28.0 -43.1 -26.0 -24.7 -24.7
142.2 135.5 140.0 142.5
89.8 94.6 86.8 77.3 81.4 80.0 79.2 111.9
33.1 34.7 36.7 38.5
8.3 8.5 8.6
46.833.0 34.7 35.4
-24.7
75.170.4 72.8 74.0
2.4 2.4
423.3
117.3
13.
95.0 89.7 77.3
Total contribution of Travel & Tourism
to employment
9.8 8.8 8.1
WTTC Travel & Tourism Economic Impact 201312
The economic contribution of
Travel & Tourism: Real 2012 prices
17. 2007 2008 2009 2010 2011 2012 2013E 2023F
Domestic expenditure
(includes government individual spending)
3. Internal tourism consumption
(= 1 + 2 )
4. Purchases by tourism providers,
including imported goods
(supply chain)
5. Direct contribution of
Travel & Tourism to GDP
(= 3 + 4)
Other final impacts
(indirect & induced)
6. Domestic supply chain
11. Total contribution of
Travel & Tourism to GDP
(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)
12.
Other indicators
14. Expenditure on outbound travel
Historical data for concepts has been benchmarked to match reported TSA data where available.
135.8 118.4 116.8 121.6
-360.2
108.4 105.6 111.2
-184.0 -192.9 116.3
255.2 270.3 282.7
-211.1 -195.4 -178.9-175.9
310.6 271.6 245.6
St Vincent and the Grenadines
(XCDmn, nominal prices)
1. Visitor exports 244.2 534.2
2. 36.3 42.2 38.7 40.3 40.0 39.5 39.8
-36.3
59.5
346.8 313.8 284.3 284.4 295.2 309.7 5.3 593.7
8.5
233.5
9.6
855.7
2.4 2.7
439.6
148.4 284.9
-25.4
2.8 2.4 2.3 2.3
77.2Induced
475.9 431.8 381.3
81.9 73.2 66.0
9.
386.7 404.3
7. Capital investment
8. Government collective spending
165.5 144.5
72.5 73.8 81.3 88.7 158.5
Direct contribution of Travel & Tourism to
employment
Imported goods from indirect spending
10.
-20.3 -26.4 -40.1 -24.7 -23.9 -24.7
132.2 128.8 135.7 142.5
82.6 89.4 80.7 73.5 78.9 80.0 81.4 151.5
63.430.4 32.8 34.1 36.6 31.9 34.7 36.3
8.1
66.9 70.5 74.0
2.4 2.4
423.3
8.3 8.5 8.6
*Concepts shown in this table align with the standard table totals as described in the 2008 Tourism Satellite Account: Recommended
Methodological Framework (TSA: RMF 2008) developed by the United Nations Statistical Division (UNSD), the Statistical Office
of the European Communities (EUROSTAT), the Organisation for Economic Co-operation and Development (OECD) and the World Tourism
Organization (UNWTO).
158.7
13.
87.4 84.7 71.8
Total contribution of Travel & Tourism
to employment
9.8 8.8
WTTC Travel & Tourism Economic Impact 2013 13
The economic contribution of
Travel & Tourism: Nominal prices
18. 2007 2008 2009 2010 2011 2012 2013E 2023F 2
Domestic expenditure
(includes government individual spending)
3. Internal tourism consumption
(= 1 + 2 )
4. Purchases by tourism providers,
including imported goods
(supply chain)
5. Direct contribution of
Travel & Tourism to GDP
(= 3 + 4)
Other final impacts
(indirect & induced)
6. Domestic supply chain
11. Total contribution of
Travel & Tourism to GDP
(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)
12.
Other indicators
14. Expenditure on outbound travel
1
2007-2012 real annual growth adjusted for inflation (%); 2
2013-2023 annualised real growth adjusted for inflation (%)
13.
15.1 -5.6 -13.8
Total contribution of Travel & Tourism
to employment
-8.0 -10.7 -7.4
3.4 1.6
3.9 1.3
1.4
5.3
1.0
8.0 4.9 5.9 4.9
1.5-0.1 18.2
-0.8
-7.1 -4.7 3.3 1.8
10.
1.4
-11.5
-1.8
-14.4 5.1
-21.4 -2.4
-8.2 -11.0
-10.3
-8.4
Direct contribution of Travel & Tourism to
employment
Imported goods from indirect spending
-13.9 -4.0 -2.4
6.7-1.3 -0.1
1.7 3.2
6.2
9.
-0.8 2.6
7. Capital investment
8. Government collective spending
-10.3 -15.0
Induced
-6.1 -11.7
-8.8 -13.0
20.3 5.3
-1.2
-0.8
1.1
1.3
1.0
1.5
-1.0
2.1
-1.9
-8.1 -11.7 -7.8 -2.0 1.6 1.7 1.3
1.8 -2.5 -4.4
2.5
2. 15.2 13.2 -6.8
2.6
St Vincent and the Grenadines
Growth1
(%)
1. Visitor exports 1.8
-6.9 -9.9 -0.5-8.5
-10.4 -14.9 -8.1 -2.8
0.9 1.6 1.3
3.8-10.2 -15.1 1.8 1.3-7.0 -4.7 3.3
3.8
3.5
2.8
3.7
1.3
3.4
3.1
1.2
3.1
2.7
4.6
4.0
1.2
WTTC Travel & Tourism Economic Impact 201314
The economic contribution of
Travel & Tourism: Growth
19. WTTC Travel & Tourism Economic Impact 2013 15
Glossary
Key Definitions
Travel & Tourism – relates to the activity of travellers on
trips outside their usual environment with a duration of less
than one year. Economic activity related to all aspects of
such trips is measured within the research.
Direct contribution to GDP – GDP generated by
industries that deal directly with tourists, including hotels,
travel agents, airlines and other passenger transport
services, as well as the activities of restaurant and leisure
industries that deal directly with tourists. It is equivalent to
total internal Travel & Tourism spending (see below) within
a country less the purchases made by those industries
(including imports). In terms of the UN’s Tourism Satellite
Account methodology it is consistent with total GDP
calculated in table 6 of the TSA: RMF 2008.
Direct contribution to employment – the number of
direct jobs within the Travel & Tourism industry. This is
consistent with total employment calculated in table 7 of the
TSA: RMF 2008.
Total contribution to GDP – GDP generated directly by
the Travel & Tourism industry plus its indirect and induced
impacts (see below).
Total contribution to employment – the number of jobs
generated directly in the Travel & Tourism industry plus the
indirect and induced contributions (see below).
Direct Spending Impacts
Visitor exports – spending within the country by
international tourists for both business and leisure trips,
including spending on transport, but excluding international
spending on education. This is consistent with total inbound
tourism expenditure in table 1 of the TSA: RMF 2008.
Domestic Travel & Tourism spending – spending within
a country by that country’s residents for both business and
leisure trips. Multi-use consumer durables are not included
since they are not purchased solely for tourism purposes.
This is consistent with total domestic tourism expenditure
in table 2 of the TSA: RMF 2008. Outbound spending by
residents abroad is not included here, but is separately
identified according to the TSA: RMF 2008 (see below).
Government individual spending – spending by
government on Travel & Tourism services directly linked
to visitors, such as cultural (eg museums) or recreational
(eg national parks).
Internal tourism consumption – total revenue generated
within a country by industries that deal directly with tourists
including visitor exports, domestic spending and government
individual spending. This does not include spending abroad
by residents. This is consistent with total internal tourism
expenditure in table 4 of the TSA: RMF 2008.
Business Travel & Tourism spending – spending
on business travel within a country by residents and
international visitors.
Leisure Travel & Tourism spending – spending on leisure
travel within a country by residents and international visitors.
Indirect and Induced Impacts
Indirect contribution – the contribution to GDP and jobs of
the following three factors:
• Capital investment – includes capital investment
spending by all sectors directly involved in the Travel
& Tourism industry. This also constitutes investment
spending by other industries on specific tourism assets
such as new visitor accommodation and passenger
transport equipment, as well as restaurants and leisure
facilities for specific tourism use. This is consistent with
total tourism gross fixed capital formation in table 8 of the
TSA: RMF 2008.
• Government collective spending – general government
spending in support of general tourism activity. This can
include national as well as regional and local government
spending. For example, it includes tourism promotion,
visitor information services, administrative services and
other public services. This is consistent with total collective
tourism consumption in table 9 of TSA: RMF 2008.
• Supply-chain effects – purchases of domestic goods
and services directly by different sectors of the Travel &
Tourism industry as inputs to their final tourism output.
Induced contribution – the broader contribution to GDP
and employment of spending by those who are directly or
indirectly employed by Travel & Tourism.
Other Indicators
Outbound expenditure – spending outside the country
by residents on all trips abroad. This is fully aligned with total
outbound tourism expenditure in table 3 of the TSA: RMF 2008.
Foreign visitor arrivals – the number of arrivals of foreign
visitors, including same-day and overnight visitors (tourists) to
the country.
20. WTTC Travel & Tourism Economic Impact 201316
WTTC has an on-going commitment to align its economic impact research with the UN Statistics
Division-approved 2008 Tourism Satellite Account: Recommended Methodological Framework (TSA:RMF 2008)
and has made small revisions to the research both this year and in 2012, following a full refinement in 2011.
This has involved further benchmarking of country reports to official, published TSAs, including for countries
which are reporting data for the first time, as well as existing countries reporting an additional year’s data.
New country TSAs incorporated this year were Jordan, Italy and Sweden. As part of the alignment process in
2012, international travel expenditure inflows and outflows related to education were excluded from the data.
Three new countries have been added in 2013 (Georgia, Iraq and Uzbekistan), bringing the total countries
covered to 184 country reports. Additionally, we also produce a world report and reports on 17 world regions
and sub-regions. This year there are 7 reports for special economic and geographic groups, including, for the
first time, the Organization of American States (OAS) and the Commonwealth.
Economic and Geographic Groups
APEC (Asia-Pacific Economic Cooperation)
Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand,
Papua New Guinea, Peru, Philippines, Russian Federation, Singapore, Taiwan, Thailand, USA, Vietnam.
G20
Argentina, Australia, Brazil, Canada, China, European Union, France*, Germany*, India, Indonesia, Italy*, Japan,
Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, Turkey, UK*, USA.
Mediterranean
Albania, Algeria, Bosnia Herzegovina, Croatia, Cyprus, Egypt, France, Greece , Israel, Italy, Lebanon, Libya,
Malta, Montenegro, Morocco, Serbia, Slovenia, Spain, Syria, Tunisia, Turkey, Jordan, Macedonia, Portugal.
OAS (Organization of American States)
Argentina, Antigua and Barbuda, Bahamas, Barbados, Belize, Bolivia, Brazil, Canada, Chile, Colombia,
Costa Rica, Cuba, Dominican Republic, Dominica, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti,
Honduras, Jamaica, Mexico, St Kitts and Nevis, Nicaragua, Panama, Paraguay, Peru, St Lucia,
St Vincent and the Grenadines, Suriname, Trinidad and Tobago, USA, Uruguay.
OECD (Organisation for Economic Co-Operation and Development)
Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece,
Hungary, Iceland, Ireland, Israel, Italy, Japan, South Korea, Luxembourg, Mexico, Netherlands,
New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, UK, USA.
OTHER OCEANIA
American Samoa, Cook Islands, French Polynesia, Guam, Marshall Islands, Micronesia (Federated States of),
New Caledonia, Niue, Northern Mariana Islands, Palau, Somoa, Tuvalu.
SADC (Southern African Development Community)
Angola, Botswana, Democratic Republic of Congo (DRC), Lesotho, Madagascar, Malawi, Mauritius,
Mozambique, Namibia, Seychelles, South Africa, Swaziland, Tanzania, Zambia, Zimbabwe.
The Commonwealth
Anguilla, Antigua and Barbuda, Australia, Bahamas, Bangladesh, Barbados, Belize, Bermuda, Botswana,
Brunei, Cameroon, Canada, Cayman Islands, Cyprus, Dominica, Gambia, Ghana, Grenada, Guyana, India,
Jamaica, Kenya, Kiribati, Lesotho, Malawi, Malaysia, Maldives, Malta, Mauritius, Mozambique, Namibia, Nigeria,
New Zealand, Pakistan, Papua New Guinea, Rwanda, South Africa, Seychelles, Sierra Leone, Singapore,
Solomon Islands, Sri Lanka, St Kitts and Nevis, St Lucia, St Vincent and the Grenadines, Swaziland, Tanzania,
Tonga, Trinidad and Tobago, Uganda, UK, British Virgin Islands, Vanuatu, Zambia.
*included in European Union
Methodological note
21. WTTC Travel & Tourism Economic Impact 2013 17
WORLD
Economic impact reports:
Regions, sub-regions and countries
Region
Sub-
region
Country
Africa
North
Africa
Algeria
Egypt
Libya
Morocco
Tunisia
SUB-SAHARAN
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Cape Verde
Central African
Republic
Chad
Comoros
Democratic
Republic of Congo
Ethiopia
Gabon
Gambia
Ghana
Guinea
Ivory Coast
Kenya
Lesotho
Madagascar
Malawi
Mali
Mauritius
Mozambique
Namibia
Niger
Nigeria
Republic of Congo
Reunion
Rwanda
Sao Tome &
Principe
Senegal
Seychelles
Sierra Leone
South Africa
Sudan
Swaziland
Tanzania
Togo
Uganda
Zambia
Zimbabwe
Region
Sub-
region
Country
Europe
EuropeanUnion
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
UK
OtherEurope
Albania
Armenia
Azerbaijan
Belarus
Bosnia
Herzegovina
Croatia
Georgia
Iceland
Kazakhstan
Kyrgyzstan
Macedonia
Moldova
Montenegro
Norway
Russian
Federation
Serbia
Switzerland
Turkey
Ukraine
Uzbekistan
MiddleEast
Bahrain
Iran
Iraq
Israel
Jordan
Kuwait
Lebanon
Oman
Qatar
Saudi Arabia
Syria
UAE
Yemen
Region
Sub-
region
Country
Asia-PACIFIC
NORTHEASTAsia
Japan
China
Hong Kong
South Korea
Macau
Taiwan
Mongolia
Oceania
Australia
New Zealand
Fiji
Kiribati
Other Oceania
Papua
New Guinea
Solomon Islands
Tonga
Vanuatu
SouthAsia
Bangladesh
India
Maldives
Nepal
Pakistan
Sri Lanka
SouthEastAsia
Brunei
Cambodia
Indonesia
Laos
Malaysia
Myanmar
Philippines
Singapore
Thailand
Vietnam
Europe
EuropeanUnion
Austria
Belgium
Bulgaria
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Region
Sub-
region
Country
Americas
Caribbean
Anguilla
Antigua &
Barbuda
Aruba
Bahamas
Barbados
Bermuda
Cayman Islands
Cuba
Former
Netherlands
Antilles
Dominica
Dominican
Republic
Grenada
Guadeloupe
Haiti
Jamaica
Martinique
Puerto Rico
St Kitts & Nevis
St Lucia
St Vincent & the
Grenadines
Trinidad &
Tobago
UK Virgin Islands
US Virgin Islands
LatinAmerica
Argentina
Belize
Bolivia
Brazil
Chile
Colombia
Costa Rica
El Salvador
Ecuador
Guatemala
Guyana
Honduras
Nicaragua
Panama
Paraguay
Peru
Suriname
Uruguay
Venezuela
North
America
Canada
Mexico
USA
22. Every trip that is taken helps to boost our global economy by trillions
of dollars and supports 260 million jobs worldwide. That’s almost
1 in 11 of all the jobs on our planet. So, thanks for playing your
part in Travel & Tourism – one of the world’s greatest industries.
For more information on the
World Travel & Tourism Council visit wttc.org
Travel with the
feelgood factor
23. WTTC Travel & Tourism Economic Impact 2013 19
THE WORLD TRAVEL & TOURISM COUNCIL
IS THE FORUM FOR BUSINESS LEADERS IN THE
TRAVEL & TOURISM INDUSTRY.
With the Chairs and Chief Executives of the 100 foremost Travel & Tourism companies as its
members, WTTC has a unique mandate and overview on all matters related to Travel & Tourism.
WTTC works to raise awareness of Travel & Tourism as one of the world’s largest industries,
supporting over 260 million jobs and generating 9% of global GDP in 2012.
Together with its research partner, Oxford Economics, WTTC produces comprehensive reports
on an annual basis - to quantify, compare and forecast the economic impact of Travel & Tourism
on 184 economies around the world. It also publishes a World report highlighting global trends,
as well as reports on regions, sub-regions and economic and geographic groups.
To download one-page summaries, the full reports or spreadsheets, visit www.wttc.org
ASSISTING WTTC TO PROVIDE TOOLS FOR ANALYSIS,
BENCHMARKING, FORECASTING AND PLANNING.
Over the last 30 years, Oxford Economics has built a diverse and loyal client base of over 700
organisations worldwide, including international organisations, governments, central banks,
and both large and small businesses. Headquartered in Oxford, England, with offices in
London, Belfast, Paris, the UAE, Singapore, Philadelphia, New York and San Francisco, Oxford
Economics employs over 80 full-time, highly qualified economists and data analysts, while
maintaining links with a network of economists in universities worldwide.
For more information, please take advantage of a free trial on our website,
www.oxfordeconomics.com, or contact Frances Nicholls, Head of Business Development,
Oxford Economics Ltd, Broadwall House, 21 Broadwall, London SE1 9PL.
Tel: +44 (0)207 803 1418, email: fnicholls@oxfordeconomics.com
24. WTTC Travel & Tourism Economic Impact 201320
CHAIRMAN
TUI DEUTSCHLAND GMBH
& TUIFLY GMBH
Dr Michael Frenzel
Chairman of the Executive Board
PRESIDENT & CEO
WORLD TRAVEL &
TOURISM COUNCIL
David Scowsill
VICE CHAIRMEN
BEIJING TOURISM GROUP
DUAN Qiang
Chairman
ETIHAD AIRWAYS
James Hogan
CEO
GLOBAL LEISURE PARTNERS
Mark Harms
Chairman & CEO
JUMEIRAH GROUP
Gerald Lawless
President & Group CEO
MANDARIN ORIENTAL
Edouard Ettedgui
Group Chief Executive
SILVERSEA CRUISES
Manfredi Lefebvre d’Ovidio di
Balsorano de Clunieres
Chairman
THE TRAVEL CORPORATION
Brett Tollman
President & Chief Executive
WYNDHAM WORLDWIDE
Stephen P Holmes
Chairman & CEO
EXECUTIVE COMMITTEE
ABERCROMBIE & KENT
Geoffrey J W Kent
Founder, Chairman & CEO
ACCOR
Denis Hennequin
Chairman & CEO
AMERICAN EXPRESS COMPANY
William Glenn
President, Global Merchant Network
Group
BHARAT HOTELS
Jyotsna Suri
Chairperson & Managing Director
CARLSON
Douglas Anderson
President & CEO Carlson Wagonlit Travel
EMIRATES
Gary Chapman
President Group Services & Dnata,
Emirates Group
HILTON WORLDWIDE
Christopher J Nassetta
President & CEO
INTERCONTINENTAL HOTELS GROUP
Richard Solomons
Chief Executive
MARRIOTT INTERNATIONAL
JW Marriott, Jr
Chairman
Arne M Sorenson
President & CEO
OUTRIGGER ENTERPRISES GROUP
Dr Richard R Kelley
Chairman Emeritus
REVOLUTION PLACES
Philippe Bourguignon
Vice Chairman
RIOFORTE INVESTMENTS SA
Manuel Fernando Espírito Santo
Chairman
SABRE HOLDINGS
Tom Klein
President
SHUN TAK HOLDINGS
Pansy Ho
Managing Director
JTB CORP
Hiromi Tagawa
President & CEO
TRAVEL GUARD WORLDWIDE
Jeffrey C Rutledge
Chairman & CEO
TRAVELPORT
Gordon Wilson
President & CEO
TSOGO SUN GROUP
Jabu Mabuza
Deputy Chairman
VISITBRITAIN
Christopher Rodrigues, CBE
Chairman
GLOBAL MEMBERS
ALTOUR
Alexandre Chemla
President
AMADEUS IT GROUP SA
Luis Maroto
President & CEO
AVIS BUDGET GROUP
Ronald L Nelson
Chairman & CEO
BEIJING CAPITAL
INTERNATIONAL AIRPORT CO
DONG Zhiyi
Chairman
ZHANG Guanghui
President & CEO
BEIJING TOURISM GROUP
LIU Yi
President
BEST DAY TRAVEL
Fernando García Zalvidea
President & Founder
BOSCOLO GROUP
Giorgio Boscolo
CEO
BRITISH AIRWAYS
Keith Williams
Chief Executive Officer
CANNERY ROW COMPANY
Ted J Balestreri
Chairman & CEO
CHINA INTERNATIONAL TRAVEL
SERVICE, HEAD OFFICE (CITS)
YU Ningning
President
CHINA SOUTHERN AIRLINES
TAN Wangeng
President & CEO
COSTA CRUISES
Pier Luigi Foschi
Chairman of the Board
CTRIP.COM INTERNATIONAL
Min Fan
CEO
DEPARTMENT OF TOURISM &
COMMERCE MARKETING,
GOVERMENT OF DUBAI
Khalid A bin Sulayem
Director General
DIAMOND RESORTS
Stephen J Cloobeck
Founder & Chairman
DLA PIPER
Sir Nigel Knowles
Co-CEO & Managing Partner
DUBAILAND
Mohammed Al Habbai
CEO
DUBAI AIRPORTS INTERNATIONAL
Paul Griffiths
CEO
EAST JAPAN RAILWAY COMPANY
Satoshi Seino
Chairman & Director
EXPEDIA INC
Dara Khosrowshahi
President & CEO
FAIRMONT HOTELS & RESORTS
Jennifer Fox
President
GLOBAL BLUE GROUP
Per Setterberg
President & CEO
HERTZ CORPORATION
Mark Frissora
Chairman & CEO,
Michel Taride
President, Hertz International
HNA GROUP
CHEN Feng
Chairman of the Board
HOGG ROBINSON GROUP
David Radcliffe
Chief Executive
HONG KONG & SHANGHAI HOTELS
Clement Kwok
CEO & MD
HOTELPLAN GROUP
Hans Lerch
Vice Chairman & CEO
HUANGSHAN TOURISM GROUP
XU Jiwei
Chairman
HYATT HOTELS CORPORATION
Mark S Hoplamazian
President and CEO
IBM
Marty Salfen
General Manager, Global Travel &
Transportation Industry
INDIAN HOTELS COMPANY
RK Krishna Kumar
Vice Chairman
INTERNATIONAL AIRLINES GROUP
Willie Walsh
Chief Executive
INTERSTATE HOTELS & RESORTS
Jim Abrahamson
CEO
JONES LANG LASALLE HOTELS
Arthur de Haast
Chairman
LEBUA HOTELS & RESORTS
Rattawadee Bualert
President
Deepak Ohri
CEO
LOEWS HOTELS
Jonathan M Tisch
Chairman & CEO
LOS ANGELES WORLD AIRPORTS
Gina Marie Lindsey
Executive Director
WTTC Members
25. WTTC Travel & Tourism Economic Impact 2013 21
WTTC Members
LOTTE
Dong-Bin Shin
Chairman
MELIÁ HOTELS INTERNATIONAL
Sebastián Escarrer
Vice Chairman
MESSE BERLIN GMBH
Raimund Hosch
President & CEO
MGM RESORTS
INTERNATIONAL
Jim Murren
CEO
MISSION HILLS GROUP
Dr Ken Chu
Chairman & CEO
ORBITZ WORLDWIDE
Barney Harford
CEO
OTI HOLDING
Ayhan Bektas
Chairman
OZALTIN HOLDING
Öznur Özdemir
Vice Chairman
PALACE RESORTS
José Chapur Zahoul
President
PAN PACIFIC HOTEL GROUP
Patrick Imbardelli
President & CEO
QUNAR
CC Zhuang
Co-Founder & CEO
RADISSON EDWARDIAN HOTELS
Jasminder Singh
Chairman & CEO
REED TRAVEL EXHIBITIONS
Richard Mortimore
Managing Director
RELAIS & CHÂTEAUX
Jaume Tàpies
President
ROYAL CARIBBEAN CRUISES
Richard D Fain
Chairman & CEO
R TAUCK & PARTNERS
Robin Tauck
President
S-GROUP CAPITAL
MANAGEMENT
Vladimir Yakushev
Managing Partner
SHANGRI-LA INTERNATIONAL HOTEL
MANAGEMENT
Greg Dogan
President & CEO
SHANGHAI JIN JIANG INTERNATIONAL
HOTELS
YANG Weimin
CEO
SOUTH AFRICAN AIRWAYS
Sizakele Mzimela
CEO
SPRING INTERNATIONAL
TRAVEL SERVICES
YU Wan
Vice-President
STARWOOD HOTELS & RESORTS
WORLDWIDE
Frits D van Paasschen
President & CEO
TAJ HOTELS RESORTS & PALACES
Raymond Bickson
Managing Director & CEO
TAP PORTUGAL
Fernando Pinto
CEO
TRANSAERO AIRLINES
Alexander Pleshakov
Chairman
TRAVEL LEADERS
Michael Batt
Chairman & CEO
UNITED AIRLINES
Jeff Smisek
President & CEO
Jim Compton
Executive Vice President & Chief Rev-
enue Officer
VALUE RETAIL
Desiree Bollier
CEO
VIRTUOSO
Matthew D Upchurch CTC
CEO
WILDERNESS SAFARIS
Andy Payne
CEO
ZAGAT SURVEY LLC
Tim Zagat
Co-Founder, Co-Chair & CEO
INDUSTRY PARTNERS
BOSTON CONSULTING GROUP
Dr Achim Fechtel
Senior Partner & Managing Director
Dr Daniel Stelter
Senior Partner & Managing Director
THE COCA-COLA COMPANY
Stefanie D Miller
Group Vice President, Strategic
Partnership Marketing
DELOITTE
Adam Weissenberg
Vice Chairman & Partner, Deloitte &
Touche LLP
GOOGLE
Rob Torres
Managing Director for Travel
JCB
Koremitsu Sannomiya
President & Chief Operating Officer
SPENCER STUART
Jerry Noonan
Global Consumer Leader
TOSHIBA CORPORATION
Atsutoshi Nishida
Chairman of the Board
REGIONAL MEMBERS
APPLE LEISURE GROUP
Alex Zozaya
CEO
DOURO AZUL
Mario Ferreira
CEO
EL CID RESORTS
Carlos Berdegué
CEO
JA RESORTS AND HOTELS
Kevin Wallace
President & CEO
MAKEMYTRIP.COM
Deep Kalra
Founder & Chief Executive
NORTHERN CAUCACUS RESORTS
Alexey Anatolyevich
Director General
ROTANA HOTEL MANAGEMENT
CORPORATION
Selim El Zyr
President & CEO
SHKP HOTELS
Ricco De Blank
CEO
SWAIN TOURS
Ian Swain
President
TREND OPERADORA LTDA
Luis Paulo Luppa
CEO
HONORARY MEMBERS
ACCOR
Gérard Pélisson
Co-Chairman,Supervisory Board
AMERICAN EXPRESS COMPANY
Jonathan S Linen
Adviser to Chairman
ANDRÉ JORDAN GROUP
André Jordan
Chairman
THE HERTZ CORPORATION
Frank Olsen
Retired Chairman of the Board
TOSCANA VILLE & CASTELLI
Tommaso Zanzotto
President
UNIVERSAL MEDIA
Carl Ruderman
Chairman
CHAIRMAN EMERITUS
RRE VENTURES
James D Robinson III
General Partner
WTTC Chairman (1990-1994)
IMMEDIATE PAST
CHAIRMAN
ABERCROMBIE & KENT
Geoffrey J W Kent
Founder, Chairman & CEO
WTTC Chairman (2007-2012)
FORMER CHAIRMEN
GLOBAL ALLIANCE ADVISORS LLC
Vincent A Wolfington
Chairman
WTTC Chairman (2004-2007)
INTERCONTINENTAL HOTELS GROUP
Sir Ian Prosser
Retired Chairman
WTTC Chairman (2001-2003)
AMERICAN EXPRESS
Harvey Golub
Retired Chairman & CEO
WTTC Chairman (1996-2001)
ROBERT H BURNS HOLDINGS
Robert H Burns
Chairman
WTTC Chairman (1994-1996)
IMMEDIATE PAST
PRESIDENT
CREWE ASSOCIATES
Jean-Claude Baumgarten
Chairman & MD