
Tourists from Asia exploring Hallstatt, Austria.
Travel and tourism a key driver in world economy
By Summit Voice
SUMMIT COUNTY — The global tourism economy hummed along at a record pace in 2012, growing by 4 percent and generating a total of $1.3 trillion when international passenger transit revenues are included in the equation.
“It is encouraging to see that the growth in international tourist arrivals was equalled by a comparable increase in spending in spite of continued economic challenges,” said United Nations World Tourism Organization secretary-general Taleb Rifai. “Considering that tourism is a key export for many economies around the world, this result is good news as it provides foreign reserves to destinations, and contributes to job creation in tourism as well as in related economic sectors,” he added.
By regions, the Americas recorded the largest increase in receipts, plus 7 percent, followed by Asia and the Pacific ( plus 6 percent), Africa ( plus 5 percent) and Europe (plus 2 percent). Receipts in the Middle East were down about 2 percent but improving compared to the double-digit decline recorded in 2011. (more…)
Filed under: tourism, transportation, Travel | Tagged: Taleb Rifai, Tourism, Travel, world economy, World Tourism Organization | 1 Comment »


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