Monday, November 9, 2009

Tourism – an Economic and Social Phenomenon

Over the decades, tourism has experienced continued growth and deepening ‎diversification to become one of the fastest growing economic sectors in the world. ‎Modern tourism is closely linked to development and encompasses a growing number ‎of new destinations. These dynamics have turned tourism into a key driver for socio-‎economic progress.‎

Today, the business volume of tourism equals or even surpasses that of oil exports, ‎food products or automobiles. Tourism has become one of the major players in ‎international commerce, and represents at the same time one of the main income ‎sources for many developing countries. This growth goes hand in hand with an ‎increasing diversification and competition among destinations.‎

This global spread of tourism in industrialised and developed states has produced ‎economic and employment benefits in many related sectors - from construction to ‎agriculture or telecommunications.‎

The contribution of tourism to economic well-being depends on the quality and the ‎revenues of the tourism offer. UNWTO assists destinations in their sustainable ‎positioning in ever more complex national and international markets. As the UN agency ‎dedicated to tourism, UNWTO points out that particularly developing countries stand to ‎benefit from sustainable tourism and acts to help make this a reality.‎

Key numbers:‎
From 1950 to 2005, international tourism arrivals expanded at an annual rate of ‎‎6.5%, growing from 25 million to 806 million travellers.‎
The income generated by these arrivals grew at an even stronger rate reaching ‎‎11.2% during the same period, outgrowing the world economy, reaching around ‎US$ 680 billion in 2005.‎
While in 1950 the top 15 destinations absorbed 88% of international arrivals, in ‎‎1970 the proportion was 75% and decreased to 57% in 2005, reflecting the ‎emergence of new destinations, many of them in developing countries.‎
Current developments & forecasts:‎
Worldwide arrivals reached 842 million in 2006, representing a 4.6% year on ‎year growth.‎
‎2007 looks set to be the fourth consecutive year of sustained growth for a ‎global tourism industry that continues to show its resilience to any natural or ‎man-made crises.‎
UNWTO predicts a 4% growth of international tourist arrivals in 2007, in line ‎with its long-term forecast growth rate through to 2020 of 4.1%.‎
By 2020 international arrivals are expected to surpass 1.5 billion people.‎

Source:
http://www.unwto.org/aboutwto/why/en/why.php?op=1

0 comments:

Massage Therapy Program Top Guide

Vintage Style Engagement Rings Top Guide

Professional Dog Training Website

  © Blogger templates Newspaper III by Ourblogtemplates.com 2008

Back to TOP