Thursday, 18 April 2024



LATEST NEWS Punjab Congress Kickstart Election Campaign From Sangrur A Night of Stars And Striking Performances inside the Grand Premiere of 'Shayar' Tsunami of AAP in Bharuch - Massive turnout in Bhagwant Mann's 'Jan Ashirwad Yatra' in Gujarat Meeting of all BJP district in-charges, presidents, general secretaries, morcha and mañdal presidents and general secretaries held in BJP office Gurjit Singh Aujla bowed down to Shri Harmandir Sahib and Sri Durgiana temple Birla Open Minds Joins Forces with Rohit Sharma Cricket Academy CricKingdom to Elevate Cricket Programs within their schools ''PEC had always been Jaspal Ji's Second Mother'': Savita Bhatti The Ultimate Guide to Sustainable Kitchen Cleaning Professor Dr Robert Zeiser receives DKMS Mechtild Harf Science Award 2024 SOMANY MAX Glazed Vitrified Tiles (GVT) - A New Standard in the Tiles Vertical DC conducts surprise inspection in Gill Road grain market Ensure strict compliance of 'Safe School Vahan Policy' for safety of students or be ready to face action - DC to school heads Administration to make all-out efforts to wipe out child begging Sanjay Tandon Emphasizes Senior Citizens' Crucial Role in Society Punjab Police Solves Murder Case Of VHP Leader Within 72 Hours; Two Assailants Held Bihar Cadre IAS Officers Visited SAS Nagar Administration is ensuring smooth procurement operations in district- Sakshi Sawhney Amarinder Singh Raja Warring Seeks Blessings At Shri Maa Chintpurni Temple Shayar: 5 Reasons To Watch Neeru Bajwa And Satinder Sartaaj Shine Haryana Chief Secretary pays tribute to Baba Saheb Dr. Bhimrao Ambedkar's on 133rd birth anniversary AAP announces remaining four LS candidates in Punjab


Global tourism industry to create nearly 126mn jobs in 10 yrs : Report

Tourism, Global Tourism, Jobs, Employement, Manila
Listen to this article

5 Dariya News

5 Dariya News

5 Dariya News

Manila , 21 Apr 2022

The global tourism industry is expected to create almost 126 million jobs worldwide within 10 years, the World Travel and Tourism Council (WTTC) said in a report released on Thursday in the Philippine capital. The WTTC's latest Economic Impact Report (EIR) says the travel and tourism sector will be a driving force of the global economic recovery from the Covid-19 pandemic, reports Xinhua news agency. The report forecasts that the travel and tourism sector's GDP will grow at an average rate of 5.8 per cent annually between 2022 and 2032, outstripping the growth rate for the global economy, to reach $14.6 trillion, equivalent to 11.3 per cent of the total global economy. WTTC President and CEO Julia Simpson said at the Global Tourism Summit in Manila that "one in three of every new job created will be related to the sector". 

The report predicts that the travel and tourism sector across Asia and the Pacific region will rebound significantly and is estimated to create almost 77 million new jobs over the next decade. At the same time, the sector's contribution to regional gross domestic product (GDP) is forecast to grow at an average annual rate of 8.5 per cent between 2022 and 2032, faster than the region's overall economic growth. The report also shows that global travel and tourism GDP could reach pre-pandemic levels by 2023, just 0.1 per cent below 2019. "This will be matched by a boost in travel and tourism employment, which is expected to approach 2019 levels in 2023, only 2.7 per cent below," Simpson added. According to the WTTC, the global tourism sector started recovering in 2021 when its contribution to GDP climbed by 21.7 per cent year on year to reach more than $5.8 trillion.


Tags: Tourism , Global Tourism , Jobs , Employement , Manila



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD