The Importance Of Travel & Tourism To The Global Economy
The travel and tourism industry continues to flourish thanks to a new breed of Travellers. It’s amazing that 1 in 11 jobs now rely upon the industry.
There are many reasons behind the increase in the number of people Travelling. First of all, the rise of a strong middle class in countries like China and Russia has been massively influential. People in these countries now have the opportunities to embrace other cultures and they are Travelling abroad in growing numbers. In the next 15 years another 2 billion people will join the middle class in China alone.
On top of this, the amount of young people are Travelling to broaden their horizons is further contributing to the growth of the industry. Bleisure is the combination of a business trip with a leisure trip, and more often than not business people extend their stay by adding a leisure component.
This info-graphic from Nerval, a restaurant and hotel furniture in Canada, illustrates the growth in travel and tourism, and outlines what the hospitality sector needs to do to take advantage of it.