2023-06-10 17:00:00
A pillar of the global economy
Tourism is a key sector of the global economy, being among the largest and fastest growing industries. It is a major contributor to global GDP, accounting for regarding 10% of it. In 2018, it also generated no less than 319 million jobs worldwide. These figures demonstrate the crucial importance of this sector for the national economies of different countries.
Moreover, the sector has experienced considerable growth in recent years, with a total of 1.4 billion international tourists in 2018. This rapid growth is partly due to the increase in the purchasing power of travelers, the expansion of the global middle classes and the democratization of travel.
Tourism issues
Leisure tourism accounts for nearly 80% of all international travel, followed by business tourism and convention tourism. The most popular destinations for international tourists are always the same, namely France, Spain, the United States, China and Italy.
However, tourism also has negative impacts on the environment and local culture. Measures are therefore necessary to promote it in a sustainable and responsible way. Health and wellness tourism is also a major concern, accounting for a significant share of the global tourism market.
Perspectives
The industry continues to transform through digital technologies. Today’s travelers plan and book their trips online, and have access to in-depth destination information before they depart. Online booking platforms like Booking.com, Expedia or TripAdvisor have revolutionized the travel industry, offering travelers new opportunities to personalize their trip.
In addition, tourist accommodation is also changing, with the emergence of new forms of accommodation such as vacation rentals and bed and breakfasts, which offer an attractive alternative to traditional hotels. Tourism can also play an important role in promoting diversity and cultural acceptance.
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