Travel and Tourism added 7.2 Million Jobs Worldwide Last Year
Tourism had a strong year in 2015, creating millions of jobs in Canada and worldwide, says a new global report.
Growth in middle-class income in China and elsewhere helped add 7.2 million jobs in the travel and tourism industries worldwide last year, contributing $7.2 trillion to the gross domestic product, according to a new report by the World Travel and Tourism Council (WTTC). The report provides global economic data on tourism and travel, as well as for 184 countries and 24 regions.
Within Canada, spending by foreign visitors grew 8.5% in 2015, according to the WTTC’s new Economic Impact Report. The report credits this growth with several factors, including the rise in outbound travel from China and the strength of the U.S. dollar.
“Travel and tourism once again proved its resilient nature,” said David Scowsill, President and CEO of the WTTC in a media release.
Worldwide, the industry’s outlook for 2016 appears similarly strong, despite global economic and security challenges. The WTTC is forecasting travel and tourism to grow by 3.5% next year, outpacing the global economic growth for the sixth consecutive year.
To read the report in full or learn more, visit the WTTC website.