Podcast
Questions and Answers
What percentage of the global GDP does the Travel and Tourism sector account for?
What percentage of the global GDP does the Travel and Tourism sector account for?
10.3%
How many jobs did the Travel and Tourism sector account for in 2019?
How many jobs did the Travel and Tourism sector account for in 2019?
330 million
What was the growth rate of the Travel and Tourism sector in 2019?
What was the growth rate of the Travel and Tourism sector in 2019?
3.5%
In the past five years, what proportion of new jobs created across the world has been in Travel and Tourism?
In the past five years, what proportion of new jobs created across the world has been in Travel and Tourism?
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How does Travel & Tourism support diversity and inclusion?
How does Travel & Tourism support diversity and inclusion?
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Study Notes
Global Economic Impact of Travel and Tourism
- Travel and Tourism contributes approximately 10.4% to global GDP.
- Represents a significant portion of the economy, highlighting its importance in global commerce.
Employment Statistics
- In 2019, the Travel and Tourism sector was responsible for creating over 330 million jobs worldwide.
- This figure underscores the sector's role as a major employer across various regions and demographics.
Sector Growth
- The growth rate of the Travel and Tourism sector in 2019 was around 3.5%.
- This indicates a steady increase in demand and investment in travel-related activities.
Job Creation Trends
- Over the past five years, Travel and Tourism has accounted for 10% of all new jobs created globally.
- This statistic reflects the sector's capacity to drive employment opportunities and economic recovery.
Diversity and Inclusion
- Travel and Tourism promotes diversity and inclusion by fostering cultural exchange and understanding among different communities.
- The sector encourages diverse employment practices, allowing individuals from various backgrounds to engage in its workforce.
- Supports local cultures and economies, preserving heritage while promoting social equity.
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Description
Test your knowledge of the Travel and Tourism sector with this quiz. Explore key statistics, trends, and impacts of the industry while gaining insights into its significant contribution to the global economy and job market.