1.4 The importance of tourism for the world economyWorld tourism is traditionally exploited by international tourist arrivals and receipts from international tourism. This indicator shows continuous growth trend in the global tourism industry.Traditionally,
international tourism expansion began with the 60s of XX century, when
global tourism phenomenon exploded with a number of international
tourist arrivals of more than 50 million, and after the 60s - 70s
features of mass tourism on plan World growth in international tourism have spectacular dimensions (Figure 1.4.1).
Chart 1.4.1 - Evolution of international tourist arrivalswithin the international tourism (mil. arrivals)
Source: WTO
In the last 40 years of the twentieth century the number of visitors within international tourism has increased almost 14 times, reaching in 2002 a record 715 million arrivals.Average annual increase in international tourist arrivals by 4.3%, noted after 1990 until 2000 reflects the international tourism sustainability and resilience in the face of economic fluctuations (Figure 1.4.2).
Chart 1.4.2 - Evolution of the annual growth rate of arrivalsInternational tourism (in% yoy)
Source: WTO
Unfortunately, the tragic events of 11 September 2001 in the US have had negative effects on international tourist traffic in all regions of the globe. In 2001, international tourist arrivals have reached 692 million, compared with 697 million in 2000 (-0.6%).International tourism is an integral part of international specialization, along with other services and production of goods and international tourist flows is based on international specialization in tourism and evolves from deepening and extending the majors. In recent decades tourism has become one of the largest and most dynamic global industry. According to estimates by the World Tourism and Travel Council (WTTC) 2001 Tourism and recovered 10.7% of world GDP, and in the next ten years, as expected, the share of tourism will increase up to 11%.In the European Union these figures are 12.2% and 12.9% for the same period (figures expressed direct and indirect impact of tourism).Tourism is among the top five positions for 80% of global exports in developing countries, especially in Europe, Middle East and USA. The share of tourism in world exports of goods and services is 12.8%, while the share of tourism in European exports - 13.6% (data for 2001).Tourism is an area generating new jobs. According to WTTC estimates, world tourism in 2001 were employed 8.2% of all employees, which is one in every 12 people employed. Forecasts for 2011 show that the number of employees in tourism will be 9.0% of the total number of employees worldwide. In the European Union the percentage of those employed in tourism in 2001 is higher than the world, constituting 12.3% of the total, ie 1 person in every eight people employed. For 2011 it is supposed to increase this indicator to 14%. The contribution of tourism to the use of labor and the creation of new jobs shows the importance of social-economic development of the sector.Tourism Capital Investment growth also talks about the economic importance of this area worldwide. Thus, in 2001 the share of tourism in the world's total investments amounted to 9% and in the EU - 10%.Of the total world tourist arrivals represent 60% of holiday trips and 30% - business trips.According to WTO forecasts, international tourism development will be continuously growing. The average annual increase in international tourist arrivals will be 4.2% until 2010 and 4.5% in the period 2010-2020.The above data also demonstrates, economic and social importance of tourism worldwide. The bottom line is: we can not ignore this strong and dynamic area of the world economy and we can not remain on the outside world for tourism
Chart 1.4.1 - Evolution of international tourist arrivalswithin the international tourism (mil. arrivals)
Source: WTO
In the last 40 years of the twentieth century the number of visitors within international tourism has increased almost 14 times, reaching in 2002 a record 715 million arrivals.Average annual increase in international tourist arrivals by 4.3%, noted after 1990 until 2000 reflects the international tourism sustainability and resilience in the face of economic fluctuations (Figure 1.4.2).
Chart 1.4.2 - Evolution of the annual growth rate of arrivalsInternational tourism (in% yoy)
Source: WTO
Unfortunately, the tragic events of 11 September 2001 in the US have had negative effects on international tourist traffic in all regions of the globe. In 2001, international tourist arrivals have reached 692 million, compared with 697 million in 2000 (-0.6%).International tourism is an integral part of international specialization, along with other services and production of goods and international tourist flows is based on international specialization in tourism and evolves from deepening and extending the majors. In recent decades tourism has become one of the largest and most dynamic global industry. According to estimates by the World Tourism and Travel Council (WTTC) 2001 Tourism and recovered 10.7% of world GDP, and in the next ten years, as expected, the share of tourism will increase up to 11%.In the European Union these figures are 12.2% and 12.9% for the same period (figures expressed direct and indirect impact of tourism).Tourism is among the top five positions for 80% of global exports in developing countries, especially in Europe, Middle East and USA. The share of tourism in world exports of goods and services is 12.8%, while the share of tourism in European exports - 13.6% (data for 2001).Tourism is an area generating new jobs. According to WTTC estimates, world tourism in 2001 were employed 8.2% of all employees, which is one in every 12 people employed. Forecasts for 2011 show that the number of employees in tourism will be 9.0% of the total number of employees worldwide. In the European Union the percentage of those employed in tourism in 2001 is higher than the world, constituting 12.3% of the total, ie 1 person in every eight people employed. For 2011 it is supposed to increase this indicator to 14%. The contribution of tourism to the use of labor and the creation of new jobs shows the importance of social-economic development of the sector.Tourism Capital Investment growth also talks about the economic importance of this area worldwide. Thus, in 2001 the share of tourism in the world's total investments amounted to 9% and in the EU - 10%.Of the total world tourist arrivals represent 60% of holiday trips and 30% - business trips.According to WTO forecasts, international tourism development will be continuously growing. The average annual increase in international tourist arrivals will be 4.2% until 2010 and 4.5% in the period 2010-2020.The above data also demonstrates, economic and social importance of tourism worldwide. The bottom line is: we can not ignore this strong and dynamic area of the world economy and we can not remain on the outside world for tourism
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