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New WTTC Tourism Impact Data and Forecasts

After four years of growth averaging at 3.6%pa, Travel & Tourism Economy GDP growth slowed to just 1.0% in 2008, its weakest performance since the recessionary period.

Two difficult years are now in prospect, with Travel & Tourism Economy GDP likely to contract by 3.3% in 2009 and to expand by only 0.3% in 2010. But, looking beyond the current crisis, Travel & Tourism is expected to resume its leading, dynamic role in global growth.

Read the forecast for the world, regions or individual countries at WTTC

This article is written by Majbritt Thomsen, administrator on ‘Views On Tourism’.

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Posted in Development, Market knowledge.

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