Tourism contribution to Spanish GDP 2006-2023 Published by , May 24, 2024 The value of goods and services offered by the tourism sector in Spain increased by more than 60 percent in 2022, recovering entirely from the impact of the coronavirus (COVID-19) pandemic. In 2023, the tourism ...
Oman’s tourism sector is growing steadily, with hopes to reach a 2.75 percent contribution to the GDP in the next two years, up from 2.4 percent in 2022, His Excellency Salem bin Mohammed Al Mahrouqi, Minister of Heritage and Tourism, stated. In 2022, the Omani tourism ...
The annual EIR from the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, shows the sector’s contribution to GDP, dropped by a precipitous 62.3%. Travel & Tourism GDP fell from £238 billion (10.1%) in 2019 before the pandemic stru...
Page 1 of 15, accounting directly for 12% of GDP, and its indirect contribution to GDP is estimated at 40%1. The tourism sector is the largest private sector source of jobs in Barbados currently employing 26,000 persons. 13,000 persons are employed in hotels, of which 8,000 are female...
This is certainly apparent when considering the tourism sector’s contribution to the UK’s GDP being nearly ten percent higher in 2019 than in 2023. This decline was even more protracted when looking at the contribution of travel and tourism to the UK’s job market, with the number of ...
“With high vaccination rates around the region, and a predicted rise in international and domestic spend next year, the outlook for both jobs and GDP is looking much more positive for next year.” According to the research, the sector’s contribution to the region’s GDP and the rise in ...
According to the WTTC, the global tourism sector started recovering in 2021 when its contribution to GDP climbed by 21.7 percent year on year to reach more than 5.8 trillion U.S. dollars.■ The chairman of World Travel & Tourism Council (WTTC) Arnold Donald speaks onstage during the WTTC ...
Last year, the Travel & Tourism sector’s GDP contribution grew by nearly two fifths (38.2%) to reach nearly €38 billion, representing 18.5% of the Greek economy. The sector also created 5,000 more jobs, compared to the previous year, to reach almost 800,000 jobs nationally. ...
"It provides us with critical information of the sector's contribution to the economy in terms of expenditure and employment and is therefore critical to policy formulation. More importantly, this data will help us with an important benchmark to use in measuring the tourism impact during and afte...
Last year, the Travel & Tourism’s GDP contribution grew by 31% to reach a record-breaking QAR 81.2BN, representing 10.3% of Qatar’s total economic output, demonstrating the sector’s importance to the national economy. The sector also proved to be a vital source of employment, creating mo...