There’s money in tourism …

Tourism is an important player in the worldwide economy: In 2009, it accounted for just over 9% of global GDP and employed about one in twelve workers, according to the World Travel and Tourism Council.
As a sector, international tourism has been growing at a slightly faster pace than the world economy. Despite the recession and the downturn in tourism numbers,
that trends looks likely to continue over the long-term. Employment in tourism is also growing relatively strongly: Between 2000 and 2007 in OECD countries, the growth rate for employment in hotels and restaurants was over 2% per year, more than a percentage point ahead of the total employment growth rate. (more…)