Global travel industry seen 'resilient' despite slowing growth

BERLIN - The global travel industry is likely to expand by 4 percent in 2019 despite slowing economic growth in key areas such China and Europe, but a no-deal Brexit could wipe out 700,000 travel-related jobs, a top industry association said on Tuesday.

Based on data from 185 countries, the group forecasts steady growth of 4 percent this year, given continued demand from China, the second largest travel and tourism market behind the United States, and other countries in Asia. Travel and tourism’s contribution to Britain’s gross domestic product grew by just 1 percent in 2018, while overall GDP expanded 1.4 percent. The sector accounted for $311 billion in GDP in 2018, or about 11 percent of overall GDP.

Have visited serval times. The ships must be in.

They're desperately looking for a place to ride out the fascism spasm.

Despite socialists political efforts, capitalism keeps thriving.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Global stock market resurgence to be short-lived, 2019 outlook cut: Reuters pollGlobal stock markets in 2019 will at best only recoup losses from the deep sell-... G S M R ,malik o ,bana bir yafta yok başka derler ..Ra sa X çünkü birşey demeniz lazim Yes Trudeau’s shinning star is crashing harder than the Globalist agenda 21! Gloomy news indeed.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Most global finance chiefs now think Brexit will happen without a deal, CNBC survey saysThe latest data set marks a shift in sentiment from the fourth quarter of 2018. There must be 50 ways ...
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »