Tourism'S Importance To The Global And Local Economy

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David F


Date added:

December 31, 2011







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12 / 3178


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Yet, the economic, social and cultural benefits tourism brings to the local community, to the nation, and to the world at large are of a magnitude one might find hard to imagine. Just how big is this contribution? Travel and tourism--encompassing transportation, catering, accommodations, recreation and services for travelers--is actually the world's largest industry and generator of jobs...
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It is in fact the first, second or third largest employer in 28 U.S. states and the District of Columbia, creating 7.8 million jobs nationally. The travel and tourism industry that has developed to service the traveler contributes enormously to the U.S. economy. In 1999, direct travel spending in the United States by domestic and international travelers reached nearly $519 billion dollars, 5...
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