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Sunday, May 18, 2008

The Transforming Travel Industry

According to the UNWTO, international tourist arrivals grew by 6% last year, to 900m. The total has gone up by almost 100m in two years. Last year the Middle East welcomed 13% more international tourists, or 46m in all. Arrivals in Asia and the Pacific were up by 10%, to 185m—with much of the extra travel coming from elsewhere in the region. Africa saw an increase of 8%, to 44m. This year, the UNWTO predicts, growth of international tourism will be fastest in Asia and the Pacific.
http://www.economist.com/displayStory.cfm?source=hptextfeature&story_id=11374574

Negative effects: political violence + environment.
Positive effects: emerging economies with more spending power will be unwilling to give up flying or driving.

The amazing thing is many in the emerging economies are more interested in growth than environmental issues. A few companies on the other hand with green conscience are trying to be proactive and I hope to see more companies joining hands to save the environment.

Useful links:
www.world-tourism.org
www.wttc.travel
www.travelport.com/CarbonTracker
www.carlson.com
www.thomascook.com
www.marriott.com
www.mckinsey.com
www.amadeus.com

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