The Travel Industry Is Growing
I find great comfort when I read the news in the travel industry about the steady growth of tourism worldwide. It seems to me that the more I travel, the more I see people from around the world taking advantage of this planet's amazing wonders – both natural and man-made. Travel opens new windows of opportunity and certainly gives you a new perspective on life.
The World Travel and Tourism Council’s reports that Economic Impact Research proves the travel and tourism industry is a booming business. The research indicated the industry was responsible for the creation of 7 million new jobs around the world. The report also found that 2017 was a big year for the global travel and tourism sector as a whole, which grew 4.6 percent—or 50 percent faster than the global economy as a whole, which experienced a growth rate of 3 percent in 2017.
“Travel and tourism creates jobs, drives economic growth and helps build better societies,” said Gloria Guevara, WTTC president and CEO. “Our research shows that our sector was responsible for the creation of one in five of all jobs globally."
This is the seventh straight year the travel and tourism sector has outperformed the global economy. In 2017, it was the fastest-growing broad economic sector globally, showing stronger growth than all other sectors, including manufacturing retail and wholesale agriculture, forestry and fisheries and financial services.
I think this is an awesome report and certainly bodes well for all of us in the travel and tourism industry. People from all over the world are getting out more, exploring places they had never dreamed of and discovering that no matter where you go – at home or abroad - people are all alike. We all have the opportunity to encourage travelers to stretch a little – to go a bit further to the edge and explore places – to not be content to just look from the window. There are so many exciting and inspiring experiences that can be had by just getting out there…talking to locals…getting immersed in their history, culture and cuisine…having a really FULL travel experience that brings you home wanting more…wanting to pack those bags and get back out there!
We at Star Destinations have spent 35 years focusing on creating experiences that excite, immerse and fulfill the dreams of our travelers. We love reading the comment cards that share the overwhelming satisfaction of their adventure that went way above and beyond expectations. We are thrilled and humbled that we can be a small part of creating lifetime memories for our valued travelers. You are invited to join us.