Download - Wttc2013 econ impact cbean
WTTC Travel & Tourism Economic Impact 2013 1
The Authority on World Travel & Tourism
Travel & Tourism Economic impact 2013 Caribbean
For more information please contact:
Rochelle TurnerResearch Manager
© 2013 World Travel & Tourism Council
ContentsForeword.............................................................................................................................................................................................. i
2013 Annual Research: Key Facts .......................................................................................................1
Defining the Economic Contribution of Travel & Tourism .............................2
Travel & Tourism’s Contribution to GDP .....................................................................................3
Travel & Tourism’s Contribution to Employment ..........................................................4
Visitor Exports and Investment ..................................................................................................................5
Different Components of Travel & Tourism ............................................................................6
Country Rankings: Absolute Contribution, 2012 ........................................................7
Country Rankings: Relative Contribution, 2012 ...........................................................8
Country Rankings: Real Growth, 2013 .........................................................................................9
Country Rankings: Long Term Growth, 2013-2023 ..........................................10
Summary Tables: Estimates & Forecasts ............................................................................11
The Economic Contribution of Travel & Tourism: Real 2012 Prices .............................................................................................................................................................12
The Economic Contribution of Travel & Tourism: Nominal Prices ...................................................................................................................................................................13
The Economic Contribution of Travel & Tourism: Growth ......................14
Glossary .........................................................................................................................................................................................15
Methodological Note ...............................................................................................................................................16
Regions, Sub-regions, Countries ......................................................................................................17
USE OF MATERIAL IS AUTHORISED, PROVIDED SOURCE IS ACKNOWLEDGED
1-2 Queen Victoria Terrace, Sovereign Court, London E1W 3HA, UK
2 Tel: +44 (0) 20 7481 8007. Fax: +44 (0) 20 7488 1008. Email: [email protected]. www.wttc.org
The Economic Impact of Travel & Tourism 2013
The World Travel & Tourism Council (WTTC) has been investing in economic impact research for over 20 years. This research assesses the Travel & Tourism industry’s contribution to GDP and jobs for 184 countries and 24 regions and economic groups in the world. Our ten-year forecasts are unique in the information they provide to assist governments and private companies plan policy and investment decisions for the future.
2012 demonstrated again the resilience of the Travel & Tourism industry in the face of continued economic turmoil, as economic growth slowed and was even negative in key global markets. The latest annual research from WTTC and our research partner Oxford Economics, shows that Travel & Tourism’s contribution to GDP grew for the third consecutive year in 2012, and created more than 4 million new jobs. The strongest growth in 2012 was evident in international demand as appetite for travel beyond national borders, from leisure and business visitors, remains strong.
Travel & Tourism’s importance to the wider economy continued to grow in 2012. Its total contribution comprised 9% of global GDP (US $6.6 trillion) and generated over 260 million jobs – 1 in 11 of the world’s total jobs. The industry outperformed the entire wider economy in 2012, growing faster than other notable industries such as manufacturing, financial services and retail.
With such resilience in demand and an ability to generate high employment, the importance of Travel & Tourism as a tool for economic development and job creation is clear. In total, the industry contributed to over 10% of all new jobs created in 2012. Less restrictive visa regimes and a reduction in punitive taxation levels would help the industry to contribute even more to broader economic development and better fulfil the clear demand for international travel.
While 2013 will present further challenges for the global economy and the Travel & Tourism industry, we remain optimistic that Travel & Tourism will continue to grow, outpace growth of the wider economy and remain a leading generator of jobs.
In the longer-term, demand from and within emerging markets will continue to rise in significance. Destinations need to be willing to invest in infrastructure suitable for new sources of demand to achieve the clear growth potential that exists. For example, we forecast that China will overtake the US by 2023 as the world’s largest Travel & Tourism economy, measured in total GDP terms (2012 prices), and the size of the outbound market.
David ScowsillPresident & CEOWorld Travel & Tourism Council
Foreword
WTTC Travel & Tourism Economic Impact 2013i
= Total contribution of Travel & Tourism
Caribbean
2013 ANNUAL RESEARCH: KEY FACTS 2013 forecast
EMPLOYMENT: DIRECT CONTRIBUTION
EMPLOYMENT: TOTAL CONTRIBUTION
VISITOR EXPORTS
INVESTMENT
WORLD RANKING (OUT OF 12 REGIONS):Relative importance of Travel & Tourism's total contribution to GDP
12ABSOLUTE
Size in 2012
1Contribution to GDP in 2012
RELATIVE SIZE10
GROWTH2013 forecast
Total Contribution of Travel & Tourism to GDP
Breakdown of Travel & Tourism's Total Contribution to GDP and Employment 2012
2012 USDbn GDP (2012 USDbn)
Direct Indirect Induced
0
10
20
30
40
50
60
70
80
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
2012 USDbn2012 USDbn
9
24
16
647970
411 Empl
oym
ent
('000
)
WTTC Travel & Tourism Economic Impact 2013 1
The direct contribution of Travel & Tourism to GDP was USD15.7bn (4.6% of total GDP) in 2012, and is forecast to rise by 3.6% in 2013, and to rise by 3.2% pa, from 2013-2023, to USD22.4bn in 2023 (in constant 2012 prices).
The total contribution of Travel & Tourism to GDP was USD48.4bn (14.0% of GDP) in 2012, and is forecast to rise by 3.5% in 2013, and to rise by 3.3% pa to USD69.2bn in 2023.
In 2012 Travel & Tourism directly supported 647,000 jobs (3.9% of total employment). This is expected to rise by 2.7% in 2013 and rise by 2.0% pa to 813,000 jobs (4.2% of total employment) in 2023.
In 2012, the total contribution of Travel & Tourism to employment, including jobs indirectly
Visitor exports generated USD25.7bn (15.6% of total exports) in 2012. This is forecast to grow by 3.8% in 2013, and grow by 3.3% pa, from 2013-2023, to USD37.0bn in 2023 (14.1% of total).
Travel & Tourism investment in 2012 was USD5.4bn, or 11.0% of total investment. It should rise by 3.7% in 2013, and rise by 3.7% pa over the next ten years to USD8.1bn in 2023 (11.8% of total).
2023
GDP: DIRECT CONTRIBUTION
GDP: TOTAL CONTRIBUTION
supported by the industry, was 12.3% of total employment (2,028,000 jobs). This is expected to rise by 2.5% in 2013 to 2,079,000 jobs and rise by 1.9% pa to 2,515,000 jobs in 2023 (12.9% of total).
10LONG-TERM GROWTH
Forecast 2013-2023
●
●
●
WTTC Travel & Tourism Economic Impact 20132
Defining the economiccontribution of Travel & Tourism
Travel & Tourism is an important economic activity in most countries around the world. As well as its direct economic impact, the industry has significant indirect and induced impacts. The UN Statistics Division-approved Tourism SatelliteAccounting methodology (TSA:RMF 2008) quantifies only the direct contribution of Travel & Tourism. But WTTC recognises that Travel & Tourism's total contribution is much greater, and aims to capture its indirect and induced impacts through its annual research.
DIRECT CONTRIBUTIONThe direct contribution of Travel & Tourism to GDP reflects the ‘internal’ spending on Travel & Tourism (total spending within a particular country on Travel & Tourism by residents and non-residents for business and leisure purposes) as well as government 'individual' spending - spending by government on Travel & Tourism services directly linked to visitors, such as cultural (eg museums) or recreational (eg national parks).
The direct contribution of Travel & Tourism to GDP is calculated to be consistent with the output, as expressed in National Accounting, of tourism-characteristic sectors such as hotels, airlines, airports, travel agents and leisure and recreation services that deal directly with tourists.The direct contribution of Travel & Tourism to GDP is calculated from total internal spending by ‘netting out’ the purchases made by the different tourism sectors. This measure is consistent with the definition of Tourism GDP, specified in the 2008 Tourism Satellite Account: Recommended Methodological Framework (TSA: RMF 2008).
TOTAL CONTRIBUTION The total contribution of Travel & Tourism includes its ‘wider impacts’ (ie the indirect and induced impacts) on the economy. The ‘indirect’ contribution includes the GDP and jobs supported by:
Travel & Tourism investment spending – an important aspect of both current and future activity that includes investment activity such as the purchase of new aircraft and construction of new hotels;
Government 'collective' spending, which helps Travel & Tourism activity in many different ways as it is made on behalf of the ‘community at large’ – eg tourism marketing and promotion, aviation, administration, security services, resort area security services, resort area sanitation services, etc;
Domestic purchases of goods and services by the sectors dealing directly with tourists - including, for example, purchases of food and cleaning services by hotels, of fuel and catering services by airlines, and IT services by travel agents.
The ‘induced’ contribution measures the GDP and jobs supported by the spending of those who are directly or indirectly employed by the Travel & Tourism industry.
PLEASE NOTE THAT DUE TO CHANGES IN METHODOLOGY BETWEEN 2010 AND 2011, IT IS NOT POSSIBLE TO COMPARE FIGURES PUBLISHED BY WTTC FROM 2011 ONWARDS WITH THE SERIES PUBLISHED IN PREVIOUS YEARS.
CARIBBEAN: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO GDP
CARIBBEAN: TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO GDP
1 All values are in constant 2012 prices & exchange rates
3
Travel & Tourism's contribution to GDP1
The direct contribution of Travel & Tourism to GDP in 2012 was USD15.7bn (4.6% of GDP). This is forecast to rise by 3.6% to USD16.3bn in 2013.This primarily reflects the economic activity generated by industries such as hotels, travel agents, airlines and other passenger transportation services (excluding commuter services). But it also includes, for example, the activities of the restaurant and leisure industries directly supported by tourists.
The direct contribution of Travel & Tourism to GDP is expected to grow by 3.2% pa to USD22.4bn (4.5% of GDP) by 2023.
0
5
10
15
20
25
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
2023
Constant 2012 USDbn % of whole economy GDP
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
4.9
5.0
5.1
5.2
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
2023
induced income impacts, see page 2) was USD48.4bn in 2012 (14.0% of GDP) and is expected to grow by 3.5% to USD50.0bn (14.1% of GDP) in 2013.
It is forecast to rise by 3.3% pa to USD69.2bn by 2023 (13.9% of GDP).
Constant 2012 USDbn
Direct Indirect Induced
0
10
20
30
40
50
60
70
80
2012 2013 2023202320230.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
2012 2013 20232023
% of whole economy GDP
Direct Indirect Induced
WTTC Travel & Tourism Economic Impact 2013
The total contribution of Travel & Tourism to GDP (including wider effects from investment, the supply chain and
CARIBBEAN: DIRECT CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT
CARIBBEAN: TOTAL CONTRIBUTION OF TRAVEL & TOURISM TO EMPLOYMENT
4
Travel & Tourism generated 647,000 jobs directly in 2012 (3.9% of total employment) and this is forecast to grow by 2.7% in 2013 to 665,000 (4.0% of total employment).This includes employment by hotels, travel agents, airlines and other passenger transportation services (excluding commuter services). It also includes, for example, the activities of the restaurant and leisure industries directly supported by tourists.
By 2023, Travel & Tourism will account for 813,000 jobs directly, an increase of 2.0% pa over the next ten years.
0.0
100.0
200.0
300.0
400.0
500.0
600.0
700.0
800.0
900.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
'000 jobs % of whole economy employment
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
The total contribution of Travel & Tourism to employment (including wider effects from investment, the supply
By 2023, Travel & Tourism is forecast to support 2,515,000 jobs (12.9% of total employment), an increase of 1.9% pa over the period.
'000 jobs
Direct Indirect Induced
0.0
500.0
1,000.0
1,500.0
2,000.0
2,500.0
3,000.0
2012 2013 2023202320230.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2012 2013 20232023
% of whole economy employment
Direct Indirect Induced
WTTC Travel & Tourism Economic Impact 2013
Travel & Tourism'scontribution to employment
chain and induced income impacts, see page 2) was 2,028,000 jobs in 2012 (12.3% of total employment). This is forecast to rise by 2.5% in 2013 to 2,079,000 jobs (12.4% of total employment).
2023
2023
VISITOR EXPORTS
CARIBBEAN: VISITOR EXPORTS AND INTERNATIONAL TOURIST ARRIVALS
INVESTMENT
CARIBBEAN: CAPITAL INVESTMENT IN TRAVEL & TOURISM
1 All values are in constant 2012 prices & exchange rates
5
Visitor Exports and Investment1
Visitor exports are a key component of the direct contribution of Travel & Tourism. In 2012, Caribbean generated USD25.7bn in visitor exports. In 2013, this is expected to grow by 3.8%, and the region is expected to attract 22,069,000 international tourist arrivals.
By 2023, international tourist arrivals are forecast to total 30,569,000, generating expenditure of USD37.0bn, an increase of 3.3% pa.
Constant 2012 USDbn Foreign visitor exports as % of total exports
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
2023
Travel & Tourism is expected to have attracted capital investment of USD5.4bn in 2012. This is expected to rise by 3.7% in 2013, and rise by 3.7% pa over the next ten years to USD8.1bn in 2023.
Travel & Tourism’s share of total national investment will rise from 11.0% in 2013 to 11.8% in 2023.
Constant 2012 USDbn
0
1
2
3
4
5
6
7
8
9
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
2023
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
2023
% of whole economy GDP
WTTC Travel & Tourism Economic Impact 2013
mn
Foreign tourist arrivals (RHS)
0
5
10
15
20
25
30
35
40
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2023
0
5
10
15
20
25
30
35
Foreign visitor exports (LHS)
2023
Leisure spending
Business spending
Foreign visitor spending
Domestic spending
Direct
Induced
Indirect
32.9%
6.5%
9.6% 1 All values are in constant 2012 prices & exchange rates
49.1%
(c) Government collective
Indirect is the sum of: (a) Supply chain
(b) Investment
32.5%
18.4%
69.9%
30.1%
91.4%
8.5%
6 WTTC Travel & Tourism Economic Impact 2013
Different components ofTravel & Tourism1
CaribbeanTravel & Tourism's Contribution to GDP:Business vs Leisure, 2012 Leisure travel spending (inbound and domestic)
generated 91.4% of direct Travel & Tourism GDP in 2012 (USD33.7bn) compared with 8.5% for business travel spending (USD3.1bn).
Business travel spending is expected to grow by 5.0% in 2013 to USD3.3bn, and rise by 3.7% pa to USD4.7bn in 2023.
Leisure travel spending is expected to grow by 3.6% in 2013 to USD34.9bn, and rise by 3.3% pa to USD48.2bn in 2023.
Caribbean
Domestic vs Foreign, 2012
Travel & Tourism's Contribution to GDP:
Domestic travel spending generated 30.1% of direct Travel & Tourism GDP in 2012 compared with 69.9% for visitor exports (ie foreign visitor spending or international tourism receipts).
Domestic travel spending is expected to grow by 3.6% in 2013 to USD11.5bn, and rise by 3.3% pa to USD15.9bn in 2023.
Visitor exports are expected to grow by 3.8% in 2013 to USD26.7bn, and rise by 3.3% pa to USD37.0bn in 2023.
c b
a
CaribbeanBreakdown of Travel & Tourism's Total Contribution to GDP, 2012
The Travel & Tourism industry contributes to GDP and employment in many ways as detailed on page 2.
The total contribution of Travel & Tourism to GDP is three times greater than its direct contribution.
2012 2012(US$bn) (US$bn)
1 North America 525.9 1 North America 1575.22 European Union 504.6 2 European Union 1390.83 North East Asia 416.0 3 North East Asia 1334.14 Latin America 139.0 4 Latin America 377.85 Other Europe 108.3 5 Other Europe 345.36 South East Asia 102.6 6 South East Asia 255.97 Middle East 76.6 7 Middle East 194.98 South Asia 48.5 8 Oceania 187.69 Oceania 47.0 9 South Asia 147.8
10 North Africa 36.8 10 Sub Saharan Africa 94.311 Sub Saharan Africa 35.8 11 North Africa 78.8
2012 2012'000 jobs '000 jobs
1 South Asia 28645.8 1 North East Asia 71279.12 North East Asia 25523.9 2 South Asia 47693.83 South East Asia 9713.9 3 South East Asia 25494.64 North America 9074.4 4 North America 21895.45 European Union 8006.6 5 European Union 20020.76 Latin America 5848.6 6 Latin America 16124.07 Sub Saharan Africa 5457.8 7 Sub Saharan Africa 13129.08 Other Europe 2961.5 8 Other Europe 10783.59 North Africa 2791.9 9 North Africa 6122.6
10 Middle East 1670.3 10 Middle East 4410.8
11 Oceania 775.6 11 Oceania 2205.7
2012 2012(US$bn) (US$bn)
1 North America 184.1 1 European Union 412.02 North East Asia 160.2 2 North America 205.33 European Union 143.7 3 North East Asia 175.94 Latin America 49.8 4 Other Europe 101.85 South East Asia 47.7 5 South East Asia 95.56 Other Europe 42.2 6 Middle East 78.17 Middle East 41.1 7 Latin America 38.48 South Asia 36.5 8 Oceania 35.69 Oceania 28.6 9 Sub Saharan Africa 29.6
10 Sub Saharan Africa 14.5 10 Caribbean 25.711 North Africa 11.0 11 North Africa 22.6
Capital InvestmentVisitorExports
The competing destinations selected are those that offer a similar tourism product and compete for tourists from the same set of origin markets. These tend to be, but are not exclusively, geographical neighbours.
The tables on pages 7-10 provide provide brief extracts from the full WTTC Country League Table Rankings, highlighting comparisons with competing destinations as well as with the world average.
Travel & Tourism's Direct Contribution to GDP Contribution to GDP
Travel & Tourism's Total
Travel & Tourism's Direct Contribution to Employment
Travel & Tourism's Total Contribution to Employment
Travel & Tourism
Country rankings: Absolute contribution, 2012
7WTTC Travel & Tourism Economic Impact 2013
2012 2012% share % share
1 North Africa 5.9 1 Caribbean 14.02 Caribbean 4.6 2 North Africa 12.53 South East Asia 4.4 3 South East Asia 11.14 Latin America 3.2 4 Oceania 10.75 European Union 3.0 5 Latin America 8.86 Middle East 3.0 6 North America 8.47 North America 2.8 7 European Union 8.48 Sub Saharan Africa 2.8 8 North East Asia 8.39 Oceania 2.7 9 Middle East 7.7
10 North East Asia 2.6 10 Other Europe 7.511 Other Europe 2.4 11 Sub Saharan Africa 7.3
2012 2012% share % share
1 North Africa 5.7 1 Oceania 12.62 Oceania 4.4 2 North Africa 12.53 North America 4.4 3 Caribbean 12.34 South Asia 4.3 4 North America 10.55 Caribbean 3.9 5 European Union 9.16 European Union 3.6 6 South East Asia 8.87 South East Asia 3.4 7 North East Asia 8.28 North East Asia 2.9 8 Latin America 7.99 Latin America 2.9 9 South Asia 7.2
10 Middle East 2.6 10 Middle East 6.811 Sub Saharan Africa 2.5 11 Other Europe 6.5
2012 2012% share % share
1 Caribbean 11.0 1 Caribbean 15.52 South East Asia 7.3 2 Oceania 9.53 Middle East 7.2 3 North Africa 9.14 North Africa 7.0 4 North America 6.65 Sub Saharan Africa 6.2 5 Sub Saharan Africa 6.36 South Asia 6.0 6 South East Asia 6.27 Oceania 6.0 7 Other Europe 6.08 North America 5.9 8 European Union 5.69 Latin America 5.7 9 Middle East 5.4
10 European Union 4.8 10 Latin America 4.711 Other Europe 4.3 11 South Asia 4.4
Travel & Tourism's Direct Contribution to GDP Contribution to GDP
Travel & Tourism's Total
Travel & Tourism's Direct Contribution to Employment
Travel & Tourism's Total Contribution to Employment
Travel & Tourism InvestmentContribution to Total Capital Investment
Visitor ExportsContribution to Total Exports
WTTC Travel & Tourism Economic Impact 2013
Country rankings: Relative contribution,2012
8
2013 2013% growth % growth
1 South East Asia 6.9 1 South Asia 7.02 South Asia 6.5 2 South East Asia 6.83 North East Asia 5.0 3 North East Asia 5.34 Latin America 4.7 4 Latin America 5.05 Middle East 4.2 5 Sub Saharan Africa 4.16 Sub Saharan Africa 4.2 6 Middle East 4.07 Other Europe 3.8 7 Other Europe 3.98 Caribbean 3.6 8 Caribbean 3.59 North Africa 2.9 9 North Africa 2.6
10 North America 2.5 10 North America 2.411 Oceania 1.8 11 Oceania 2.1
2013 2013% growth % growth
1 South East Asia 5.9 1 South East Asia 5.52 Oceania 3.6 2 Oceania 3.33 Other Europe 3.2 3 Latin America 3.24 Latin America 3.1 4 Other Europe 2.75 Caribbean 2.7 5 Caribbean 2.56 Middle East 2.5 6 Sub Saharan Africa 2.57 Sub Saharan Africa 2.2 7 Middle East 2.28 North Africa 2.0 8 North Africa 1.59 North America 1.2 9 North America 1.4
10 European Union 0.4 10 North East Asia 0.711 North East Asia 0.0 11 South Asia 0.5
2013 2013% growth % growth
4 Middle East 8.5 1 South Asia 7.82 Latin America 7.3 2 South East Asia 7.03 South East Asia 6.9 3 Latin America 5.11 South Asia 5.7 4 North Africa 4.97 North East Asia 4.9 5 Oceania 4.88 North America 4.3 6 North East Asia 4.66 Other Europe 4.2 7 Caribbean 3.8
11 Oceania 3.9 8 Other Europe 3.45 Sub Saharan Africa 3.8 9 North America 3.39 Caribbean 3.6 10 Middle East 3.1
10 North Africa 1.8 11 Sub Saharan Africa 2.4
Travel & Tourism's Direct Contribution to GDP Contribution to GDP
Travel & Tourism's Total
Travel & Tourism's Direct Contribution to Employment
Travel & Tourism's Total Contribution to Employment
Travel & TourismInvestment
VisitorExports
Country rankings: Real growth, 2013
9WTTC Travel & Tourism Economic Impact 2013
2013 - 2023 2013 - 2023% growth pa % growth pa
1 South Asia 7.3 1 South Asia 7.62 North East Asia 6.2 2 North East Asia 6.43 South East Asia 5.9 3 South East Asia 5.84 Sub Saharan Africa 5.1 4 Sub Saharan Africa 5.15 North Africa 4.9 5 North Africa 5.06 Middle East 4.8 6 Middle East 4.87 Latin America 4.8 7 Latin America 4.78 Other Europe 4.0 8 Other Europe 3.99 North America 3.6 9 North America 3.4
10 Caribbean 3.2 10 Caribbean 3.311 Oceania 2.7 11 Oceania 2.6
2013 - 2023 2013 - 2023% growth pa % growth pa
1 Middle East 3.4 1 Middle East 3.52 South East Asia 3.0 2 North East Asia 3.13 Latin America 2.7 3 South East Asia 2.64 North Africa 2.5 4 Latin America 2.55 Oceania 2.3 5 North Africa 2.46 Sub Saharan Africa 2.2 6 Sub Saharan Africa 2.37 South Asia 2.2 7 South Asia 2.28 Caribbean 2.0 8 North America 2.09 North America 1.9 9 Caribbean 1.9
10 North East Asia 1.5 10 European Union 1.111 European Union 1.4 11 Other Europe 0.7
2013 - 2023 2013 - 2023% growth pa % growth pa
1 North East Asia 7.3 1 Latin America 7.82 South East Asia 7.1 2 South East Asia 6.53 South Asia 6.5 3 South Asia 5.64 Latin America 6.1 4 North Africa 5.45 North Africa 5.5 5 North East Asia 5.16 Other Europe 5.1 6 Middle East 4.57 Middle East 4.8 7 Sub Saharan Africa 4.58 North America 4.4 8 Other Europe 4.29 Sub Saharan Africa 4.3 9 North America 3.4
10 Caribbean 3.7 10 Caribbean 3.311 European Union 3.3 11 Oceania 3.2
Contribution to Capital InvestmentVisitor ExportsContribution to Exports
Travel & Tourism's Direct Contribution to GDP Contribution to GDP
Travel & Tourism's Total
Travel & Tourism's Direct Contribution to Employment
Travel & Tourism's Total Contribution to Employment
Travel & Tourism Investment
WTTC Travel & Tourism Economic Impact 2013
Country rankings: Long term growth, 2013 - 2023
10
2013
Caribbean USDbn % of total Growth2 USDbn % of total Growth3
Direct contribution to GDP 15.7 4.6 3.6 22.4 4.5 3.2
Total contribution to GDP 48.4 14.0 3.5 69.2 13.9 3.3
Direct contribution to employment4 647 3.9 2.7 813 4.2 2.0
Total contribution to employment4 2,028 12.3 2.5 2,515 12.9 1.9
Visitor exports 25.7 15.6 3.8 37.0 14.1 3.3
Domestic spending 11.1 3.2 3.6 15.9 2.4 3.3
Leisure spending 33.7 4.1 3.6 48.2 4.0 3.3
Business spending 3.1 0.4 5.0 4.7 0.4 3.7
Capital investment 5.4 11.0 3.6 8.1 11.8 3.712012 constant prices & exchange rates; 22013 real growth adjusted for inflation (%); 32013-2023 annualised real growth adjusted for inflation (%); 4'000 jobs
2013
Americas US$bn % of total Growth2 US$bn % of total Growth3
Direct contribution to GDP 680.4 2.9 2.9 1,021.9 3.1 3.9
Total contribution to GDP 2,001.4 8.6 2.9 2,946.0 9.1 3.6
Direct contribution to employment4 15,570 3.6 2.0 19,748 4.0 2.2
Total contribution to employment4 40,048 9.3 2.2 51,027 10.3 2.2
Visitor exports 269.4 6.6 3.6 418.2 5.8 4.1
Domestic spending 1,056.5 4.5 2.6 1,571.2 3.8 3.8
Leisure spending 1,010.2 2.2 2.7 1,533.7 2.4 4.0
Business spending 315.6 0.7 3.3 455.7 0.7 3.4
Capital investment 239.3 5.9 5.0 401.5 6.2 4.812012 constant prices & exchange rates; 22013 real growth adjusted for inflation (%); 32013-2023 annualised real growth adjusted for inflation (%); 4'000 jobs
2013
Worldwide US$bn % of total Growth2 US$bn % of total Growth3
Direct contribution to GDP 2,056.6 2.9 3.1 3,249.2 3.1 4.4
Total contribution to GDP 6,630.4 9.3 3.2 10,507.1 10.0 4.4
Direct contribution to employment4 101,118 3.4 1.2 125,288 3.7 2.0
Total contribution to employment4 261,394 8.7 1.7 337,819 9.9 2.4
Visitor exports 1,243.0 5.4 3.1 1,934.8 4.8 4.2
Domestic spending 2,996.3 4.2 3.2 4,831.2 3.5 4.6
Leisure spending 3,222.1 2.2 3.2 5,196.0 2.3 4.6
Business spending 1,017.4 0.7 3.1 1,572.8 0.7 4.1
Capital investment 764.7 4.7 4.2 1,341.4 4.9 5.312012 constant prices & exchange rates; 22013 real growth adjusted for inflation (%); 32013-2023 annualised real growth adjusted for inflation (%); 4'000 jobs
2012
2012
2012 2012 2023
2012 2023
2012 2023
WTTC Travel & Tourism Economic Impact 2013 11
Summary tables:Estimates & Forecasts
1
1
1
1
1
1
% of total refers to each indicator's share of the relevant whole economy indicator such as GDP and employment. Visitor exports is shown relative to total exports of goods and services.Domestic spending is expressed relative to whole economy GDP. For leisure and business spending, their direct contribution to Travel & Tourism GDP is calculated as a share of whole economy GDP (the sum of these shares equals the direct contribution). Investment is relative to whole economy investment
2007 2008 2009 2010 2011 2012 2013E 2023F
Domestic expenditure
(includes government individual spending)
3. Internal tourism consumption(= 1 + 2 )
4. Purchases by tourism providers,
including imported goods (supply chain)
5. Direct contribution of Travel & Tourism to GDP(= 3 + 4)
Other final impacts
(indirect & induced)
6. Domestic supply chain
11. Total contribution of Travel & Tourism to GDP(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)
12.
Other indicators
14. Expenditure on outbound travel
16.3 15.5 15.7 16.3
-30.5
15.0 15.1 15.2
-20.4 -21.1 -21.9
24.6 25.7 26.7
-22.1 -22.2 -20.0-20.1
27.1 26.2 24.2
Caribbean
(USDbn, real 2012 prices)
1. Visitor exports 24.2 37.0
2. 11.3 11.4 10.8 10.8 10.9 11.1 11.5 15.9
38.4 37.7 35.1 35.0 35.6 36.8 38.2 52.9
2,078.9
22.4
2,515.1
69.2
664.6 812.9
50.0
17.6 24.2
-5.2
690.2 684.9 668.4 624.0
Induced
48.8 47.7 46.9
8.7 8.4 8.7
9.
46.5 46.9
7. Capital investment
8. Government collective spending
17.7 16.9
12.1 12.0 12.7 13.2 17.9
Direct contribution of Travel & Tourism to employment
Imported goods from indirect spending
10.
-4.3 -4.2 -3.3 -3.3 -3.5 -3.7
16.2 16.3 16.4 17.0
5.7 6.2 5.4 5.0 5.3 5.4 5.6 8.1
4.6 4.9 4.9 4.9
1,962.9 1,983.8 2,028.2
7.14.9 5.0 5.2
-3.8
9.28.6 8.6 8.9
630.4 647.4
48.4
12.6
13.
13.6 13.1 12.2
Total contribution of Travel & Tourism to employment 2,107.9 2,124.6 2,141.0
WTTC Travel & Tourism Economic Impact 201312
The economic contribution ofTravel & Tourism: Real 2012 prices
2007 2008 2009 2010 2011 2012 2013E 2023F
Domestic expenditure
(includes government individual spending)
3. Internal tourism consumption(= 1 + 2 )
4. Purchases by tourism providers,
including imported goods (supply chain)
5. Direct contribution of Travel & Tourism to GDP(= 3 + 4)
Other final impacts
(indirect & induced)
6. Domestic supply chain
11. Total contribution of Travel & Tourism to GDP(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)
12.
Other indicators
14. Expenditure on outbound travel
Historical data for concepts has been benchmarked to match reported TSA data where available.
14.3 14.3 15.7 16.7
-19.2
13.7 14.2 14.9
-20.0 -21.1 -22.4
24.1 25.7 27.4
-19.2 -20.2 -18.8-18.3
23.7 24.0 22.1
Caribbean
(USDbn, nominal prices)
1. Visitor exports 22.8 48.7
2. 9.8 10.5 9.9 10.2 10.7 11.1 11.8
-7.2
21.3
33.5 34.5 32.0 33.0 34.9 36.8 39.2 70.0
2,078.9
29.4
2,515.1
90.6
664.6 812.9
51.4
18.0 32.0
-3.9
690.2 684.9 668.4 624.0
9.4Induced
42.9 44.0 43.0
7.7 7.8 8.0
9.
43.8 46.0
7. Capital investment
8. Government collective spending
15.4 15.4
11.6 12.1 12.7 13.5 23.0
Direct contribution of Travel & Tourism to employment
Imported goods from indirect spending
10.
-3.5 -3.8 -3.0 -3.1 -3.5 -3.7
14.8 15.3 16.1 17.0
4.8 5.6 4.9 4.7 5.2 5.4 5.8 10.8
9.14.1 4.6 4.5 4.6 4.8 5.0 5.3
2,141.0
8.1 8.5 8.9
630.4 647.4
48.4
1,962.9 1,983.8 2,028.2
*Concepts shown in this table align with the standard table totals as described in the 2008 Tourism Satellite Account: Recommended Methodological Framework (TSA: RMF 2008) developed by the United Nations Statistical Division (UNSD), the Statistical Officeof the European Communities (EUROSTAT), the Organisation for Economic Co-operation and Development (OECD) and the World Tourism Organization (UNWTO).
16.5
13.
12.3 12.7 11.6
Total contribution of Travel & Tourism to employment 2,107.9 2,124.6
WTTC Travel & Tourism Economic Impact 2013 13
The economic contribution ofTravel & Tourism: Nominal prices
2007 2008 2009 2010 2011 2012 2013E 2023F 2
Domestic expenditure
(includes government individual spending)
3. Internal tourism consumption(= 1 + 2 )
4. Purchases by tourism providers,
including imported goods (supply chain)
5. Direct contribution of Travel & Tourism to GDP(= 3 + 4)
Other final impacts
(indirect & induced)
6. Domestic supply chain
11. Total contribution of Travel & Tourism to GDP(= 5 + 6 + 7 + 8 + 9 + 10)
Employment impacts ('000)
12.
Other indicators
14. Expenditure on outbound travel3.1
3.2
3.3
2.0
1.9
3.3
3.7
3.1
3.1
3.3
3.3
3.3
3.4
12007-2012 real annual growth adjusted for inflation (%); 22013-2023 annualised real growth adjusted for inflation (%)
13.
-0.3 -3.7 -7.1
Total contribution of Travel & Tourism to employment 1.3 0.8 0.8
-2.0
-1.3 0.2 3.0
-21.2 0.3 7.0 3.5
8.9 6.1 -0.5 -0.2 3.6
5.7 2.4 3.6
0.1 3.1
17.9 7.6 -12.7 -7.0
-4.0 0.3 0.8 3.3
Direct contribution of Travel & Tourism to employment
Imported goods from indirect spending
10.
16.5
-0.7
-0.8 -0.7 6.1 3.9
9.
-0.7 0.7
7. Capital investment
8. Government collective spending
1.6 -4.5
3.2Induced
3.7 -2.1 -1.8
3.8 -3.2 3.6
3.53.2
-0.8 -2.4 -6.6
2.5
2.7
-8.3 1.1 2.2
1.0 2.7
3.5
4.2
1.5 -1.8 -6.8 -0.1 1.5 3.4 3.7
0.0
1.7
2. 5.4 1.3 -5.3
-0.2 -3.3 -7.7 0.0
3.6
Caribbean
Growth1 (%)
1. Visitor exports 4.4 3.8
-0.2 1.2 1.1
2.10.1 -0.7-9.3 3.3 3.8
3.23.3 -4.6 3.5 3.6-3.7 0.7 0.8
WTTC Travel & Tourism Economic Impact 201314
The economic contribution ofTravel & Tourism: Growth
WTTC Travel & Tourism Economic Impact 2013 15
Glossary
KEy DEfInITIOnSTravel & Tourism – relates to the activity of travellers on
trips outside their usual environment with a duration of less
than one year. Economic activity related to all aspects of
such trips is measured within the research.
Direct contribution to GDP – GDP generated by
industries that deal directly with tourists, including hotels,
travel agents, airlines and other passenger transport
services, as well as the activities of restaurant and leisure
industries that deal directly with tourists. It is equivalent to
total internal Travel & Tourism spending (see below) within
a country less the purchases made by those industries
(including imports). In terms of the UN’s Tourism Satellite
Account methodology it is consistent with total GDP
calculated in table 6 of the TSA: RMF 2008.
Direct contribution to employment – the number of
direct jobs within the Travel & Tourism industry. This is
consistent with total employment calculated in table 7 of the
TSA: RMF 2008.
Total contribution to GDP – GDP generated directly by
the Travel & Tourism industry plus its indirect and induced
impacts (see below).
Total contribution to employment – the number of jobs
generated directly in the Travel & Tourism industry plus the
indirect and induced contributions (see below).
DIRECT SPEnDInG ImPaCTSVisitor exports – spending within the country by
international tourists for both business and leisure trips,
including spending on transport, but excluding international
spending on education. This is consistent with total inbound
tourism expenditure in table 1 of the TSA: RMF 2008.
Domestic Travel & Tourism spending – spending within
a country by that country’s residents for both business and
leisure trips. Multi-use consumer durables are not included
since they are not purchased solely for tourism purposes.
This is consistent with total domestic tourism expenditure
in table 2 of the TSA: RMF 2008. Outbound spending by
residents abroad is not included here, but is separately
identified according to the TSA: RMF 2008 (see below).
Government individual spending – spending by
government on Travel & Tourism services directly linked
to visitors, such as cultural (eg museums) or recreational
(eg national parks).
Internal tourism consumption – total revenue generated
within a country by industries that deal directly with tourists
including visitor exports, domestic spending and government
individual spending. This does not include spending abroad
by residents. This is consistent with total internal tourism
expenditure in table 4 of the TSA: RMF 2008.
Business Travel & Tourism spending – spending
on business travel within a country by residents and
international visitors.
Leisure Travel & Tourism spending – spending on leisure
travel within a country by residents and international visitors.
InDIRECT anD InDuCED ImPaCTS Indirect contribution – the contribution to GDP and jobs of
the following three factors:
• Capitalinvestment – includes capital investment
spending by all sectors directly involved in the Travel
& Tourism industry. This also constitutes investment
spending by other industries on specific tourism assets
such as new visitor accommodation and passenger
transport equipment, as well as restaurants and leisure
facilities for specific tourism use. This is consistent with
total tourism gross fixed capital formation in table 8 of the
TSA: RMF 2008.
• Governmentcollectivespending – general government
spending in support of general tourism activity. This can
include national as well as regional and local government
spending. For example, it includes tourism promotion,
visitor information services, administrative services and
other public services. This is consistent with total collective
tourism consumption in table 9 of TSA: RMF 2008.
• Supply-chaineffects– purchases of domestic goods
and services directly by different sectors of the Travel &
Tourism industry as inputs to their final tourism output.
Induced contribution – the broader contribution to GDP
and employment of spending by those who are directly or
indirectly employed by Travel & Tourism.
OThER InDICaTORSOutbound expenditure – spending outside the country
by residents on all trips abroad. This is fully aligned with total
outbound tourism expenditure in table 3 of the TSA: RMF 2008.
foreign visitor arrivals – the number of arrivals of foreign
visitors, including same-day and overnight visitors (tourists) to
the country.
WTTC Travel & Tourism Economic Impact 201316
WTTC has an on-going commitment to align its economic impact research with the UN Statistics Division-approved 2008 Tourism Satellite Account: Recommended Methodological Framework (TSA:RMF 2008) and has made small revisions to the research both this year and in 2012, following a full refinement in 2011. This has involved further benchmarking of country reports to official, published TSAs, including for countries which are reporting data for the first time, as well as existing countries reporting an additional year’s data. New country TSAs incorporated this year were Jordan, Italy and Sweden. As part of the alignment process in 2012, international travel expenditure inflows and outflows related to education were excluded from the data. Three new countries have been added in 2013 (Georgia, Iraq and Uzbekistan), bringing the total countries covered to 184 country reports. Additionally, we also produce a world report and reports on 17 world regions and sub-regions. This year there are 7 reports for special economic and geographic groups, including, for the first time, the Organization of American States (OAS) and the Commonwealth.
Economic and Geographic GroupsaPEC (aSIa-PaCIfIC ECOnOmIC COOPERaTIOn)Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russian Federation, Singapore, Taiwan, Thailand, USA, Vietnam.
G20Argentina, Australia, Brazil, Canada, China, European Union, France*, Germany*, India, Indonesia, Italy*, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, Turkey, UK*, USA.
mEDITERRanEanAlbania, Algeria, Bosnia Herzegovina, Croatia, Cyprus, Egypt, France, Greece , Israel, Italy, Lebanon, Libya, Malta, Montenegro, Morocco, Serbia, Slovenia, Spain, Syria, Tunisia, Turkey, Jordan, Macedonia, Portugal.
OaS (ORGanIzaTIOn Of amERICan STaTES)Argentina, Antigua and Barbuda, Bahamas, Barbados, Belize, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Dominica, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, St Kitts and Nevis, Nicaragua, Panama, Paraguay, Peru, St Lucia, St Vincent and the Grenadines, Suriname, Trinidad and Tobago, USA, Uruguay.
OECD (ORGanISaTIOn fOR ECOnOmIC CO-OPERaTIOn anD DEVELOPmEnT)Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, South Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, UK, USA.
OThER OCEanIaAmerican Samoa, Cook Islands, French Polynesia, Guam, Marshall Islands, Micronesia (Federated States of), New Caledonia, Niue, Northern Mariana Islands, Palau, Somoa, Tuvalu.
SaDC (SOuThERn afRICan DEVELOPmEnT COmmunITy)Angola, Botswana, Democratic Republic of Congo (DRC), Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Swaziland, Tanzania, Zambia, Zimbabwe.
ThE COmmOnWEaLTh Anguilla, Antigua and Barbuda, Australia, Bahamas, Bangladesh, Barbados, Belize, Bermuda, Botswana, Brunei, Cameroon, Canada, Cayman Islands, Cyprus, Dominica, Gambia, Ghana, Grenada, Guyana, India, Jamaica, Kenya, Kiribati, Lesotho, Malawi, Malaysia, Maldives, Malta, Mauritius, Mozambique, Namibia, Nigeria, New Zealand, Pakistan, Papua New Guinea, Rwanda, South Africa, Seychelles, Sierra Leone, Singapore, Solomon Islands, Sri Lanka, St Kitts and Nevis, St Lucia, St Vincent and the Grenadines, Swaziland, Tanzania, Tonga, Trinidad and Tobago, Uganda, UK, British Virgin Islands, Vanuatu, Zambia.
*included in European Union
Methodological note
WTTC Travel & Tourism Economic Impact 2013 17
WORLD
Economic impact reports:Regions, sub-regions and countries
Region Sub-Region CountRy
AfR
iCA
no
Rth
A
fRiC
A
Algeria
Egypt
Libya
Morocco
Tunisia
Sub
-SA
hA
RA
n
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Cape VerdeCentral African RepublicChad
ComorosDemocratic Republic of CongoEthiopia
Gabon
Gambia
Ghana
Guinea
Ivory Coast
Kenya
Lesotho
Madagascar
Malawi
Mali
Mauritius
Mozambique
Namibia
Niger
Nigeria
Republic of Congo
Reunion
RwandaSao Tome & PrincipeSenegal
Seychelles
Sierra Leone
South Africa
Sudan
Swaziland
Tanzania
Togo
Uganda
Zambia
Zimbabwe
Region Sub-Region CountRy
euR
ope
euR
ope
An
un
ion
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
UK
oth
eR e
uR
ope
Albania
Armenia
Azerbaijan
BelarusBosnia HerzegovinaCroatia
Georgia
Iceland
Kazakhstan
Kyrgyzstan
Macedonia
Moldova
Montenegro
NorwayRussian FederationSerbia
Switzerland
Turkey
Ukraine
Uzbekistan
Mid
dle
eA
St
Bahrain
Iran
Iraq
Israel
Jordan
Kuwait
Lebanon
Oman
Qatar
Saudi Arabia
Syria
UAE
Yemen
Region Sub-Region CountRy
ASi
A-p
AC
ifiC
no
Rth
eASt
ASi
A
Japan
China
Hong Kong
South Korea
Macau
Taiwan
Mongolia
oC
eAn
iA
Australia
New Zealand
Fiji
Kiribati
Other OceaniaPapua New GuineaSolomon Islands
Tonga
Vanuatu
Sou
th A
SiA
Bangladesh
India
Maldives
Nepal
Pakistan
Sri Lanka
Sou
theA
St A
SiA
Brunei
Cambodia
Indonesia
Laos
Malaysia
Myanmar
Philippines
Singapore
Thailand
Vietnam
euR
ope
euR
ope
An
un
ion
Austria
Belgium
Bulgaria
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Region Sub-Region CountRy
AM
eRiC
AS
CA
Rib
beA
n
AnguillaAntigua & BarbudaAruba
Bahamas
Barbados
Bermuda
Cayman Islands
CubaFormer Netherlands AntillesDominicaDominican RepublicGrenada
Guadeloupe
Haiti
Jamaica
Martinique
Puerto Rico
St Kitts & Nevis
St LuciaSt Vincent & the GrenadinesTrinidad & TobagoUK Virgin Islands
US Virgin Islands
lAti
n A
MeR
iCA
Argentina
Belize
Bolivia
Brazil
Chile
Colombia
Costa Rica
El Salvador
Ecuador
Guatemala
Guyana
Honduras
Nicaragua
Panama
Paraguay
Peru
Suriname
Uruguay
Venezuela
no
Rth
AM
eRiC
A Canada
Mexico
USA
Every trip that is taken helps to boost our global economy by trillions of dollars and supports 260 million jobs worldwide. That’s almost 1 in 11 of all the jobs on our planet. So, thanks for playing your part in Travel & Tourism – one of the world’s greatest industries. for more information on the World Travel & Tourism Council visit wttc.org
Travel with the feelgood factor
WTTC Travel & Tourism Economic Impact 2013 19
ThE WORLD TRaVEL & TOuRISm COunCIL IS ThE fORum fOR BuSInESS LEaDERS In ThE TRaVEL & TOuRISm InDuSTRy.
With the Chairs and Chief Executives of the 100 foremost Travel & Tourism companies as its members, WTTC has a unique mandate and overview on all matters related to Travel & Tourism.
WTTC works to raise awareness of Travel & Tourism as one of the world’s largest industries, supporting over 260 million jobs and generating 9% of global GDP in 2012.
Together with its research partner, Oxford Economics, WTTC produces comprehensive reports on an annual basis - to quantify, compare and forecast the economic impact of Travel & Tourism on 184 economies around the world. It also publishes a World report highlighting global trends, as well as reports on regions, sub-regions and economic and geographic groups.
To download one-page summaries, the full reports or spreadsheets, visit www.wttc.org
aSSISTInG WTTC TO PROVIDE TOOLS fOR anaLySIS, BEnChmaRKInG, fORECaSTInG anD PLannInG.
Over the last 30 years, Oxford Economics has built a diverse and loyal client base of over 700 organisations worldwide, including international organisations, governments, central banks, and both large and small businesses. Headquartered in Oxford, England, with offices in London, Belfast, Paris, the UAE, Singapore, Philadelphia, New York and San Francisco, Oxford Economics employs over 80 full-time, highly qualified economists and data analysts, while maintaining links with a network of economists in universities worldwide.
For more information, please take advantage of a free trial on our website, www.oxfordeconomics.com, or contact Frances Nicholls, Head of Business Development, Oxford Economics Ltd, Broadwall House, 21 Broadwall, London SE1 9PL.
Tel: +44 (0)207 803 1418, email: [email protected]
WTTC Travel & Tourism Economic Impact 201320
ChaIRman
TUI DEUTSCHLAND GMBH & TUIFLY GMBHDr Michael FrenzelChairman of the Executive Board
PRESIDEnT & CEO
WORLD TRAVEL & TOURISM COUNCILDavid Scowsill
VICE ChaIRmEn
BEIJING TOURISM GROUPDUAN QiangChairman
ETIHAD AIRWAYSJames HoganCEO
GLOBAL LEISURE PARTNERSMark HarmsChairman & CEO
JUMEIRAH GROUPGerald LawlessPresident & Group CEO
MANDARIN ORIENTALEdouard EttedguiGroup Chief Executive
SILVERSEA CRUISESManfredi Lefebvre d’Ovidio di Balsorano de ClunieresChairman
THE TRAVEL CORPORATIONBrett TollmanPresident & Chief Executive
WYNDHAM WORLDWIDEStephen P HolmesChairman & CEO
EXECuTIVE COmmITTEE
ABERCROMBIE & KENTGeoffrey J W KentFounder, Chairman & CEO
ACCORDenis HennequinChairman & CEO
AMERICAN EXPRESS COMPANYWilliam GlennPresident, Global Merchant Network Group
BHARAT HOTELSJyotsna SuriChairperson & Managing Director
CARLSONDouglas Anderson President & CEO Carlson Wagonlit Travel
EMIRATES Gary Chapman President Group Services & Dnata, Emirates Group
HILTON WORLDWIDEChristopher J NassettaPresident & CEO
INTERCONTINENTAL HOTELS GROUP Richard SolomonsChief Executive
MARRIOTT INTERNATIONAL JW Marriott, JrChairman
Arne M SorensonPresident & CEO
OUTRIGGER ENTERPRISES GROUPDr Richard R KelleyChairman Emeritus
REVOLUTION PLACESPhilippe BourguignonVice Chairman
RIOFORTE INVESTMENTS SAManuel Fernando Espírito SantoChairman
SABRE HOLDINGSTom Klein President
SHUN TAK HOLDINGS Pansy HoManaging Director
JTB CORPHiromi TagawaPresident & CEO
TRAVEL GUARD WORLDWIDEJeffrey C RutledgeChairman & CEO
TRAVELPORTGordon WilsonPresident & CEO
TSOGO SUN GROUPJabu MabuzaDeputy Chairman
VISITBRITAINChristopher Rodrigues, CBEChairman
GLOBaL mEmBERS
ALTOURAlexandre ChemlaPresident
AMADEUS IT GROUP SALuis MarotoPresident & CEO
AVIS BUDGET GROUPRonald L NelsonChairman & CEO
BEIJING CAPITAL INTERNATIONAL AIRPORT CODONG ZhiyiChairman
ZHANG GuanghuiPresident & CEO
BEIJING TOURISM GROUPLIU YiPresident
BEST DAY TRAVELFernando García ZalvideaPresident & Founder
BOSCOLO GROUPGiorgio BoscoloCEO
BRITISH AIRWAYSKeith WilliamsChief Executive Officer
CANNERY ROW COMPANYTed J BalestreriChairman & CEO
CHINA INTERNATIONAL TRAVEL SERVICE, HEAD OFFICE (CITS)YU NingningPresident
CHINA SOUTHERN AIRLINESTAN WangengPresident & CEO
COSTA CRUISESPier Luigi FoschiChairman of the Board
CTRIP.COM INTERNATIONALMin FanCEO
DEPARTMENT OF TOURISM & COMMERCE MARKETING, GOVERMENT OF DUBAIKhalid A bin SulayemDirector General
DIAMOND RESORTSStephen J CloobeckFounder & Chairman
DLA PIPERSir Nigel KnowlesCo-CEO & Managing Partner
DUBAILANDMohammed Al HabbaiCEO
DUBAI AIRPORTS INTERNATIONALPaul GriffithsCEO
EAST JAPAN RAILWAY COMPANYSatoshi SeinoChairman & Director
EXPEDIA INCDara KhosrowshahiPresident & CEO
FAIRMONT HOTELS & RESORTSJennifer FoxPresident
GLOBAL BLUE GROUPPer SetterbergPresident & CEO
HERTZ CORPORATIONMark FrissoraChairman & CEO,
Michel TaridePresident, Hertz International
HNA GROUPCHEN Feng Chairman of the Board
HOGG ROBINSON GROUPDavid RadcliffeChief Executive
HONG KONG & SHANGHAI HOTELSClement KwokCEO & MD
HOTELPLAN GROUP Hans LerchVice Chairman & CEO
HUANGSHAN TOURISM GROUPXU JiweiChairman
HYATT HOTELS CORPORATIONMark S HoplamazianPresident and CEO
IBMMarty SalfenGeneral Manager, Global Travel & Transportation Industry
INDIAN HOTELS COMPANY RK Krishna KumarVice Chairman
INTERNATIONAL AIRLINES GROUPWillie WalshChief Executive
INTERSTATE HOTELS & RESORTSJim AbrahamsonCEO
JONES LANG LASALLE HOTELSArthur de HaastChairman
LEBUA HOTELS & RESORTS Rattawadee BualertPresident
Deepak OhriCEO
LOEWS HOTELS Jonathan M TischChairman & CEO
LOS ANGELES WORLD AIRPORTSGina Marie LindseyExecutive Director
WTTC Members
WTTC Travel & Tourism Economic Impact 2013 21
WTTC Members
LOTTEDong-Bin ShinChairman
MELIÁ HOTELS INTERNATIONALSebastián EscarrerVice Chairman
MESSE BERLIN GMBHRaimund HoschPresident & CEO
MGM RESORTS INTERNATIONALJim MurrenCEO
MISSION HILLS GROUPDr Ken ChuChairman & CEO
ORBITZ WORLDWIDEBarney HarfordCEO
OTI HOLDINGAyhan BektasChairman
OZALTIN HOLDINGÖznur ÖzdemirVice Chairman
PALACE RESORTSJosé Chapur ZahoulPresident
PAN PACIFIC HOTEL GROUPPatrick ImbardelliPresident & CEO
QUNARCC ZhuangCo-Founder & CEO
RADISSON EDWARDIAN HOTELSJasminder SinghChairman & CEO
REED TRAVEL EXHIBITIONSRichard MortimoreManaging Director
RELAIS & CHÂTEAUXJaume TàpiesPresident
ROYAL CARIBBEAN CRUISESRichard D FainChairman & CEO
R TAUCK & PARTNERSRobin Tauck President
S-GROUP CAPITAL MANAGEMENTVladimir YakushevManaging Partner
SHANGRI-LA INTERNATIONAL HOTEL MANAGEMENTGreg DoganPresident & CEO
SHANGHAI JIN JIANG INTERNATIONAL HOTELSYANG WeiminCEO
SOUTH AFRICAN AIRWAYSSizakele MzimelaCEO
SPRING INTERNATIONAL TRAVEL SERVICESYU WanVice-President
STARWOOD HOTELS & RESORTS WORLDWIDEFrits D van PaasschenPresident & CEO
TAJ HOTELS RESORTS & PALACESRaymond BicksonManaging Director & CEO
TAP PORTUGALFernando PintoCEO
TRANSAERO AIRLINESAlexander PleshakovChairman
TRAVEL LEADERSMichael BattChairman & CEO
UNITED AIRLINESJeff Smisek President & CEO
Jim ComptonExecutive Vice President & Chief Rev-enue Officer
VALUE RETAILDesiree BollierCEO
VIRTUOSO Matthew D Upchurch CTCCEO
WILDERNESS SAFARISAndy Payne CEO
ZAGAT SURVEY LLCTim ZagatCo-Founder, Co-Chair & CEO
InDuSTRy PaRTnERS
BOSTON CONSULTING GROUPDr Achim FechtelSenior Partner & Managing Director
Dr Daniel StelterSenior Partner & Managing Director
THE COCA-COLA COMPANYStefanie D millerGroup Vice President, Strategic Partnership Marketing
DELOITTEAdam WeissenbergVice Chairman & Partner, Deloitte & Touche LLP
GOOGLERob TorresManaging Director for Travel
JCBKoremitsu SannomiyaPresident & Chief Operating Officer
SPENCER STUARTJerry NoonanGlobal Consumer Leader
TOSHIBA CORPORATIONatsutoshi nishidaChairman of the Board
REGIOnaL mEmBERS
APPLE LEISURE GROUPAlex ZozayaCEO
DOURO AZULMario FerreiraCEO
EL CID RESORTSCarlos BerdeguéCEO
JA RESORTS AND HOTELSKevin WallacePresident & CEO
MAKEMYTRIP.COMDeep KalraFounder & Chief Executive
NORTHERN CAUCACUS RESORTSAlexey AnatolyevichDirector General
ROTANA HOTEL MANAGEMENT CORPORATIONSelim El ZyrPresident & CEO
SHKP HOTELSRicco De BlankCEO
SWAIN TOURSIan SwainPresident
TREND OPERADORA LTDALuis Paulo LuppaCEO
hOnORaRy mEmBERS
ACCORGérard PélissonCo-Chairman,Supervisory Board
AMERICAN EXPRESS COMPANYJonathan S LinenAdviser to Chairman
ANDRÉ JORDAN GROUPAndré JordanChairman
THE HERTZ CORPORATIONFrank OlsenRetired Chairman of the Board
TOSCANA VILLE & CASTELLI Tommaso ZanzottoPresident
UNIVERSAL MEDIACarl RudermanChairman
ChaIRman EmERITuS
RRE VENTURESJames D Robinson IIIGeneral PartnerWTTC Chairman (1990-1994)
ImmEDIaTE PaST ChaIRman
ABERCROMBIE & KENTGeoffrey J W KentFounder, Chairman & CEOWTTC Chairman (2007-2012)
fORmER ChaIRmEn
GLOBAL ALLIANCE ADVISORS LLCVincent A WolfingtonChairman
WTTC Chairman (2004-2007)INTERCONTINENTAL HOTELS GROUPSir Ian ProsserRetired ChairmanWTTC Chairman (2001-2003)
AMERICAN EXPRESSHarvey GolubRetired Chairman & CEOWTTC Chairman (1996-2001)
ROBERT H BURNS HOLDINGS Robert H BurnsChairmanWTTC Chairman (1994-1996)
ImmEDIaTE PaST PRESIDEnT
CREWE ASSOCIATESJean-Claude BaumgartenChairman & MD
WTTC Travel & Tourism Economic Impact 201322
Notes
WTTC Travel & Tourism Economic Impact 2013 23
Notes
1-2 Queen Victoria Terrace, Sovereign Court,
London E1W 3HA United Kingdom
Telephone: +44 (0) 20 7481 8007 Fax: +44 (0) 20 7488 1008Email: [email protected]
www.wttc.org