Timeshare is a Global Industry with Global Economic Impact
Monday, January 30, 2012
The facts speak for themselves. The following statistics are based on research from the World Travel & Tourism Council (WTTC) and relate to the global tourism industry, which includes hotels, timeshare, travel, and all services related to tourism and hospitality.
- One American job is created for every 35 international visitors to the US.
- Impact of travel and tourism on the global gross domestic product (GDP) is forecast to rise by 4.2 percent annually to US $9.226 trillion by 2021.
- Visitor exports—that’s the amount visitors spend in a given foreign country—will increase by 6.6 percent annually through 2021, rising to US $1.789 billion by 2021.
- In New York City alone, Brazilians tourists spent a total of $1.63 billion in 2011. Italians tourists spent $1.1 billion; Canadian tourists spent $1.27 billion and visitors to the Big Apple from the United Kingdom spent $1.42 billion. (Source: NYC & Co., the city’s tourism board.)
- Globally, over the next ten years, tourism is projected to add an additional 69 million net jobs to the world’s employment picture.
Your next timeshare vacation or holiday is good for your mental and physical well-being. It’s good for your employer because you return to work rejuvenated and more productive. Vacations and holidays are good for building bonds and strengthening relationships among those who share the experience. And tourism and travel are powerful tools for helping to restore the global economic picture.
