Daily FT 25 September 2017 Tourism is one of the world’s largest and fastest growing industries. In many countries it acts as an engine for development through foreign exchange earnings and the creation of direct and indirect employment.
Tourism contributes 5% of the world’s GDP and 7% of jobs worldwide. It accounts for 6% of the world’s exports and 30% of the world’s exports in services. In developing countries, tourism generates 45% of the total exports in services (UNWTO).
Tourism has demonstrated its potential for creating jobs and encouraging income-generating activities to benefit local communities in destination areas. However, less attention has been paid to the unequal ways in which the benefits of tourism are distributed between men and women, particularly in the developing world. Read more…
