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NEWS
G20 leaders recognise travel and tourism as driver of economic growth
POSTED 25 Jun 2012 . BY Pete Hayman
Image: World tourism could generate US$2tn this year

The leaders of the world's 20 leading economies (G20) have recognised the role of tourism in driving economic growth for the first time, following a meeting in Mexico this month.

A Leaders' Declaration signed in Los Cabos has underlined "the role of travel and tourism as a vehicle for job creation, economic growth and development".

The 20 world leaders also pledged to "work towards developing travel facilitation initiatives in support of job creation, quality work, poverty reduction and global growth".

According to World Travel and Tourism Council figures, the international sector will contribute US$2tn (EUR2.5tn, £1.6tn) in GDP and 100 million jobs this year.

UNWTO secretary-general Taleb Rifai and WTTC president and CEO David Scowsill said: "We commend the G20 world leaders for recognising the importance of travel and tourism as a driver of economic growth and job creation for the first time.

"This is a significant success for the industry and could not have happened without the support of [Mexico's] President Calderon, a leader who truly understands the socio-economic value of tourism and its potential to create new jobs."

Details: www.unwto.org (UNWTO)

Image: shutterstock.com/egd
MORE NEWS
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
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Jobs    News   Products   Magazine   Subscribe
NEWS
G20 leaders recognise travel and tourism as driver of economic growth
POSTED 25 Jun 2012 . BY Pete Hayman
Image: World tourism could generate US$2tn this year

The leaders of the world's 20 leading economies (G20) have recognised the role of tourism in driving economic growth for the first time, following a meeting in Mexico this month.

A Leaders' Declaration signed in Los Cabos has underlined "the role of travel and tourism as a vehicle for job creation, economic growth and development".

The 20 world leaders also pledged to "work towards developing travel facilitation initiatives in support of job creation, quality work, poverty reduction and global growth".

According to World Travel and Tourism Council figures, the international sector will contribute US$2tn (EUR2.5tn, £1.6tn) in GDP and 100 million jobs this year.

UNWTO secretary-general Taleb Rifai and WTTC president and CEO David Scowsill said: "We commend the G20 world leaders for recognising the importance of travel and tourism as a driver of economic growth and job creation for the first time.

"This is a significant success for the industry and could not have happened without the support of [Mexico's] President Calderon, a leader who truly understands the socio-economic value of tourism and its potential to create new jobs."

Details: www.unwto.org (UNWTO)

Image: shutterstock.com/egd
MORE NEWS
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
London Museum reveals 2026 opening date for new Smithfield home
The London Museum’s new site will open in Smithfield, East London, on 28 November 2026.
Toverland unveils €98m expansion plan as park prepares to launch resort development
The Toverland theme park in the Netherlands has announced a €98m expansion programme that will add a resort, new attractions and staff facilities as it pursues plans to become a multi- day destination.
+ More news   
 
COMPANY PROFILES
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


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