A New Golden Age of Travel Opportunities to Boost the Economy and Promote Soft Diplomacy January 25, 2012.

Slides:



Advertisements
Similar presentations
Tourism : A Challenge for Addressing Poverty San Salvador, El Salvador September 29,
Advertisements

Private Sector Challenges and Opportunities Inherent in advancing the Complete Visitor Economy Abid Butt Chief Executive Officer Banyan Tree Hotels and.
Transatlantic Trade & Investment Partnership (TTIP) Presented to the County of Riverside by Marin Dimitrov, Consul General of Bulgaria.
New York City January 23, 2007 The U.S. Wine Market – Consumer Trends and Analysis Kennewick, WA – February 6, 2008.
Chapter 1. Meeting the needs of guests with kindness and goodwill Derived from the Latin word hospes, which means host or guest Hospitality is a “people.
Montenegro’s Tourism Satellite Account Goranka Lazovic, Ministry of Tourism and Environment of Montenegro, Slovenia, Dolenjske Toplice th October.
Dr Thomas Bauer, School of Hotel and Tourism Management,
Benefits of Tourism Corthwright Marshall Research & Development Officer Ministry of Tourism & Civil Aviation.
IPv6 Deployment Status APEC TEL45, 11/04/2012, Da Nang, Vietnam Miwa Fujii APNIC Senior IPv6 Program Specialist.
The Canadian Chamber of Commerce Canada’s Opportunities and Barriers for Success May 12, 2011 Toronto, Ontario Chris Gray Director, Innovation Policy
“Lecture 2” What is Tourism?
Global Economic Growth and Development
One Council - One City Equality Framework for Local Government Peer Review for Excellent.
Free Trade Agreements: Helping U.S. Businesses Export.
Medical Tourism Outlook
The Chocolate Museum Celebrating the history and contributions of chocolate.
Globalization. Definition: An economic phenomenon An economic phenomenon A social phenomenon A social phenomenon A cultural phenomenon A cultural phenomenon.
Tourism Information Technology Chapter One from Dr. Sheldon’s book
Overview  Overview of Irish Economy  Key Business Sectors  Skills requirements.
___________________________ Principles, Practices, Philosophies TOURISM TWELFTH EDITION Charles R. Goeldner J. R. Brent Ritchie © 2012 John Wiley and Sons,
Global Travel, Inbound Outbound Tourism, & Economic Impact
Prepared for: Quantitative Research November 2009.
1 Pushing back the frontiers of poverty and unemployment through accelerated growth Economic Strategy for 2003 Presentation to the Portfolio Committee.
Investment in Downtown Norfolk: Economic and Fiscal Impact Presented to City Council February 12, 2008.
EPC EDUCATION AND TRAINING – Applications for Membership of the EU Turkey - April 1987 Cyprus - July 1990 Malta - July 1990 Hungary.
Mark Pearson Chief Executive SURREY CONNECTS Enterprise Partnership.
Making the Connections: The cross-sector benefits of supporting bus services Maria Machancoses West Midlands ITA Policy & Strategy Team 
The Future of Travel & Tourism in Light of September 11, 2001 Graham Wason Vice President, Strategy & Development.
Competitiveness of Central Asia Findings from the Central Asian Competitiveness Outlook Margareta Drzeniek Hanouz Director, Senior Economist Centre for.
The role of gold mining in supporting socio-economic development Andrew Britton | 29 September 2015.
Q1. The politically relevant opinions held by ordinary citizens that they express openly.
Leisure, Sport and Tourism – Year 12 Lesson 8  Why do countries look to tourism for economic growth?  What impacts can tourism have?  What evidence.
WHO ARE WE? We Represent Pennsylvanians Throughout The Hospitality Industry.
INTERNATIONAL TOURISM
Globalization Theme: Impact of globalization and related responses (2) 9 Factors which influence the spread and evenness the spread and evenness of globalization.
Globalization. - The process of accelerating engagement among peoples of the world - Vastly accelerated after WWII.
Past, present and future. The benefits of enlarging the Union to include these countries are political, economic, and cultural: The extension.
Economic benefits and implications in investing and deploying new technologies - Bridging Digital Divide with Mobility Dr. Walid Moneimne SVP, Nokia Networks.
David A. Olive General Manager, Fujitsu Limited WITSA Public Policy Chairman WITSA Public Policy Meeting Athens, Greece May 15, 2005 Global Public Policy.
1 Conditions and Needs of Social Dialogue in Tourism in New EU Member States and Candidate Countries Wolfgang Weinz, ILO Social Dialogue in New Member.
T URKISH A RAB C APITAL M ARKETS F ORUM 20 S EPTEMBER 2012 F OUR S EASONS B OSPHORUS H OTEL.
Tourism and The Labor Market Test Working World Trialogue: The Philippine Labor Market Test and the Global Working World 10 November 2008, Institute of.
University of Pretoria THE STATE OF DOMESTIC TOURISM IN SOUTH AFRICA: CHALLENGES AND OPPORTUNITIES 30 March 2015 Prof Berendien Lubbe Division: Tourism.
Private Sector Development Efficiency, Productivity and Growth 1 Development Equity Associates Inc. February-March, Sources: World Bank 2003;
 Gross Domestic Product (GDP): The value of the goods and services a country produces in a year. GDP is often used to measure the strength of a country’s.
Islamic Republic of Iran’s investment climate in high technologies FORUM NEW TECHNOLOGIES AUSTRIA - IRAN Austrian Federal Economic Chamber Thursday,
Meetings and Events – Economic and Social Impact Tom Hulton Director International Relations IMEX Group.
Tourism: Principles, Practices, Philosophies 9th Edition - ©2003 Understand what tourism is and its many definitions. Learn the components of tourism and.
Global Trends in Adventure Tourism
Louise Stewart Partnerships and Performance Director March 2012 Contribution of the visitor to economic growth.
Entrepreneurship Opportunities in Tourism: Myth or Reality?
Supranational Cooperation
Value of Advertising: Global Survey Results
Transatlantic Trade & Investment Partnership (TTIP) Presented to the County of Riverside by Marin Dimitrov, Consul General of Bulgaria.
Celebrating the history and contributions of chocolate
The Political Context – a Funding Council Perspective
Economic benefits of gender equality in the EU
___________________________ Principles, Practices, Philosophies TOURISM TWELFTH EDITION Charles R. Goeldner J. R. Brent Ritchie © 2012 John Wiley and Sons,
Technology and the Global Economy.
PROSPECTS FOR THE GLOBAL ECONOMY
NOV - Handouts November 19, 2009
PROSPECTS FOR A GLOBAL RECOVERY AND IMPLICATIONS FOR BUSINESS LEADERS
XIX INTERAMERICAN TRAVEL CONGRESS
NHA Mission & Vision Statements
Part 2 Business Sustainability in the age of exponential change
Learning Objectives Understand what tourism is and its many definitions. Learn the components of tourism and tourism management. Examine the various approaches.
COHESION POLICY DELIVERING BENEFITS FOR CITIZENS
The New Tourism Lexicon Rewriting Our Industry's Narrative
CUSTOM INTELLIGENCE SERVICES
Infrastructure investments – source of future well-being
Presentation transcript:

A New Golden Age of Travel Opportunities to Boost the Economy and Promote Soft Diplomacy January 25, 2012

THE GOLDEN AGE OF TRAVEL AT-A-GLANCE INTERNATIONAL TRIPS: Doubled in the past decade, estimated to reach 1 billion in 2012 (UN World Travel Organization) ECONOMIC IMPACT Travel & Tourism contributions to the global GDP are forecast to increase 4.2% per year to $9.2 trillion in 2021 (World Travel & Tourism Council) JOBS Travel & Tourism is predicted to create an additional 69 million net jobs by 2021 (WTTC) 2

3 STUDY OVERVIEW Between October 19 and November 17, 2011, international strategic research firm Penn Schoen Berland surveyed 1,100 global frequent travelers and opinion leaders on behalf of Marriott International. This report includes data on opinions about the importance of travel among that key group. 3

4 Which of the following benefits of travel do you believe is most important? Showing All TRAVEL IS ABOUT MORE THAN BUSINESS AND LEISURE Which of the following benefits of travel do you believe is most important? Ranked by All AllUSEuro BRCNINBizLeis.Influ. Rest and relaxation Mixing business and leisure Seeing new places Learning about new cultures Achieving business success Meeting new people Other None of the above Broadening horizons is also important to travelers 40% 60%

Which of the following do you believe can be most effective at breaking down cultural barriers? Showing All TRAVELERS STRONGLY BELIEVE TRAVEL CAN BREAK DOWN CULTURAL BARRIERS Which of the following do you believe can be most effective at breaking down cultural barriers? Ranked by All AllUSEuro BRCNIN Under Travel The Internet Television/Movies Political diplomacy Don't know Seen as more important than technology, media and diplomacy 5

CULTURAL EXPERIENCES, NOT POLITICS ALONE, ARE SEEN AS MEANS TO SPREADING PEACE Which of the following statements is closer to your view? The more people experience other countries and cultures, the more peace will spread It does not matter how much people experience other countries and cultures, achieving peace is up to political leaders, not citizens Which of the following statements is closer to your view?AllUSEuro BRCNIN Under The more people experience other countries and cultures, the more peace will spread It does not matter how much people experience other countries and cultures, achieving peace is up to political leaders, not citizens Don't know

UNDERSTANDING OF ECONOMIC BENEFITS IS CLEAR Encouraging travel and tourism is one of the most important ways to help the country's economy growth There are plenty of more important ways than encouraging travel and tourism to help the country's economy growth Important Not important Stimulates the economy Do not stimulate the economy Travel seen as important to job creation Travel seen as economic stimulus Travel seen as a main economic driver Views are remarkably strong and consistent globally 7