1. Travel, Tourism and Hospitality Potential Risks 1

2. Travel, Tourism and Hospitality Value of the Industry 2013 Total arrivals1.09 billion Travel and tourism global DCP share9% Travel and tourism jobs266 million Travel and tourism employment share8.7% New jobs before 202035 million

3. Geopolitical Risks Confidence in Traditional Source Markets and Destinations 3 Regional and international security alerts: 9/11 (2001). Invasion of Iraq (2003). Economic sanctions against Russia (2014).

4. Pandemics Impact on Travel, Tourism and Hospitality 4 Economic impact of SARS (2004) to tourism and commerce was USD 11 billion. In Hong Kong, 41% of industry GDP was lost, as well as 27,000 industry jobs, representing 38% of total industry jobs in Hong Kong. Ebola (2014) fears take toll on African tourism with occupancy rates at 30% instead of 65% and cancelled airline flights.

5. Human Capital Future Employment in Travel and Tourism 5 Human capital shortage in travel, tourism and hospitality industry in 37 out of 46 leading tourism countries despite growing unemployment (WTTC). Mismatch between qualifications required by employers and university degrees. Expanding population in Asia and Middle East create opportunities for job creation.

6. Policies for Growth Freedom to Travel 6 Facilitation of travel through electronic visas: The ASEAN (Association of South East Asian Nations) region would gain up to US$12 billion in international tourism receipts by 2016 as a result of improvements to visa facilitation (WTTC). Travel taxation: UK Air Passenger Duty is damaging UK GDP by some GBP 4 billion per annum and costing 90,000 jobs (WTTC).