The international tourism market along with the Asian
inbound tourism experiences a steep upsurge in the recent times as the fiscal
value of dollar and the promotion of global tourism helps the Americans to plan
their leisure and business trips comfortably. The Asian destinations including,
China, India, Japan, South Korea, Indonesia and Australia are some of the most
sought after destinations as per the recent reports of the US travel
association. Moreover, states like New York, California are providing a lot of
job opportunities related to the tourism industry. The headlines of the
international tourism news is definitely serving a world of good for travel
industry experts and research associates of global tour operators in the world.
The travel and tourism sector grew at an annualized rate of
6.8 percent in the first three months of 2013. In the same period, the U.S.
economy grew at an annualized pace of 2.4 percent, according to the US
department of commerce, Bureau of economic analysis. Not only is the U.S.
travel and tourism industry growing more than three times as fast as the rest
of the economy, it’s doing so despite a slowing in growth in prices. Moreover,
the travel and tourism industry is also hiring people at a much faster rate
than other sectors of the U.S. economy. Employment in this sector grew 2.3
percent in the first quarter of 2013, 0.4 percentage points faster than the
pace at which the rest of the U.S. economy added jobs — 1.9 percent.
Passenger flights, which grew 19 percent in the first
quarter of 2013, were the biggest contributor to the increased spending in the
travel and tourism sector. Other transportation-related industries, like car
rentals, also saw increased spending. However, growth in spending in restaurants,
bars and hotels slowed down.
The rise in US
tourism has also augmented a lot of local businesses in the Asian countries.
Similarly, the travel trends and jobs related to the tourism industry are
showing new lights of human resources and promote tourism worldwide. Recently,
the state’s tourism industry is busy with job creation machine that cannot be
outsourced or replaced by technology, said Caroline Beteta, CEO of Visit
California, in response to an employment report that showed tourism led the state
in new jobs.
“California’s travel and tourism industry is a leading
economic engine for the state. As the industry continues to grow it’s no
surprise that the largest component of the travel and tourism industry –
leisure and hospitality – has recently added 9,000 new jobs, more than any
other industry,” Beteta said, in a release.
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