WTTC-2017全球旅游行业经济影响报告（英文版）-2018.1-17页-12mb

2017 Travel & Tourism Global Economic Impact and Issues Summary

Core Content

The 2017 Annual Economic Report by the World Travel & Tourism Council (WTTC) provides a comprehensive overview of the economic and employment impact of the Travel & Tourism sector across 185 countries and 26 regions. The report highlights the sector's resilience in 2016 despite global challenges such as terrorism, political instability, and natural disasters, and outlines its future potential over the next decade.

Main Points

• Global Contribution in 2016:

  • The Travel & Tourism sector directly contributed $2.3 trillion to the global economy and supported 109 million jobs.
  • Including indirect and induced impacts, the sector's total contribution reached $7.6 trillion, which is 10.2% of global GDP and accounts for 1 in 10 jobs globally.

• Leisure vs Business Travel:

  • In 2016, 76.8% of all travel spending was from leisure travel, compared to 23.2% from business travel.

• Domestic vs International Travel:

  • Domestic travel contributed 72% of the sector's GDP, while international travel accounted for 28%.

• 2016 Growth:

  • The sector's direct contribution to GDP grew by 3.1%, outpacing the global economy's 2.5% growth.
  • This marked the sixth consecutive year of outperformance.
  • In terms of employment, the sector added 1.8% growth, generating around 6 million new jobs.

• 2017 Outlook:

  • The global Travel & Tourism sector is expected to grow by 3.5% in 2017.
  • Visitor exports will be a key driver of growth.
  • Consumer spending power is expected to slow, affecting overall growth.
  • The USA is forecast to have strong growth of 5.4% in outbound travel, with Caribbean and Mediterranean destinations likely to benefit.
  • The UK will experience a slowdown in outbound travel due to Brexit-related uncertainty and sterling depreciation, with a contraction in growth expected.
  • China is expected to maintain strong growth, with 12.0% in 2017, and India is anticipated to grow significantly over the next decade.

• Ten-Year Forecast (2017-2027):

  • The sector is expected to grow at an average of 3.9% per year in direct GDP contribution.
  • By 2027, Travel & Tourism will support over 380 million jobs, accounting for 1 in 9 jobs globally.
  • It will contribute 23% of global net job creation and 11.4% of global GDP.
  • The sector will continue to outperform the global economy and other major sectors like manufacturing and retail.

• Top Performing Countries:

  • In 2016, Azerbaijan, Mongolia, Iceland, Cyprus, Kazakhstan, Moldova, Costa Rica, Georgia, Thailand, and Sri Lanka showed the highest growth in direct GDP contribution.
  • China, India, Thailand, and Indonesia are expected to be the fastest-growing larger economies in the next decade.
  • China is projected to overtake the USA in total Travel & Tourism GDP and domestic spending by 2027.
  • India is expected to be the fourth largest Travel & Tourism economy by 2027.

• Sustainability Focus:

  • 2017 is the International Year of Sustainable Tourism for Development.
  • The sector is increasingly focusing on sustainability, particularly in fast-growing destinations where international visitor numbers can outpace local populations, potentially leading to infrastructure strain and environmental pressures.
  • Iceland had a 5:1 ratio of international tourists to residents, with similar trends in Croatia and Montenegro.

• Industry Insights:

  • Industry partners such as Deloitte, Google, IBM, JCB, and JLL contributed insights into future trends and challenges, emphasizing the need for policy and planning decisions based on authoritative data and expert insights.

Key Challenges and Opportunities

• Global Risks:

  • Terrorism and political instability continue to pose risks to international travel.
  • The UK faces challenges due to Brexit, with domestic travel likely to increase at the expense of international travel.

• Currency Fluctuations:

  • The depreciation of sterling could boost inbound tourism but may reduce outbound travel.
  • Strong USD and low oil prices support US outbound travel and Caribbean and Mediterranean destinations.

• Sustainable Development:

  • The report underscores the importance of sustainable tourism for long-term growth and development.
  • Infrastructure investment and policy support are crucial for managing the sector's growth and ensuring it remains resilient and sustainable.

Conclusion

The Travel & Tourism sector remains a key driver of economic growth and job creation, with a strong outlook for the future. While global challenges persist, the sector's ability to outperform the economy and adapt to changing consumer behavior positions it for continued success. Sustainability and strategic investment will be essential for future growth, particularly in emerging markets.