TEXT for TRANSLATION:
Advanced economies grow faster than expected.
The globalisation of the markets has opened up new opportunities, with tourists from new markets able to afford high value vacations. Attracting them to Europe would enhance the development potential of the European tourism industry and support the creation of growth and jobs in the EU. The Commission works together with the Member States and other tourism stakeholders on projects such as the European Tourist Destinations Portal and the preparatory action on European Destinations of Excellence and, at the same time, promotes synergies with all stakeholders in order to improve the visibility of tourism.
Advanced economies grow faster than expected.
All world (sub)regions showed positive trends with the exception of the Middle East and North Africa. Results were better than expected in Europe (+6%), boosted by the recovery of Northern Europe (+7%) and Central and Eastern Europe (+9%), and the temporary redistribution of travel to destinations in Southern and Mediterranean Europe (+7%) due to developments in North Africa (-13%) and the Middle East (-11%). Sub-Saharan Africa (+9%) continued to perform soundly.
“The sustained growth registered in tourism demand in such challenging times clearly makes the case for the sector and reinforces our call to consider tourism as a priority in national policies. Tourism can play a key role in terms of economic growth and development, particularly at a moment when many economies, for the most part in Europe and North America, struggle for recovery and job creation,” said UNWTO Secretary-General, Taleb Rifai.
“We must remain cautious as the global economy is showing signs of increased volatility,” said Mr. Rifai. “Many advanced economies still face risks posed by weak growth, fiscal problems and persistently high unemployment. Simultaneously, signs of overheating have become apparent in some emerging economies. Restoring sustained and balanced economic growth remains a major task”.
“The sustained optimism shown by the UNWTO Confidence Index is reassuring, especially as we still face many factors which could dampen growth. While global economic prospects indicate an improved second half of the year, UNWTO remains alert to social instability in certain parts of the world, volatile oil prices and concerns over fiscal stability in the USA and Europe,” said Mr. Rifai.
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