Tourism is one of the largest and fastest growing sectors in the world that is fueling growth, creating jobs, opening up business opportunities for SMES and providing pathways out of poverty for millions. According to the UNWTO, the tourism sector accounted for 10% of global GDP, 10% of total employment worldwide and 7% of the world’s exports equivalent to USD 1.4 trillion in 2016. International tourist arrivals have increased from 25 million in 1950 to 1.235 billion in 2016 and tourism receipts attained USD 1.220 trillion. It is forecasted that by 2030 international tourist arrivals would reach 1.8. billion. For many countries, especially developing and least developed ones, tourism is a major economic pillar and an important source of foreign currency earnings. Governments across the world are leveraging on tourism as an engine of economic growth and a driver for economic diversification.
Le Meridien Ile Maurice Hotel, Village Hall Lane, Pointe aux Piments, Mauritius