The changing face of tourism | The Economist


Since the 1950’s, the number of people going
on holiday has soared. The global tourism industry is booming. In 2017, it generated
eight trillion dollars to the economy, and accounts for 10% of
employment worldwide. Americans used to be the
biggest movers in the industry. Now it’s the Chinese. Last year, more Chinese people traveled and spent more money doing so than any other nationality. As middle classes get wealthier across emerging market countries, so too, do their travel budgets. The number of Indian
travelers is on the up with countries such as
Jordan, Australia and Israel making it easier for Indians to get visas. Although, only seven
percent of Chinese citizens own a passport, by 2030, Chinese trips will account for around a quarter of
international tourism. Thailand is the top
international destination for Chinese travelers. Mexico is the number one choice for residents of the United States, but Europeans tend to stay in Europe. Around 90% of nights spent
by tourists in the E.U. are by European residents. Europe is the most visited continent, and France, the most visited
country in the world. Tuvalu, the small island nation in the South Pacific, the least. This is because it is so far away from the rest of the world. Tourism is increasing in most
areas in the world except one. Travel bans on people
from Muslim countries, more visa checks and the stronger dollar have made the United States a less attractive
destination for visitors. Since the 1950’s, the number of people going
on holiday has soared. The global tourism industry is booming.

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