100 Years of Advancing Destinations

A look at global travel trends

Thursday, March 27, 2014

During a prolonged and grinding recession, the travel industry was one of the few sectors to bounce back early and help buoy the global economy. Last year, the industry accounted for 9.5 percent of the global economy (nearly $7 trillion) and employed 266 million people — about 9 percent of the global work force.