World Tourism Growth Seen Slowing This Year | usatoday.com

World travel and tourism is expected to grow 5.1% this year, slowing from a rebound of 6.8% the year before, the World Travel & Tourism Council (WTTC) said on Monday. The world travel and tourism economy is forecast to expand to $7.8 trillion in 2005 as it returns to more normal growth rates, the London-based trade association said. Asia represented one of the greatest world growth markets, especially because of the rapidly growing numbers of...

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WTCC is a membership organisation representing the leaders of the global travel and tourism industry. WTTC is a forum for global business leaders comprising presidents, chairs and CEOs of 100 of the world’s foremost companies. It is the only body representing the private sector in all parts of the Travel & Tourism industry worldwide. WTTC’s mission is to raise awareness of the full economic impact of Travel & Tourism, the world’s largest...