Source: eTurboNews

Travel and tourism is one of the world’s most important sectors and has been one of the leading growth sectors since the World Travel & Tourism Council (WTTC) first started measuring travel and tourism’s economic impact 20 years ago.

“But, as was the case with other sectors, it was hit hard by the credit and housing market collapses last year that triggered the deepest recession since the Great Depression,” said Jean-Claude Baumgarten, WTTC’s president and CEO, launching the council’s annual research results at ITB Berlin today.

Read the full article here: eTurboNews