World: Tourism Sector Growth

John Downes's picture

The tourism sector is recovering from the doldrums brought about by the Asian economic crisis. The WTO's preliminary figures show international tourist arrivals in 1999 at 665-670 million, a growth of 4-5%. There has been robust growth in the European outbound travel to other European destinations, North America, North Africa and Asia. The Asian outbound market is also recovering. Tunisia and Morocco have both experienced growth rates of 12%, Southern France 10% and Spain 9%. The Latin American outbound market remains in the doldrums, however.

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