Oliver Wyman works with the world’s leading journey and leisure firms, together with hotel, airways, passenger rail and bus operators, theme parks, cruise operators, gaming and lottery companies, tour operators and journey businesses, airports, rail stations, and concessionaires, as well as private fairness corporations. The World Journey and Tourism Council (WTTC) estimates a four.5 per cent per annum improve in the total quantity of journey and tourism financial activity between 2002 and 2012. This is largely credited to an increase in world wealth, liberalization of international airspace, cheaper flights and the usage of the Web as a journey instrument. The earnings from tourism have made it one of many world’s largest industries and the quickest growing sectors of worldwide commerce accounting for 10.7 per cent of world gross home product (GDP), 12.8 per cent of world exports, eight.2 per cent of global employment (or one in each 12.2 jobs), and 9.four per cent of world capital investment.
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