suicide attacks result in lower demand for travel to europe
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Suicide attacks result in lower demand for travel to Europe

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Suicide attacks result in lower demand for travel to Europe

British tourism experts are convinced that the plunge of the pound will attract foreign tourists
Berlin - Arab Today

Travel and tourism will contribute less than previously forecast to the economies of France, Turkey and Brazil this year, hit by attacks, political and economic turmoil, though globally the sector is resilient, the World Travel and Tourism Council said.

Brazil hosted the Olympic Games this year but its travel and tourism sector has suffered under a political crisis, its worst recession since the 1930s, and the Zika virus.
The sector’s contribution to Brazil’s gross domestic product (GDP) is expected to shrink by 1.6 percent this year, against a previous forecast for a drop of 0.9 percent, the WTTC said.
Terror attacks in Paris, Brussels and Nice have resulted in lower demand for travel to Europe. In France, the travel and tourism sector’s contribution to GDP will grow 1.1 percent this year, down from a previous forecast of 2.9 percent.
“The Paris incident did have an impact because it’s the first point of entry to Europe for a lot of Asian and North American travelers,” said David Scowsill, president of the WTTC.
The number of foreign tourists fell sharply in France in the second quarter of the year, official data showed on Friday. In France, the sector contributed 80.4 billion euros ($90.9 billion), or 3.7 percent of total GDP, in 2015.
A series of militant bombings in Turkey and a failed coup have also deterred tourists, and the sector’s contribution to GDP there will shrink by 3.2 percent this year, sharply lower than a previously forecast drop of 0.2 percent.
Overall, however, the global travel and tourism sector is expected to grow by 3.1 percent in 2016, faster than predicted global GDP growth of 2.3 percent, driven by increasing numbers of travelers from Asian countries, especially China and India.
“There’s lots of macro-economic weakness around, but the travel and tourism industry is doing very well. It’s the same level of growth as 2015,” Scowsill said.
He said that despite security concerns, people were still traveling but had shifted destinations. Asian travelers were tending to choose Australia for vacations this year instead of Europe, for example.
Brazil’s Olympic Games, which ended on Sunday, should help to boost demand for travel there next year, Scowsill said, although he said Brazil had to deal with its economic problems.
In 2015, the direct contribution of the sector to Brazil’s GDP was 190.5 billion Brazilian reais ($59.5 billion), equivalent to 3.3 percent of total GDP, the WTTC said.
The fall in sterling as a result of Britain’s vote to leave the European Union should boost demand for trips to Britain over the next six to eight months, helping to cancel out any reduction in spending on travel by Brits, Scowsill added.

Source: Arab News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

suicide attacks result in lower demand for travel to europe suicide attacks result in lower demand for travel to europe

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

suicide attacks result in lower demand for travel to europe suicide attacks result in lower demand for travel to europe

 



GMT 05:14 2024 Wednesday ,07 February

Sophisticated Classic Dining Room Design Ideas

GMT 12:01 2012 Tuesday ,31 July

Zidane\'s new coaching career

GMT 12:28 2017 Wednesday ,14 June

Bahrain is entitled to sue Qatar, says newspaper

GMT 11:02 2016 Monday ,12 December

Gold-haired Ronaldo poised for Ballon d'Or glory

GMT 18:00 2017 Thursday ,10 August

Top five Premier League transfers of the 2017-18

GMT 01:19 2017 Thursday ,19 October

BDF Chief receives Yemeni senior officer

GMT 10:58 2018 Monday ,22 January

Speaker hails royal directives

GMT 16:10 2016 Friday ,05 February

Donor nations pledge $10bn in vital aid

GMT 10:14 2018 Wednesday ,10 January

Show rescues photo comics

GMT 02:06 2017 Saturday ,07 October

India Inc looks to Dubai as hub to expand business

GMT 06:16 2017 Sunday ,03 December

Opioid crisis also imposes handicap on US economy

GMT 23:04 2017 Friday ,26 May

Saeeda Fekry returns to her fans

GMT 09:04 2017 Monday ,11 December

6,000 Daesh militants could return to Africa,AU warns
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice