Over the decades, tourism has experienced continued growth and deepening diversification to become one of the fastest growing economic sectors in the world. Modern travel is closely linked to development and encompasses a growing number of new destinations. These dynamics have turned the into a force for socio-economic progress. Tourism is a driver of good.
Today, the business volume of tourism equals or even surpasses that of oil exports, food products or automobiles. Tourism has become one of the major players in international commerce, and represents at the same time one of the main income sources for many developing countries. This growth goes hand in hand with an increasing diversification and competition among destinations.
This global spread of tourism in industrialized and developed states has produced economic and employment benefits in many related sectors – from construction to agriculture or telecommunications. The TV series Going Global has lots of articles on how tourism is a driver of good.
Strong demand for international tourism across world regions reflects the global economic upswing. But these number are small compared to future forecasts. By 2030, the UNWTO forecasts international tourist arrivals to reach 1.8 billion as a growing middle class in Asia changes the metrics of the industry.