Travel & Tourism shown to be Asia’s largest Employer

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Travel & Tourism shown to be Asia’s largest employer

The Travel & Tourism industry employs more people than any other sector in Asia.

New research from the World Travel & Tourism Council (WTTC) shows that Travel & Tourism directly employs 65 million people across Asia which is more than those employed in financial services, communication services, banking, mining, higher education, chemicals manufacturing and automotive manufacturing.

David Scowsill, the President and CEO, WTTC, says the figures underline the need for Governments to prioritise the industry; “The research clearly indicates the vast economic and social relevance of the Travel & Tourism industry in Asia as well as its potential over the next decade. Travel & Tourism is responsible for 1 in 12 jobs in Asia and employs more people than any other sector”.

Mr Scowsill is urging Governments to adopt the following measures; “The way forward for growth and prosperity is to implement smarter visa and border security policies, avoid or abolish tourist taxes and attract and develop a skilled workforce to support the growing demand. The sector has an exciting future – Governments need to make sure they make the most of the opportunity”.

The new study shows the number of people directly employed in the following major industries:

1. Travel & Tourism – 65.2m jobs
2. Financial Services – 65m jobs
3. Education – 64.7m jobs
4. Communication services – 34m jobs
5. Banking – 32.5m jobs
6. Mining – 16m jobs
7. Chemicals Manufacturing – 13m jobs
8. Automotive Manufacturing – 12.6m jobs
9. Higher education – 8m jobs

Source : World Travel & Tourism