Emerging markets will account for upwards of 80% total global GDP growth in 2012, driven in part by trade within and between these markets.
The workshop aims to build on the momentum generated at LDC IV on tourism development as a means to reduce poverty, to progress on the dialogue, project formulation and resource mobilization for LDCs...
The 2011 World Export Development Forum focused on ways to develop sustainable tourism with the announcement of four projects to connect small- and medium- sized enterprises in least developed countries to the tourism industry. Held...
For enterprises operating in the tourism and hospitality industries, gaining an understanding of the expectations and practices of consumers wanting to use the Internet as a medium to seek information and arrange online travel bookings...
Bhutan’s long-term strategy of controlled tourism with a focus on sustainability and quality has secured the country’s reputation as an exclusive and distinctive destination while ensuring the long-term sustainability of the industry...
In its blueprint for new tourism, the World Travel & Tourism Council promotes the importance of partnerships for sustainable tourism development. With global travel and tourism forecast to grow at a rate of 4% per year over the next...
The growth of cruise holidays is placing increased demand on operators to manage the environmental and social impact on remote island communities. The boom in popularity of cruise holidays to the Pacific Islands has seen a vast increase...
In Mongolia the Dutch Centre for the Promotion of Imports from developing countries, is assisting local businesses in taking advantage of the country’s unique environmental and heritage assets to build profitable and sustainable tourism...
Least developed countries (LDCs) continue to play only a minor role in global tourism, receiving a mere 1% of the world’s travel exports. LDCs’ tourism earnings have risen from US$ 3 billion in 2000 to over US$ 10 billion in 2010, increasing...
The travel and tourism industry is the world’s largest and fastest growing industry, with an average growth rate of 7% in the past decade. If forecasts prove correct, tourism’s contribution to the global economy will rise to US$ 2...
Cooperative partnerships and long-term approaches improve connectivity within supply chains. Connectivity within supply chains is not easy to achieve, especially as competitiveness in developing and least developed countries may be...
A small miracle was recorded on Cambodia’s northern plains in 2009. Deep in the forest, not too far from the ancient temples of Angkor Wat, the number of giant ibis, a critically endangered species, had jumped. Nick Butler, coordinator...
The World Travel & Tourism Council predicts that the travel and tourism industry will be one of the world’s fastest growing sectors between 2011 and 2021, creating about 66 million jobs and accounting for 9.6% of GDP (up from 9.1%)....
With growing global interest in cultural and ecotourism, indigenous communities in developing countries are presented with opportunities to position their unique product within a global industry. Through strategic partnerships, capacity...
As a US$ 3 billion a day global business, the tourism sector is one of the world’s fastest growing industries and an important driver for economic growth in least developed countries. Since the 1950s, tourism has experienced continued...
The rapidly evolving green growth paradigm shift that all nations are embracing at a policy level, with the buy-in of industry and civil society, provides an unparalleled opportunity to leverage the massive socio-economic power of travelism...
Tourism is an economic engine that has huge potential to drive sustainable growth in developing countries, especially least developed countries. Although its origins exist in the often unplanned practice of exploration and discovery,...
Strategic positioning is the first thing developing countries should do when considering tourism as an economic tool. It requires the development of a carefully constructed, unique proposition that frames the attractions offered to tourists...
Following a difficult period that recast much of the travel & tourism (T&T) industry’s landscape, the sector is slowly recovering from the economic downturn, with emerging market economies leading the way and advanced economies,...
Shortage of capital is a major obstacle for tourism development, and many countries – especially in the developing world – increasingly look to foreign investors to provide capital that will help develop their tourism industries. Attracting...
The 2011 World Export Development Forum explored how least developed countries can make tourism work towards poverty reduction. At the 2011 World Export Development Forum (WEDF), high-level leaders from Burundi, Cambodia and Turkey...
The UNWTO.TedQual Mentoring Programme for Africa is improving the competitiveness of the tourism sector through higher education programmes across six pilot countries: Angola, Algeria, Cape Verde, Mozambique, Tunisia and Uganda. The...
ITC Deputy Executive Director addresses annual advisory group meeting Addressing the annual Joint Advisory (JAG) meeting, Jean-Marie Paugam, Deputy Executive Director of the International Trade Centre (ITC) emphasized four innovative contributions...
The International Trade Centre (ITC) is bringing together tourism experts from the private and public sectors to work on tangible projects for some of the world’s least developed countries at the World Export Development Forum (WEDF). The one and...
Mr. Ed Fuller, president and managing director of international lodging for Marriott International, has been confirmed to provide the keynote address at the World Export Development Forum in Istanbul on 10 May...
Three potential tourism-related projects which were discussed at a preparatory workshop in Nairobi are being taken to ITC’s World Export Development Forum (WEDF) in Istanbul for further development. Public and private sector experts worked alongside ITC representatives in early April to develop the first outline of the potential pilot projects...
Mexico is one of the world’s top tourist destinations with more than 22 million visitors every year. Almost one in eight jobs is tourism-related and foreign revenue from the sector ranks third after revenues from oil and remittances. Although the...
Tourism and trade can be powerful drivers of economic growth in Africa and they have much in common when it comes to the policy environment needed to get the best out of them.