The wait gets over with the tabling of ITB Berlin 2012 World Tourism report. In fact, it clearly points to the greater role of tourism industry in fostering the economies throughout the globe.
As we ponder on the report, it clearly highlights the massive growth of tourism industry. In fact, it considers the tourism industry one of the strongest elements in the process of growth.
Taking into consideration, we find that for nearly half a century, the process of growth has become perpetual and it shows the relentless growth potential. In fact, tourists opting for tours to India have also increased manifold. Going by the data put forward by the International Monetary Fund (IMF), we find that the world GDP has grown substantially by 5.2% in the year 2011. The increase is massive as it has been substantial compared to the growth in the population of 1.1%.
However, the world got derailed a bit just a few years back but it is on track. Even with high inflation rate in countries such as India, Argentina, Turkey, and Russia, the growth rate is fast becoming irreversible. As we note the triumph of the global tourism, it is indeed making strides even amidst the current gloom. As we know that the International Monetary Fund (IMF) estimates that world GDP increased by 5.2% in 2011, there is no looking back in terms of world economy. The data is in light with the growth of 1.1% increase in the world population.
What’s more, India tours are also making giant leaps in terms of popularity. Taking into consideration the World Tourism Organization (UNWTO), in particular its January edition of the World Tourism Barometer, we witness an estimate of 4.4% growth in terms of international tourism. Good news is that even amidst the economic gloom, there is no looking back.