Where’s the world’s future booming tourism economy?

WTTC Summit 2011: Montenegro is set to be the next big destination

Montenegro will be the fastest growing travel and tourism economy in the world over the next 10 years according to the sector’s contribution to GDP and employment, says to the latest economic impact research from the World Travel & Tourism Council and Oxford Economics. The findings were released during a press conference at the 11th Global Travel & Tourism Summit in Las Vegas. The forecast also ranks Montenegro as the fastest growing destination worldwide for travel and tourism investment growth, and it places Montenegro in second place, behind Brazil, for visitor export growth.
“Our forecasts reflect the huge achievements made by the government and Ministry of Tourism over the past 10 years,” commented David Scowsill, the WTTC’s CEO and president. “Significant progress has been made at putting into place a solid policy framework for sustainable tourism development and expansion into new niche markets.”
Tourism and Aviation


Check Also

Malaysia Airlines, Russia, MH17, accuse, law, court, process, investigation, Netherlands, Dutch, Australia, Ukraine, shot down, missile, brigade

MH17 tragedy: Russia formally accused

The international team investigating the downing of a Malaysia Airlines aircraft over Ukraine accuses Russia of responsibility.

GDS, Capa summit, meeting, Dublin, airlines, Ryanair, technology, disrupt, future

Will new tech disrupt traditional GDSs?

Both sides of the argument could be heard at the recent CAPA Airline CEO Summit in Dublin, with Travelport expressing the views of the GDSs.

Wizz Air, outlook, Ryanair, 2019, low-cost, airline, finance, profit, costs, A321, aircraft, type, Airbus, fleet, oil price, fuel, staff, unit costs

Wizz Air outlook “very positive”, unlike Ryanair

An increasingly high-cost environment is provoking differing views from Europe’s low-cost carriers about the coming year.

drone, terrorism, chance, aircraft, plane, attack, Isis, fighters, Europe, warning, IHS, Janes

Terrorists could use drones to attack planes

Drone incidents can occur anywhere up to 4,000 metres, and an expert warns that a deliberate attack is increasingly likely.

World Animal Protection, travel, Bali, Lombok, Indonesia, wild animals, captive, selfie, cruel, attractions, tourism, orangutans, elephants, tigers, dolphins, civet

Animal protection body exposes “Bali horror”

World Animal Protection says that wildlife tourist attractions in Bali and Lombok are “living hell for animals”.

Vietnam, tourism, overtourism, hotels, supply, oversupply, development, sustainable, Halong Bay, Danang, Phu Quoc

Hotel investors warn Vietnam about “crazy” growth

With a 43% rise in room keys, there are fears for the future in places like Halong Bay, Danang and Phu Quoc.