74 F
Belize City
Friday, December 3, 2021
Home General Travel and tourism netted BZ$1.2 billion or 36.6% of GDP in 2013:...

Travel and tourism netted BZ$1.2 billion or 36.6% of GDP in 2013: WTTC

Tourism accounts for 33% of jobs in Belize

The World Travel & Tourism Council (WTTC) has released a report indicating that for the year 2013, travel and tourism netted Belize BZ$1.2 billion, or 36.6% of GDP, in 2013. WTTC forecasts that travel and tourism in Belize should grow by 4.5% during 2014.

Statistics recently released by the Belize Tourism Board (BTB) indicated that tourism arrivals grew in 2013 by 5.7% for the cruise tourism sector and by 6.1% for the overnight tourism sector.

WTTC’s report said that, “The total contribution of Travel & Tourism to employment, including jobs indirectly supported by the sector was 46,823 jobs (33.0% of total employment).”

As for tourism investment, the report said that the figure was up by almost 25% – at BZ$186 million, and that figure was projected to rise by 7.5% in 2014.

WTTC does an annual economic assessment yearly for 184 countries, with special emphasis on the travel and tourism sector.

Globally, travel and tourism contributed US$7.0 trillion to the world economy – with a forecasted increase of 4.3% in 2014.

According to the WTTC, 1 in 11 of all jobs on the planet are provided by the sector.

- Advertisment -

Most Popular

Fisherman abducted at sea

DANGRIGA, Stann Creek District, Fri. Nov. 26, 2021 -- Police are asking the public’s assistance in finding 43-year-old Dangriga resident Wilmer Herrera Limas, who...

Alleged retaliation killing in Dangriga

DANGRIGA, Stann Creek District, Fri. Nov. 26, 2021 -- On Friday night, November 26, 48-year-old Eden Ramos was killed on Zericote Street. According to...

E&B Commission delegation reports on Venezuelan regional elections

BELIZE CITY, Mon. Nov. 29, 2021 -- On Friday, the Elections and Boundaries Commission issued a press release reporting on the participation of some...

Cabinet Brief — November 23rd

BELMOPAN, Mon. Nov. 29, 2021 -- According to a Cabinet brief released on Tuesday, November 23, at the most recent meeting of Cabinet, the...