A Look at Global Travel Trends

During a prolonged and grinding recession, the travel industry was one of the few sectors to bounce back early and help buoy the global economy. Last year, the industry accounted for 9.5 percent of the global economy (nearly $7 trillion) and employed 266 million people — about 9 percent of the global work force. Below are excerpts from a conversation with David Scowsill of Britain, president and chief executive of the World Travel and...

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