The World Tourism Organization (UNWTO) forecasts that international tourism will continue growing at the average annual rate of 4%. With the advent of e-commerce, tourism products have become one of the most traded items on the internet. Tourism products and services have been made available through intermediaries, although tourism providers (hotels, airlines, etc.) can sell their services directly. This has put pressure on intermediaries from both on-line and traditional shops.
It has been suggested there is a strong correlation between tourism expenditure per capita and the degree to which countries play in the global context. Not only as a result of the important economic contribution of the tourism industry, but also as an indicator of the degree of confidence with which global citizens leverage the resources of the globe for the benefit of their local economies. This is why any projections of growth in tourism may serve as an indication of the relative influence that each country will exercise in the future.
Space tourism is expected to "take off" in the first quarter of the 21st century, although compared with traditional destinations the number of tourists in orbit will remain low until technologies such as a space elevator make space travel cheap.
Technological improvement is likely to make possible air-ship hotels, based either on solar-powered airplanes or large dirigibles. Underwater hotels, such as Hydropolis, expected to open in Dubai in 2009, will be built. On the ocean, tourists will be welcomed by ever larger cruise ships and perhaps floating cities.
Read more about this topic: Tourism
Other articles related to "growth":
... Smart growth is an urban planning and transportation theory that concentrates growth in compact walkable urban centers to avoid sprawl ... The term 'smart growth' is particularly used in North America ... Smart growth values long-range, regional considerations of sustainability over a short-term focus ...
... of Chhattisgarh has grown rapidly in recent years with a growth rate of 11.49 per cent in GDP for 2009–2010 ... Chhattisgarh’s success factors in achieving high growth rate are growth in agriculture and industrial production ...
... Main articles Mould health issues, Mould growth, assessment, and remediation These biological chemicals can arise from a host of means, but there are two common classes (a) moisture induced growth of mold ... to dry out several days after the suspected water event, mould growth is suspected within wall cavities even if it is not immediately visible ... The primary hazard of mould growth, as it relates to indoor air quality, comes from the allergenic properties of the spore cell wall ...
2,189 1900 – 1,471 1950 – 3,855 2000 – 10,849 2010 – 11,841 Population growth in North Castle reflects the pattern of rural to suburban development typical of the post-World War ... the nation, the town experienced a surge of population growth between 1940 and 1970 ... The overall rate of growth was moderate between 1970 and 1990 because of national economic conditions, including the rising cost of land, construction and ...
... The concept of "Smart Growth" has emerged in the last 10–20 years driven by "new guard" urban planners, innovative architects, visionary developers, community activists, and historic preservationists ... Smart Growth is a term which has become codified in Federal and State regulations ... concept with different emphasis, including Smart Growth New Urbanism New Community Design Sustainable Development Traditional Neighborhood Development Resource Stewardship Land Preservation ...
Famous quotes containing the word growth:
“A revolution is not the overturning of a cart, a reshuffling in the cards of state. It is a process, a swelling, a new growth in the race. If it is real, not simply a trauma, it is another ring in the tree of history, layer upon layer of invisible tissue composing the evidence of a circle.”
—Kate Millett (b. 1934)
“A person of mature years and ripe development, who is expecting nothing from literature but the corroboration and renewal of past ideas, may find satisfaction in a lucidity so complete as to occasion no imaginative excitement, but young and ambitious students are not content with it. They seek the excitement because they are capable of the growth that it accompanies.”
—Charles Horton Cooley (18641929)
“Corporate America will likely be motivated to support child care when it can be shown to have positive effects on that which management is concerned aboutrecruitment, retention and productivity. Indeed, employers relate to child care as a way to provide growth fostering environments for young managers.”
—Dana E. Friedman (20th century)