Travel and tourism expected to rise five percent. Sector represents eight percent of GDP

The direct contribution of the travel and tourism sector to GDP in 2015 was eight percent, totaling $3.6 billion, according to the World Travel and Tourism Council (WTTC).

The contribution reflects internal spending by residents and non-residents, for business and leisure purposes, as well as the Government's 'individual' spending such as cultural or recreational spending.

Forecast to rise by five percent this year, the travel and tourism sector is expected to increase se...

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