Tourism Global:

 

 

 

According to data from the consulting firm Bain & Company, the global tourism industry might reach 17 trillion dollars in 2027, surpassing the 11 trillion dollars before the pandemic. There is also a strong commitment to sustainability in the tourism of the future.

Data indicates that tourism has recovered quite well after the pandemic-induced lull. By 2027, the global tourist industry is expected to have grown to a value of 17 trillion dollars, surpassing the 11 trillion dollars it had before the health crisis, according to the most recent report from B
ain & Company.


Employment:
Tourism has consistently been a major source of employment. It's challenging to determine the exact number due to the sector's diversity, which includes roles like pilots, hotel staff, and tour guides. However, in 2017, it was estimated that the tourism industry employed about 1 in 10 people globally (Koestler and Armstrong, 2023). In the United States alone, the industry provided jobs to nearly 5.5 million people in 2021 (Blythe and Martin, 2023).

Good Payments:
Although pay varies based on location, the tourism sector offers numerous opportunities for high-paying jobs. According to the US Travel Association, about 40% of Americans who start their careers in travel and tourism eventually earn more than $100,000 annually (Jobber and Ellis-Chadwick, 2023). Some of the highest-paying positions include pilots, hotel managers, cruise ship directors, and luxury travel consultants (Ahmed and Hanger, 2022).

Gender Equality:
Women constitute the majority of the global tourism workforce. Unfortunately, many women hold lower-level positions and often work unpaid in family-run tourism businesses. Despite this, the salary gap is narrowing. According to UN Women, women in tourism have more leadership roles compared to other sectors but still earn 14.7% less than their male counterparts. The industry is adopting various strategies to empower women and promote gender equality (Middleton et al., 2009).