With Asia set to dominate world economic growth, Travel & Tourism will play a key role showing 5-7 percent average increases in the industry’s total contribution to GDP over the next ten years and generating over 47 million new jobs in the region, said World Travel & Tourism Council President and CEO David Scowsill.
"This regional growth will impact Travel & Tourism around the world, with expanding numbers of Asian travelers making their mark in the global marketplace. The challenges in meeting this growth command the attention of all the global players in the industry, as well as the top political leaders worldwide," Scowsill said. Scowsill added that it was appropriate that the WTTC Asia Summit would be held in Seoul on September 10-11, 2013.
"This Summit of industry leaders from the private and public sectors will take place in South Korea where total contribution to the Korean economy from Travel & Tourism grew by 10 percent in 2012 South Korea is a recognized world leader in the application of the creative economy, with many of the country's largest conglomerates being household names across the globe."
The WTTC Asia Summit will provide the opportunity for an exchange between private and public sector, and it will tackle some of the critical pressing issues facing Travel & Tourism in the region today, Scowsill said.