Trends and Forecasts of International Tourism
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After a period of sustained worldwide growth (even throughout the economic crisis), international tourism has entered an unsettled period. Since 1986, the growth rate has been around 3 per cent annually despite the negative impacts caused by the economic crisis in industrialised countries and more especially by the effects of the Gulf War. After the war, the buoyancy of international tourism was fragile and the economic mechanisms (particularly monetary) took a while to register an impact. Furthermore, there were only sparse indications of recovery and resumed economic growth in the United States, Europe and Japan which are, of course, the main generating countries.
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- 1.WTO definition: ‘Residents of countries of a given region travelling to countries of the given region are intra-regional tourists. Residents of countries of a given region travelling outside the given region are inter-regional tourists.’Tourism to the Year 2000 and Beyond: Regional Forecasting Studies. Madrid, 1994.Google Scholar
- 2.National Bank of Greece and the EOT, the national tourist office.Google Scholar