(MENAFN- InvestorIdea)
August 18 2015 (Investorideas.com stocks newswire) The World Travel & Tourism Council (WTTC) extends its condolences to the victims of the bomb attack that took place in the centre of Bangkok on 17 August 2015.
David Scowsill President & CEO WTTC said: "I am extremely saddened by the news of the bomb attack in the centre of Bangkok yesterday. Our hearts go out to the family and friends of all the victims of this incident."
"It is highly regrettable that Thailand one of the most popular tourist destinations in the world has been the target of this violence. Fortunately Thailand has shown its resilience in the past from natural disasters and other disruptions and we hope that the situation will stabilise and return to normal very quickly".
According to WTTC reports Travel & Tourism generated over THB2345 billion ($US 72.2 billion) or 19.3% of the country's GDP in 2014. The sector supported over 5 million jobs representing 14% of total employment.
Thailand's annual visitor exports which is money spent by foreign travellers in the country have more than doubled in the last decade increasing from THB629 billion (US$19.4 billion) in 2005 to THB1309 billion (US$40.3 billion) in 2014.
http://www.wttc.org/press-room/press-releases/2015/wttc-comment-on-deadly-bomb-attack-in-bangkok/
About WTTC
The World Travel & Tourism Council is the global authority on the economic and social contribution of Travel & Tourism. It promotes sustainable growth for the sector working with governments and international institutions to create jobs to drive exports and to generate prosperity. WTTC's annual Global Summit brings together over 1000 delegates to discuss the opportunities challenges and issues facing the industry while its Tourism for Tomorrow Awards recognise the industry's power to be a positive force in sustainability.
The sector is a key driver for investment and economic growth globally. By the end of 2015 Travel & Tourism will contribute US$7.8 trillion or 10% of global GDP once all direct indirect and induced impacts are taken into account. The sector will account for 284 million jobs 9.5% of total employment or one in eleven of all jobs on the planet.
For 25 years WTTC has been the voice of this industry globally. Members are the Chairs Presidents and Chief Executives of the world's leading private sector Travel & Tourism businesses. These Members bring specialist knowledge to guide government policy and decision-making raising awareness of the importance of the industry as an economic generator of prosperity.
For more information:
Annebeth WijtenburgPUBLIC RELATIONS MANAGEREmail: annebeth.wijtenburg@wttc.orgTel: +44 (0) 20 7481 6483
The Harlequin Building 65 Southwark StreetLondon SE1 0HR United Kingdom.Tel: +44 (0) 207 481 8007Fax: +44 (0) 207 488 1008Follow us on: www.wttc.org
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