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Travel & Tourism Industry to Contribute $4.3Bn to Lebanese Economy

The World Travel & Tourism Council (WTTC) estimated that the travel & tourism (T&T) industry would contribute directly $4.3 billion to the Lebanese economy in 2012, equivalent to around 10% of GDP.

 

Direct industry employment would reach 129,500, representing 9.5% of total employment in Lebanon in 2012, as it states.

 

The WTTC, however, expected Lebanon to rank in 69th place globally in terms of the forecast growth of each of the sector's total and direct contribution to GDP in 2012, in 67th place in terms of the forecast growth rate of the sector's total contribution to employment.

 

It forecast the sector's direct contribution to the economy to grow by 4.5% in real terms in 2012 .

 

Beirut

Migration to cities is increasing so much that, by 2050, the UN predicts that approximately two thirds of the world’s population will be living in cities.

ECO INITIATIVES

  • A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
  • The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on  Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
  • A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.

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