Published on : Thursday, April 6, 2017
Hon. Edmund Bartlett, Jamaica Minister of Tourism, shared the tourism perspective of Jamaica at a presentation yesterday. At the Sectoral Debate Presentation on April 4, 2017, Minister Bartlett delivered a speech that dealt the state of the Jamaica tourism industry. The theme of the event was “Sustainable Tourism – A Catalyst for Job Creation and Inclusive Growth.”
Mr. Bartlett said that tourism is increasingly recognized throughout the world as a critical driver of strong economic growth and job creation and it is a sector which has a broad and positive effect on the lives of billions globally.
In 2016, travel & tourism generated 1 in 11 of the world’s jobs in 2016, translating to a total of 292 million jobs, as the sector grew by 3.3% according to the WTTC. The report notes that Travel and Tourism generated US$7.6 trillion worldwide, which represents 10.2 percent of global GDP when the direct, indirect and induced impacts are taken into account. Global visitor exports, which is money spent by foreign visitors, accounted for 6.6% of total world exports. Mr. Bartlett said that Jamaica is the most tourism-dependent region in the world, recording on average 4.2% growth last year alone.
Tourism is the single largest earner of foreign exchange in 16 of the 28 countries in the Caribbean and also the sector receiving the most FDI. Tourism will be the biggest driver for economic growth and prosperity in Jamaica for years to come.