Tourism to contribute P5.2bn in 2013

Researchers expect travel and tourism activities to directly contribute P5.16 billion to the local economy this year, rising 6.6 percent from their input last year.

The researchers from the World Travel and Tourism Council (WTTC) say the forecast for 2013 is underpinned by expected activity in a number of travel and tourism sub-sectors. "This primarily reflects the economic activity generated by industries such as hotels, travel agents, airlines and other passenger transportation services, excluding commuter services," researchers at the London-headquartered organisation said in a recent report on Botswana.

"However it also includes, for example, the activities of the restaurant and leisure industries directly supported by tourists," they said. The WTTC's own projections show that Botswana's travel and tourism activities exceeded expectation in 2012, from a forecast P3.5 billion contribution to GDP to P4.8 billion. The WTTC is the foremost research and statistics authority on tourism, conducting annual economic assessments on 184 countries. Its annual Economic Impact Reports analyse current and historic performance of travel and tourism sectors in the selected countries, while providing projections for various indicators over a 10-year horizon.

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