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News from the Hotel Industry:
Vancouver Wins 2010 Winter Olympics
A winning bid, combined with an expanded convention centre in Vancouver,
could generate up to $10 billion in direct economic activity, and create
about 228,000 direct and indirect job years across the province.
- British Columbia & Yukon Hotels' Association
High-Growth Projected for the Global Hotel Industry
Estimated 112,000,000 employees in the worldwide hospitality industry.
"With globalization, this number will only grow."
-
International Labour Organization
Canada: The Center of Hospitality
1,663,300 presently work in the hotel industry. Another 22,700 employees
will be needed by 2005. 65,000 management positions in the tourism industry
will be needed over next 10 years. "The hotel industry is growing in
Canada!"
- Pacific
Rim Institute of Tourism
Record Number Reported in US Hotel Sales
1997: 85.6 billion in sales; 18.93 billion in wages. This is a 40% increase
from 1996, and double 1995!
U.S.A. captured 16% of all international travel.
52.7 million Americans traveled internationally in 1997.
"The hotel industry is growing in the U.S.A.!"
-
American Hotel and Lodging Association Education Institute
BC
Prepares for 21st Century Hotel Boom
113,000 people in B.C. are employed in the tourism industry. Half of these
jobs are in hotels.
If we win the Olympics 2010 bid...watch out!
The hotel industry is growing in B.C.!
Tourism Hikes to New Peaks
In B.C., one in every 13 people work in the industry, accounting 7.4% of
the provincial workforce. Tourism British Columbia predicts that, by 2005,
an additional 50,000 employees will be needed. Demand for skilled employees
currently greatly exceeds supply - and that's likely to continue.
- Learning
Curve Fall 2003
JUST HOW BIG
IS THIS INDUSTRY?
Currently the worlds largest industry with sales in excess of
$5,000,000,000,000 or 15% of the worlds domestic products
The World Tourism Organization (WTO) estimates that by 2020, international
tourism will be at 1,600,000,000 tourists, spending $5,000,000,000 per day
WTO predicts that China will become the top global tourism destination
Foreign visitors to the U.S spent $95.12 billion. Tourism generates
$44,000,000,000 a year in Canada. Projections show this will double by 2005
Almost 10% of Canadas workforce work in the industry
1.4 million tourism jobs today, 1.7 million by 2005
There are more than 159,000 tourism businesses in Canada
-
Canadian Tourism Human Resource Council