The travel and tourism industry has a huge impact on the world economy. The latest research from the World Travel & Tourism Council shows that the industry’s contribution to world GDP grew for the fifth consecutive year in 2014, rising to a total of 9.8 percent of world GDP and the industry employs nearly 277 million people—that’s one out of every 11 jobs on the planet. Governments around the world are beginning to understand the MICE sector’s contribution to
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