The United Arab Emirates (UAE) is predicted to lead the tourism and hospitality industry with regard to job opportunities between 2010 and 2020, said a report published by the World Travel & Tourism Council (WTTC). According to details, UAE will generate 5.7 per cent annualised growth rate in travel and tourism economy employment, the fastest in the world.
The contribution of the travel and tourism economy to employment is expected to surge from 429,000 jobs in 2010 (13.8 per cent of total employment or one in every 7.2 jobs) to 745,000 jobs (18 per cent of total employment or one in every 5.5 jobs) by 2020, WTTC data shows. Cape Verde, Fiji and Solomon Islands rank second (all 5.4 per cent), Botswana third (5 per cent), Nicaragua and Mali fourth (4.9 per cent each), and Comoros fifth (4.8 per cent). According to WTTC, the contribution of travel and tourism to UAE’s GDP is expected to grow from 16.6 per cent in 2010 to 21.7 per cent by 2020.