Global tourism predicted to slow after best year ever
By Associated Press
LONDON — The travel and tourism sector is set for a modest slowdown in 2018 as a result of higher oil prices and airfares, a year after it experienced its best year on record, according to a leading global industry body.
In its annual Economic Impact Report, the World Travel and Tourism Council said Thursday that the sector was responsible for the creation of 7 million new jobs worldwide in 2017, or one in five new jobs.