Economic Impact of Travel and Tourism

Travel and tourism had generated an estimated 19.4 million jobs in 1996 in the EU, across a broad spectrum of economic activities. The world is full of cheap travel destinations. Even if you are fighting the decline of the American Dollar, you can still see exotic locales, stay in extravagant hotels and eat all the area s finest foods, but you have to choose your destination carefully. But there is a growing crop of places that can still easily fit into your budget, and some of the top travel destinations in the world are increasingly budget friendly.