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Performance of the Global Lodging Industry - 2007

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Abstract
According to the World Travel and Tourism Council (WTTC) estimates, travel and tourism should account for approximately 10.4% of Global Gross Domestic Product and create nearly 231 million jobs worldwide during 2007. This paper presents an analysis of the performance of the Global Lodging Industry during the year 2007. As such important lodging industry trends worldwide, including those in North America, Mainland Europe, United Kingdom, the Middle East, Africa and the Asia Pacific regions, are better understood.
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