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Global Travel Industry Set for Decade of Sustained Growth

Major industry study forecasts travel to grow by 5.4% per annum over the next 10 years, outpacing global GDP.

The report, written by Oxford Economics and commissioned by Amadeus, also predicts that large emerging markets will be driving this growth, with China set to surpass the U.S to become the world’s largest outbound travel market this year and the biggest domestic market by 2017.

via Global travel industry set for decade of sustained growth. ~ Thursday, 3rd April 2014 from 4Hoteliers.

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