Document Type

Article

Source Title

DLSU Business Notes and Briefings

Volume

4

Issue

2

Publication Date

2-2016

Place of Publication

Manila

Publication Status

1

Abstract

The travel and tourism (T&T) industry has become a major contributor to growth and development in most economies across the globe (World Travel & Tourism Council [WTTC], 2014). The industry has significantly increased its gross value added (GVA) to the well-being of stakeholders through its direct economic impacts; and indirect and induced impacts to its forward and backward linkages. As such, according to Roe (2001), the T&T evolved into the world’s largest industries, generating approximately 11 percent of the global Gross Domestic Product (GDP), providing 200 million job opportunities, and transporting nearly 700 million international travellers annually.

Keywords

business, recreation, tourism, travel, environmental science, environmental health, environmental protection, environmental indicators, environmental impact assessment, environmental monitoring, sustainability, environmental studies

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