Over 14 million jobs globally are at risk in the tourism industry, if governments and private sector companies do not act now to address the talent shortage in the industry. Research conducted for the World Travel & Tourism Council by Oxford Economics shows that the industry could employ 14 million fewer people and contribute $ 610 billion less in GDP to the world economy over the next ten years, when compared to accepted growth forecasts, if government and private companies fail to implement policies which promote proactive and careful talent management.
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