World tourism shrank after Sept 11

The international tourism industry shrank 2.6% last year because the September 11 attacks 'severely aggravated' the effects of the global economic slow down, the World Tourism Organisation said today.

The international tourism industry shrank 2.6% last year because the September 11 attacks 'severely aggravated' the effects of the global economic slow down, the World Tourism Organisation said today.

The US was among the hardest-hit countries, with the number of visitors from abroad plummeting 10.6%.

Although the global downturn was significantly worse than forecast in the aftermath of the attacks - the organisation insisted the sector was 'resilient and stable' and would return to growth by the end of this year.

Hundreds of millions of people still travelled abroad last year, but made shorter journeys closer to home and stayed in cheaper accommodation, the organisation said in Madrid.

The decrease in the total number of international tourism trips dropped only 0.6% - from 697 million in 2000 to 692 million last year.

‘‘International tourism experienced a serious crisis but showed again how resilient it can be,’’ said the organisation’s secretary-general, Francesco Frangialli.

France remained the world’s top tourist destination, drawing 76.5 million visitors or 1.2% more than 2001, followed by Spain at 49.5 million, or 3.4% more than the previous year.

more courts articles

Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court
Defendant in Cobh murder case further remanded in custody Defendant in Cobh murder case further remanded in custody

More in this section

The European Central Bank skyscraper in the city of  Frankfurt Main, Germany ECB firmly behind June rate cut but views diverge on July
Tesla cancels its long-promised inexpensive car Tesla cancels its long-promised inexpensive car
Net zero Profits plummet at battery-maker LG Energy amid EV slowdown
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited