Interrelationship of the travel
industry with tourism: an
introduction
, WHAT IS TRAVEL
MANAGEMENT?
• “ it is the efficient and effective
running of the different modes of
transportation that is offered to those
needing to reach a certain
destination”.
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, Travel and Tourism ---
World’s Largest Industry
In 2001 it is estimated to account
for some:
•$3.5 trillion of Economic Activity
•207 million jobs
In 2011 it is estimated to account
for :
•$7.0 trillion of Economic Activity
•260 million jobs
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