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Studies & Reports 32 of 73
"Tourism is now one of the largest industry sectors in the global economy, with a growth rate that tends to surpass that of other industries. Based upon estimates of the World Tourism Organization, tourism is one of the world’s largest industries, with annual revenues in 2000 of US$476 billion, up 4.5% from 1999. On a worldwide basis, long-term tourism growth has significantly outstripped economic growth generally. Given the emerging slowdown in the global economy as well as the repercussions of the events of September 11, 2001, current global projections are for this growth to slow down to 1.5 percent in 2002 and return to historic average annual growth rates of approximately 4 per cent in 2003."
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Creator(s)
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Canadian Tourism Commission
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Source Location
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Canada
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Date Published
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2003-03-19
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Language
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Bilingual
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URL
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http://ftp.canadatourism ...
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Copyright Holder
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Canadian Tourism Commission
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Research Themes 
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