Hotel industry is important in the world?

Answer 1

The report on travel and tourism, produced with the World Travel & Tourism Council, the International Federation of Tour Operators, the International Hotel and Restaurant Association and International Council of Cruise Lines, shows the sector now accounts for US$ 3.3 trillion of global Gross Domestic Product, almost 11 percent of total GDP; 207 million jobs worldwide, over eight percent of all jobs; and US$630 billion in capital investment, almost nine percent of all capital investment.

I think you should read the World Summit report on travel and tourism to understand just how important the hotel industry is.

Answer 2

yes it is infact tourism and hotel industry r boon for each countries economy... hotel industry has great business and is on way of progress.... there are milloins of job opportunities in this industry...