MANAGING in the

NEW WORLD

In spite of terror threats, the tourism industry continued its bullish run. Tourism consulting provided by the UNWTO claims that total international tourists climbed up to 1.18 billion recording a 4.4% rise. France remained the top destination followed by the likes of the USA, China and Spain. Chinese tourists remained the top international travelers thus benefiting regional powers such as Thailand and Japan. The weakening of the Euro in turn benefitted Americans’ travel plans to Europe further aided by decrease in oil prices which led to reduction in travel costs. Terror attacks that hit France, Tunisia, Lebanon, Egypt, Mali and others did put temporary blocks to tourism but it rebounded on some occasions. Russia and Brazil were two countries that witnessed decline reflecting the economic downturn in those nations.

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