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ID number:947844
Author:
Evaluation:
Published: 04.02.2013.
Language: English
Level: College/University
Literature: n/a
References: Not used
Extract

Vatican city
City-state whose territory consists of a walled enclave within the city of Rome;
Vatican city-state whose territory consists of a walled enclave within the city of Rome;
It has an area of approximately 44 hectares and a population of just over 800;

Conclusions
Travel & tourism continues to be one of the world’s largest industries;
Italy is popular tourist destination in Europe;
Tourism is one of the most important industries in Italy and it can affect the economy for better or for worse;
Tourism is one of Italy's fastest growing industrial sectors, with an revenue of $42.7 billion;
Italy is the fifth most visited country in the world, behind France, Spain, United States and China;
In 2011, Italy generated 30.5bn EUR in visitor exports;
The country is expected to attract 43,591,000 international tourist arrivals in 2012;
Foreign visitor`s spending was 32.5% from tourism & travel contribution to GDP in 2011;
Domestic visitor`s spending was 67.5% from tourims & travel contribution to GDP in 2011;
Travel & tourism total contribution to GDP growth is -2.2% in 2012;
Travel & tourism total contribution to employment is -2.5 % in 2012.

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