TOURISM: MORE IMPORTANT THAN YOU THINK

For Europe and the World

2000

2005

2010

2000

20052010

2016

2016

116 bn

209bn

321bn

72 bn

116bn121bn

USD 397bn

USD 145bn

Tourist spendingin low- and

middle-income countries

Tourist spendingin low- and middle-income countries

in USD

Development aidin USD

Worldwide state

development aid

Sources: UNWTO, OECD

Tourist spending is many times higher than development aid

Tourism is supporting the development of education systems, jobs, prosperity and infra-structures in emerging and developing markets around the globe. These days, tourists bring around 400 billion US dollars into low- and middle-income countries and that figure will continue to rise. In comparison, the development aid budgets of all donor countries together is just 145 billion US dollars. Although that budget has doubled since 2000, the amount of funds provided by tourists has increased almost 3.5-fold in the same period. This makes tourism an extremely effective instrument for combatting the reasons for global migration.

TOURISM: THREE FACTS ABOUT ITS RELEVANCE FOR EUROPE AND THE WORLD

TUI, the world’s leading tourism group, supports the positive social effects of tourism on its home continent of Europe and with a global growth programme. TUI is committed to sustainable tourism and it aims to organise 10 million holidays a year to sustainably-certified hotels by 2020. Furthermore, TUI aims to raise €10 million per year by 2020 to maximise the positive impacts of tourism, particularly investing in projects in destinations through the TUI Care Foundation.

FOR MORE INFORMATION

TUI policyLOUNGE www.tui-policylounge.com

Sustainability at TUI www.tui-sustainability.com

TUI Care Foundation www.tuicarefoundation.com

Futouris www.futouris.org/en

World Tourism Organization (UNWTO) www.unwto.org

World Travel & Tourism Council (WTTC) www.wttc.org

Tourism employment in southern EU member statesShare of total employment, direct, indirect and induced e�ects, 2016

Tourism investmentsShare of total investments, 2016

Greece

Cyprus

Portugal

Spain

EU average EU average

23.4%

22.0%

19.6%

14.5%

11.6%

15.7%

11.9%

9.8%

6.9%

4.9%Source: WTTC Source: WTTC

Tourism provides stability in southern Europe

Southern Europe was particularly hard hit by the economic crisis. During the recession that followed, the tourism sector didn’t just safeguard jobs, it also created many new ones. It is currently driving growth more than any other sector – which is reflected in new invest- ments worth billions. Stability in southern Europe boosts the EU’s overall strength in challenging times.

Tourism creates a great number of jobs in Europe

The tourism industry plays an extremely important role in Europe. It contributes almost 550 billion euros to the EU’s gross domestic product and provides 11.4 million people with employment. If you also count the indirect and induced jobs, tourism actually provides 26.6 million jobs. According to fore- casts that figure will continue to rise, and tourism could create 4.2 million new jobs by 2027 if the political framework is right. It is a solid and crisis-resistant sector with major corporations such as TUI as well as many SMEs and family-run businesses.

1.

2.

3.

Employment through tourismJobs in the EU

Major job potentialShare of total EU employment accounted for by tourism in percent

11.4 m

direct15.2 m

indirect and induced

Source: WTTC Source: WTTC

2016 Forecast 2027

26.6 m11.6% 13.2%

+ 4.2 m new jobs

TUI GROUP – AN OVERVIEW

YOUR CONTACTS

Frank Puttmann Head of Public Policy

Berlin

E-mail: frank.puettmann@tui.com Phone: +49 (0)30 6090 2060-30

Thomas Ellerbeck Member of the Group Executive Committee of the TUI GROUP

and Chairman of the TUI Care Foundation’s Board of Trustees

E-mail: thomas.ellerbeck@tui.com Phone: +49 (0)511 566-6000 | +49 (0)30 6090 2060-60

Dr Ralf Pastleitner Director International Public Policy and EU Affairs

Brussels

E-mail: ralf.pastleitner@tui.com Phone: +32 2 302 9872

www.tui-policylounge.com

Global Group – Company headquarters in Germany20 million customer travel worldwide to 180 destination regions

Turnover: 18.5 billion euros*

Adjusted EBITA 1.1 billion euros* 325 company-owned hotels with 239,000 beds

An FTSE-100 company 5 tour operator airlines with around 150 aircraft

Market capitalisation 11.6 billion euros** 16 cruise ships

67,000 employees in 130 countries 1,600 travel agencies and leading online portals

* Numbers based on the 2016/17 business year ** Status 14 June 2018