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World Tourism Organization
Use Tourism in war on poverty - world leaders urged
Friday, September 16, 2005
Representatives from governments and industry strongly backed the World Tourism Organization`s call to increase tourism to help realize the United Nations` Millennium Development Goals.

Meeting at the invitation of WTO Secretary-General Francesco Frangialli in New York on the eve of the Special United Nations General Assembly, they agreed a declaration that calls on the United Nations and public, private and civil society decision makers worldwide to encourage tourism as one of the most effective tools for sustainable growth in the world`s poorest countries.

UNICEF, ICAO, NEPAD, UNDP, UNCTAD as well as Ministers of Tourism, industry leaders and NGO`s joined with the World Tourism Organization (WTO).

Tourism needs greater recognition by governments and development institutions for its capacity to generate economic, environmental and social benefits, Mr. Frangialli said. It is also a sector that promotes inter-cultural understanding and peace among nations. For poor countries and small island states, tourism is the leading export - often the only sustainable growth sector of their economies and a catalyst for many related sectors. It can play a key role in the overall achievement of the Millennium Development Goals by 2015

The Declaration calls for:
Theodore Koumelis - Friday, September 16, 2005
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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