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| Will the credit crunch keep him away? |
Tourism is the world’s largest industry on the basis of its contribution to global gross domestic product (GDP). It generates about 10% of total world GDP. Hoteliers throughout the world are unanimously expecting declines in business performance for 2009. Africa’s own ability to sustain leisure visitor numbers will depend on how serious governments and the private sector take the ripple effects of the credit crunch.
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