Investments of international financial institutions in tourism and hospitality essay
Article content. RIYADH, Saudi Arabia The Saudi Ministry of Tourism is currently taking a prominent stage at the International Hospitality Investment Forum IHIF, offering a unique opportunity for global investors to delve into the Kingdom's thriving tourism landscape. The World Travel Amp report shows that the Tourism Council said there were one billion international tourists. It was also found that the global tourism and travel industry earned a direct global contribution to gross domestic product in the same year, and it is estimated that this figure will grow to 3. Fuller, 2013. Leading countries in tourism investment for the -2016, USD billion Source: Compiled and calculated by the authors based on the World Atlas of data and key indicators from. The World Tourism Organization UNWTO continues to drive global tourism towards a more sustainable future, working with the International Finance Corporation IFC to green the sector and promote recovery and responsible growth. In the context of the new United Nations Investment Readiness for Green Finance Mechanisms initiative, INTRODUCTION. This essay consists of four parts. The first part is the introductory part, the second part is the main body of the essay and consists of two parts. The first part is to assess the Human Resources HR challenges and issues faced by the hospitality and tourism sector such as rapid technological changes, recruitment, high labor costs,