The New Uncertainty – How Terrorist Attacks Will Affect Travel and Tourism

The impact of terrorism on the travel and tourism industry can be enormous. It can lead to unemployment, homelessness, deflation and many other social and economic ills. But the sad truth is that the number of terrorist attacks world-wide has quadrupled since September 11, 2001. So it is a hard blow against the international economy due to the fact that the tourism sector accounts directly and indirectly for 9{315c398387f222edfbf496b305c11eb064aa5794865bcb38886d2175e1335740} of employment worldwide and 10{315c398387f222edfbf496b305c11eb064aa5794865bcb38886d2175e1335740} of the GDP. Not only tourism, but also associated touristic companies like airlines, tour operators and hotels suffer in particular when consistent terrorist attacks affect tourist’s decisions and when terrorist organization specifically target the travel and tourism industry. With this report including statistics, views and action possibilities, PROLOGIS presents a topic which affects the aviation and tourism industry deeply these days.

Middle East Carriers racing for world market share