The weather is improving and summer is finally just around the corner. This means that hotels, restaurants and attractions in the world's tourist hotspots are gearing up for a lucrative holiday season. Tourism undoubtedly contributes to job creation at a local level, but it also makes a significant contribution to some major economies. Some countries feel the impact of tourism more than others, and according to a recent OECD report receives in particular Spain every year a strong boost from holidaymakers. In 2017, 82 million tourists were attracted to Spain by its warm climate, excellent beaches, vibrant culture and efficient transport network. This makes it the second most visited country in the world and, according to the Spanish government they spent an impressive 87 billion euros.
Given these figures, it is hardly surprising that tourism is an important aspect of the Spanish economy is. The study with the title "OECD Tourism Trends and Policies 2018" revealed that tourism accounted for 11 per cent of Spain's GDP in 2016. Tourism also plays an important role in neighbouring Portugal, where it accounted for 9.2 percent of GDP in the same year. In countries such as Germany and Japan, where the economy is more focussed on industry and the service sector, the influence of tourism is not felt as strongly. In Germany, it accounted for 3.9 per cent of GDP in 2016, compared to 1.9 per cent in Japan. In the United States, it contributed 2.7 per cent of GDP in 2016.
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