Report on World Tourism Economy Trends (2018) Excerpt -8 Tourism industry becomes one of the major industries that apply VR technology

Virtual reality (VR) means an all-new human-machine interaction way based on computer and the state-of-the-art sensor technology.

Report on World Tourism Economy Trends (2018) Excerpt -7 Artificial Intelligence increases the operating efficiency of the tourism industry

Scientifically, artificial intelligence (AI) means using computers to simulate some thinking processes and intelligent behaviors of humans (such as learning, reasoning, thinking and planning) and making computers similar to human intelligence.

Report on World Tourism Economy Trends (2018) Excerpt -6 Member cities of WTCF play an important role in global tourism economy

This Report has collected data of 87 cities (representing two thirds of the member cities) that can provide sound information of all WTCF member cities and found that in 2017, these 87 member cities have received the total of 330 million inbound tourists, roughly 26.6% of the global total inbound tourist arrivals (1.24 billion).

Report on World Tourism Economy Trends (2018) Excerpt -5 The global tourism economy has grown rapidly [1]

In 2017, the global tourism investment reached USD 839.68 billion, which has hit a new high in the past decade and grown 4.1% over 2016. Over the past decade, the global tourism investment has kept rising quickly.

Report on World Tourism Economy Trends (2018) Excerpt -4 Tourism will further propel the globalization process

First, international tourism has gradually approached domestic tourism in terms of tourist arrivals received and even exceeded the latter in some years.

Report on World Tourism Economy Trends (2018) Excerpt -3 Tourism industry grows faster in emerging economies

Judging from the trend in 2006 and 2017, emerging economies are evidently faster than developed economies in terms of total tourism revenue.