By Adeline Teoh · 30 January 2009 · Locked
The global financial crisis is taking a devastating toll on the tourism industry, threatening to shed thousands of jobs. Will your next vacation be the last straw for this struggling sector?
If the threat of terrorism wasn’t enough of a blow, the tourism industry looks like it will shed thousands of jobs due to the global financial crisis and the subsequent drop in travel. Almost 500,000 people are directly employed in the tourism industry. More than half of tourism operators will look to cut staff this […]