By Linda Tancs

The World Tourism Organization recently reported some encouraging news on the status of international tourism.  Amid roiling global markets, the WTO found that world travel grew at a rate of about 5% during the first four months of this year, up 1% long term.  Summer travel in the northern hemisphere will dictate whether the uptick holds at year-end.  Not surprisingly, the U.S. sported a double-digit increase in tourism, thanks in no small part to the declining dollar.  Tiger economies are enjoying a surge in inbound travel as well.  On the other hand, Europe’s numbers are lagging except for the ever-popular southern and Mediterranean destinations.  Overall, the WTO remains cautiously optimistic, so why shouldn’t we?

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