is an important sector of Gibraltar’s economy, which accounts for 20% of GDP and 10% of employment, adding that it has not been a ‘normal’ four year term as the impact of the pandemic meant the tourism industry worldwide was decimated.
The tourism sector on the Rock is split into three categories, air land and cruise (the port). All of these sectors have increased, Dr Garcia noted and spoke of the development of hotels in Gibraltar.
“I think this shows a degree of confidence in Gibraltar, in the economy of Gibraltar, in the development and progress of tourism industry in Gibraltar that the private sector is willing to invest in the establishments of new hotels.”
The tourism sector on the Rock is split into three categories, air land and cruise (the port). All of these sectors have increased, Dr Garcia noted and spoke of the development of hotels in Gibraltar.
“I think this shows a degree of confidence in Gibraltar, in the economy of Gibraltar, in the development and progress of tourism industry in Gibraltar that the private sector is willing to invest in the establishments of new hotels.”
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05-10-23 PANORAMAdailyGIBRALTAR