
Tourism also provides millions of jobs in emerging and developing countries. Take Mexico: the tourism sector accounts for around 14 per cent of jobs. And in Cabo Verde, according to the WTTC, around 43 per cent of the working population is employed directly or indirectly in tourism. The WTTC forecasts a further increase to around 155,000 jobs by 2036 – equivalent to almost 69 per cent of total employment. Tourism secures livelihoods, provides prospects for education and development and strengthens social and environmental standards. A comparison between tourism expenditure in newly industrialising and developing countries and official development aid shows just how important tourism is: the tourism receipt is almost three times as high.
TUI is of great importance for tourism worldwide. In many places, the company is the largest private investor and a long-term strategic partner of many destination countries. This is particularly true for regions in southern Europe and in emerging and developing countries such as Cabo Verde. TUI has always been and remains a central partner – also for medium-sized companies. For example, the travel group is the largest commission provider for German travel agencies and, with its excursions and events platform TUI Musement, arranges excursions for tens of thousands of excursion micro-enterprises worldwide. In holiday destinations, TUI thus also helps to stabilise the local tourism infrastructure and supports small and medium-sized tourism businesses on the ground.
TUI Group is the only company in the world that offers an end-to-end tourism experience across the entire value chain: from travel advice before a booking is even made to the journey by air, the holiday experience in the hotel or on the ship, to activities, service, transfers and support for guests at their holiday destination.
The TUI Care Foundation, an independent initiative set up by TUI Group, aims to make a difference in the destinations. To date, the Foundation has initiated and supported over 80 projects in 30 countries worldwide. It draws on tourism as a force for good to improve the lives of young people, preserve the natural environment and support local communities in their development. Recently, the Foundation announced the “Tourism for Development Fund” together with UN Tourism. The fund aims to promote sustainable tourism development in the least developed countries (LDCs), and the TUI Care Foundation will provide around 10 million euros for this purpose until 2030.