The Global Outlook
As one of the world’s largest economic sectors, Travel, Tourism and Hospitality industry creates jobs, drives exports, and generates prosperity across the world. Annual analysis of the global economic impact of Travel, Tourism and Hospitality sector is shown to account for 10.4% of global GDP and 313 million jobs, or 9.9% of total employment, in 2017.
2017 was one of the strongest years of GDP growth in a decade with robust consumer spending worldwide. This global growth transferred again into Travel & Tourism with the sector’s direct growth of 4.6% outpacing the global economy for the seventh successive year. As in recent years, performance was particularly strong across Asia.
Travel, Tourism and Hospitality which already supports one in every ten jobs on the planet, is a dynamic engine of employment opportunity. Over the past ten years, one in five of all jobs created across the world has been in the sector and, with the right regulatory conditions and government support, nearly 100 million new jobs could be created over the decade ahead.
Tourism and Hospitality in Sri Lanka
The total contributions from Hospitality, Travel and Tourism to GDP was 11.6% in 2017. It is expected to grow to LKR 1,595.5 Billion or 11.7% of GDP in 2018. It is forecasts to rise 5.5% per anum to LKR 2,718.1Billion (12.3% of GDP) by 2028.
The industry generated 404,000 jobs directly in 2017 (5.1% of total employment) It is forecast to rise to 1,028,000/= jobs in 2028 (12.8% of total employment)
Skills shortage in the Hospitality and Tourism Industry in Sri Lanka and globally keep increasing year on year. Due to this reason the demand for qualified and skilled personnel in the industry have no problem in finding employment locally or overseas.
Australasian Academy of Hospitality (AAH)
Australasian Academy of Hospitality was set up in Sri Lanka in partnership with Evolution Hospitality Institute in Sydney Australia to provide higher education and training opportunities for Sri Lankan students in this growing field.
AAH provide quality programs from Certificate level to Advanced Diploma in Hospitality Management on a mirror model in collaboration with Evolution Institute of Hospitality in Sydney, Australia
Earn as you Learn – Paid Internships while studying
Internships are an integral part of all hospitality management programs offered at AAH. Leading hotels and resorts in Sri Lanka and overseas are partnered with AAH to provide paid internships which will provide the students to be employable by the time they graduate from a prestigious Hospitality Qualification from Australia and students will have the opportunity to recover part of the cost from the training allowance they receive during the internships.
AAH students will have the opportunity to transfer to either Evolution Institute of Hospitality in Sydney Australia after completing the Diploma or to an Australian University to complete the bachelor’s in hospitality management after the diploma or advance diploma
If you are looking for a dynamic career in the field of hotel and tourism management after your A/Levels or O/Levels
please call us for an appointment to obtain more information on admissions and scholarships for the next intake on 0766 895 896 or 0773 22 77 95