Fuel, food, water & population growth to impact world tourism dramatically.

Source/Contact: Travel Mole, 16/06/2008

Oil is now climbing to a record high of $150 a barrel, making bio fuel growing more feasible.  This in turn adds to the competition for agricultural land and pressurises the cost of foodstuffs.  Only recently, however, has the effect of rising fuel prices been seen on airlines.  There has been three high profile closures in less than a month, and a warning from ATA states that world airlines will lose a total $2.3bn this year.  “Even higher oil prices, even higher bio fuel prices, higher water prices, higher food prices, more people to feed, water and transport all adds up to the beginnings of a crisis for the global tourism industry” says Valere Tjolle, VISION Editor and author of the VISION/TOTEM Sustainable Tourism Report 2008.