Hospitality Malta 1 | Page 12

Throughout these past four years , Government has ensured the creation of a political , economic , social , and legal environment which clearly enables hotels , restaurants and other private sector stakeholders to be more competitive
Meanwhile , towards the end of 2015 , the number of full-time employees in hotels and catering establishments had reached a figure of nearly 11,000 , equivalent to 6.3 % of the gainfully occupied population . This equates to an increase of almost 500 new jobs created in 2015 . It is pertinent to note that the tourism sector also employs around another 10,500 people on a part-time basis where , by the end of 2015 , the number of part time jobs had also increased by some 600 . To these , one should also add new job opportunities created in other sectors intrinsically linked to tourism , such as transport , trade , entertainment , cultural services , and various other economic activities that benefit from tourists ’ expenditure on the islands .
Throughout these past four years , Government has ensured the creation of a political , economic , social , and legal environment which clearly enables hotels , restaurants and other private sector stakeholders to be more competitive and , therefore , be able to grow which , in turn , led to further investment and employment , and to an improvement in the general quality of life of the local community as a whole .
We are well aware that tourism is a highly complex and volatile industry , constantly subject to , and highly impacted by , changing consumer trends , technological evolution and the ongoing emergence of new business models . Given that tourism is one of the key drivers of our economy , we need to ensure that this industry adapts to the ever evolving environment and world trends , in order to maintain a leading edge and remain successful .
Since the present Government was elected to office in 2013 , we have implemented a series of targeted measures which have further solidified the competitiveness and the sustainability of tourism in Malta . There is no doubt that the 2014 reduction in electricity tariffs greatly enhanced the competitiveness of our collective accommodation sector .

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Q1 | 2017
HOSPITALITY MALTA