The last few months have shown some healthy numbers for the U.S. travel industry, leading to renewed hope for jobs and better economic growth. Now, it seems this trend will be seen across the world.

According to a recent report published by the World Travel & Tourism Council (WTTC), not only is this sector growing quickly, but it will also outpace the global economy this year. This robust growth is expected to generate more jobs and drive more businesses into the black.

In 2014, the travel sector generated more than 270 million jobs across the world, contributing about $7.58 trillion in global GDP. With a 3.7 percent growth predicted for this year, this figure will rise to an impressive $7.86 trillion, which is about 10 percent of global GDP. Employment rate will increase by 2.6 percent leading to almost 285 million jobs globally, which is 9.5 percent of total employment in the world.

The United States and China will continue to rule these rankings, though Germany will be overtaking Japan for third place. In terms of regions, South Asia will see the highest growth rate this year at 6.9 percent, while Europe and Latin America will probably face the lowest at 2.4 percent.

However, the best thing about the report is not what it projects for 2015, but the long-term picture it paints. For the next 10 years, the travel industry is expected to show a steady growth rate of 3.8 percent, amounting to $11.4 trillion by the end of that time. When 2025 comes around, travel jobs will see 357 million people employed around the world.

These long-term prospects are encouraging for the business community, which can finally see recovery of assets and profits after the Great Recession took a big bite out of the economy. That in turn will encourage more innovative ideas and investments, leading to more jobs and more spending power. These healthy figures will set the pace for much-needed economic stability, making it easy for other industries to catch and contribute to the same cause.

Despite upheavals, the travel industry has shown an amazing tenacity for growth and survival in the past two decades, laying the foundation for a robust future. With the future looking so bright, this sector has become a lifeline for global governments looking for positive growth. They can, for the time being, piggyback on these figures to ensure jobs and economic progress for their people.

Other industries that are set to benefit from this growth are retail and real estate. The former is easy to understand. As more people travel, the more mementos they are going to buy, along with other items.

The latter will see growth in two stages. Wealthy tourists will show more interest in acquiring properties in places where they stay long or visit frequently. With increasing demand for stay options, more hotels, inns and rentable apartments will spring up as well.

Along with business growth, this will also open up major capital investment, propelling entrepreneurship and employment.