Why is tourism such an important industry?

Tourism is one of the most important economic sectors in the world, contributing over 10% of global GDP and supporting more than 320 million jobs. In 2019, international tourist arrivals reached a record 1.4 billion, generating US$1.7 trillion in revenue.

2. Job Creation:

Tourism creates jobs across a range of sectors, including hospitality, transportation, retail, and recreation. These jobs can provide opportunities for people of all skill levels and education backgrounds.

3. Inclusive growth:

Tourism can contribute to inclusive growth by creating jobs and opportunities for people in rural areas, women, and young people.

4. Infrastructure Development:

Tourism development often leads to improved infrastructure, such as transportation networks, roads, and airports, which can benefit local communities and businesses.

5. Cultural Exchange

Tourism can promote cultural exchange and understanding between different countries and regions. It can help to break down stereotypes and prejudices and foster greater respect for different cultures.

6. Environmental Protection

Tourism can also contribute to environmental protection and sustainability. Well-managed tourism can create incentives for the conservation of natural resources and cultural heritage and promote responsible travel practices.

7. Technological Advancement

Tourism is also driving technological advancement in areas such as online booking platforms, mobile apps, and virtual reality experiences.

Overall, tourism is a crucial industry that provides numerous economic, social, cultural, and environmental benefits to destinations around the world.