Tourism industry is the backbone of any country's economic position.
It provides foreign exchange earning to the destination country.
It generates new employment avenues to the native of the country.
It raises the living conditions of the citizens of the country.
It will be helpful in raising the GDP of the country.
Self employment gives a new boost to the country.
Infrastructure development is another advantage of tourism industry.
Cultural exchange is also possible only through tourism.
Preservation of our heritage is the key issue of tourism.
Conservation of flora and fauna is an important feature of tourism industry.
- Perhaps the most important reason is the phenomenon of the multiplier effect, which is: How many times money spent by a tourist circulates through the economy of the country.
An example for the above could be as follows:
A tourist spends his money in the hotel by dry-cleaning his cloths, eating in the restaurant … etc. This money spent will increase revenues of the dry-cleaner and the restaurant owner, both will spend more on their supplies for their shop and for personal needs, which means that other businesses are going to benefit due to their increased profits by the tourist …and so on.
- The development of the county's infrastructure; as it is so important to attract visitors and to provide them with a memorable visit that will lead to a positive word of mouth and a chance of re-visiting the country again.
This also could be thought of from an employment angle, as the infrastructure needs buildings, services, and transportation means and ways, all which means increase in the number of jobs for the locals.
- Another important factor for the importance of tourism is attracting foreign investors to invest in the country by showing them high potentials and an acceptable infrastructure to their businesses, all of the above which will lead to the increase of country's GDP which means the development of the country as a whole.
Tourism raises the standard of living.
It creates domestic employment.
Provides foreign currency.
In the long-run it leads to a lot of infrastructural development.
Helps to raise GDP
-Tourism contributes a lot of foreign exchange to the country.
-Provides jobs directly in the Tourism Industry and indirectly in supporting Industries like agriculture.
-Leads to the development of facilities like road, airport...
-Opens the country to the outside world.
Also, tourism have influence on tourist's religious viewpoint . Seeing place which is some religious root , surely strengthens pilgrims faith.
Importance of tourism industry
Tourism has become one of the world's major industries both developing and highly developed nations are now taking closer look
Tourism provides employment to the citizens.
Furthermore,It raises the living standard of the people.
Tourism industry is one of the most flourishing industries in the present era. The benefits of the tourism industry are:
-It helps boost employment opportunities.
-Keeps the economy going because consumers tend to spend more when they are on a tour.
-Helps to increase the foreign exchange reserves of a country.
-It helps the intermingling of cultures and creates a better understanding among people of different regions.
-It helps other industries to grow together like the aviation industry, transportation and the like.
Some countries are running their economies entirely on tourism. Like that of Switzerland and Singapore.