Significance,Hospitality,Touri travel,insurance Significance of Hospitality Tourism for a Country's Economy
Torres del Paine is among the biggest of Chiles national parks, occupying almost 600,000 acres (242,000 ha) of land in the south on the border with Argentina. It is also among the most important, receiving a significant proportion of domes Like any American, traveling occasionally is just what I love doing and I bet you share the same stuff with me. But traveling does not mean that you would be safe. Escaping from our job and other stressful activities is just something that w
Tours and trips have become animportant part of our lives these days. We all like spending somefree time with our family and friends. This is one of the mainreasons why hospitality/tourism industry is growing in almost all thecountries. Hospitality tourism sector is important as it generatesbusiness for several government and non-government organizations. The growth of hospitality and tourismindustry offers several opportunities to small operators andcommunities. This is why, various developing as well as developedcountries all around the world are promoting hospitality tourism.How hospitality tourism affects a country's growth?Develops trade business Mosttourists buy different local products and take them back to theirhomes. This includes direct as well as direct foreign investmentwhich plays an important role in trade development of the country. More employment With thegrowth of hospitality/tourism industry, more employment is generatedin a country. Several employment opportunities are offered by tourismindustry. These employment opportunities are related to differentsectors that are related to hospitality and tourism industry. Infrastructure development Most of the developing countries construct new highways, airports,hotels, lodges, restaurants, guesthouses and trekking routes toimprove their hospitality tourism sector. These new developments arevery important to attract more number of tourists. Cultural development Apartfrom above mentioned development, tourists are known for being animportant way to exchange culture and values. Hospitality tourismindustry helps the local people to learn more about the differentlifestyles and religions.Generates revenue Hospitality tourism industry in any country helps in generating moreincome for the locals. Tourists pay different taxes to the governmentwhich helps the country to develop. Tourists also help the localtraders to earn extra revenue and profits by shopping.
Significance,Hospitality,Touri