TOURISM INDUSTRY OF THE WORLD – A REFLACTION

Authors: Dr. Shekhar Upadhyay, Dr. Narendra Singh

Published in: IJRRETAS, Volume 4, Issue 9, pp. 1-11 (01 Sep 2018)

Impact Factor: 3.8 (2018)

Certificate: View Certificate

Abstract

Introduction

Every Human being has the craving for Traveling and seeing new places around the world. The places less known attract the most to tourists and travelers. Tourism is as old as the existence of Human civilization itself; tourism has become an important medium of economic development in many countries of the world. Tourism is one the sector of the economy which seeks minimum investments as compared to the other sectors of the economy of any nation. There are several counties in the world today who are totally depended on the tourism and the revenue generated by the tourist during their visit to their country. If we take the examples of Malaysia, Hongkong, and Singapore, we will see that these countries and many more are totally or largely depended on the tourism. Tourism is important, and in some cases, vital for many countries. The present scenario has made tourism sector most evident and important contributor in economies of various nations in the world including India and other developing nations. As per latest report on “Travel and Tourism” published by “World Travel and Tourism Council” in year 2014; “tourism sector has become one of the most important contribution in world economy, and the sector is all set to grow with fast pace than ever, the growth is more in Asia pacific Region and African continent (Primarily in developing and least developed nations of the world.)”. Tourism was recognized in the Manila Declaration on World Tourism of 1980 as "An activity essential to the life of nations because of its direct effects on the social, cultural, educational, and economic sectors of national societies and on their international relations." Tourism brings in large amounts of income in payment for services available, accounting for 30% of the world's exports of services, and 6% of overall exports of goods and services. It also creates opportunities for employment in the service sector of the economy, associated with tourism. These service industries include transportation, such as airlines, cruise ships, and taxicabs; hospitality, such as accommodations, including hotels and resorts; and entertainment venues, such as parks, casinos, shopping malls, music venues, and theatres. India is not an exception in the tourism sector. Historical evidence has indicated that India had been visited by the foreign tourist centuries ago. Before getting into the deep of Indian tourism, let’s see and try to understand the phenomena of “tourism”. Tourism is travel for recreational, leisure, or business purposes. The World Tourism Or

Conclusion

As the nature of tourism suggests that there is not a sector in economy which can be compared to tourism sector in any sense. The tourism sector not only helps in getting jobs and eliminating poverty, but gives a chance to make familiarize others with the culture and history of one’s country. The human is known for roaming around, here and there, with or without purpose. Tourism in real senses fulfills that inner feeling of tourist with economic uplifment. Each country regardless of its size and situation is working and promoting hard for alluring International tourist, India is one of them. Actually tourism works in two folds, one it creates economic wellbeing among countries by benefitting people directly and indirectly belonging to all walks of life. Second and probably most important one is it creates a positive image of a country among the visitors and rest of the world. Its multiple way of improving image globally and a way of spreading peace among nations, which have forgotten how importance it is to be in peace than in conflict. Sharing of cultures and ideas, views and knowledge can be by products of tourism. Understanding the importance of tourism sector, government around the world is taking measures to improve the tourism sector