Tourism and hospitality industry, the service sector of the Indian economy is one of the largest areas. Tourism is a major growth driver in India and is an important source of foreign exchange earnings. The direct contribution to GDP in India region (GDP) per annum during the period 2013-2023 is expected to grow 7.8 per cent. Tourism in India due to the increase in foreign tourist arrivals (FTA) and a large number of Indians traveling to domestic destinations is rich. Domestic tourism increased by 5.1 percent in 2013 and is expected to increase by 8.2 percent this year, the World Travel and Tourism Council (WTTC), according to data available with the revenue earned.
The top 10 States and Union Territories contributed about 84.2% to the total number of Domestic Tourist Visits. In August 2017, India's Foreign Exchange Earnings (FEEs) grew by 16.1% year-on-year to USD 2.176 billion. In September 2017, Foreign Tourist Arrivals in India grew by 18% year-on-year to reach INR 723,000 whereas Foreign Tourist Arrivals on e-Tourist Visa in India rose 71% year-on-year to INR
This is predicted to rise by 4.3% to USD2, 248.2bn in 2014. This shows the economic ventures generated by relevant industries such as hotels, travel agents, airlines and other transport services specifically for passengers. It also includes the revenue generated by restaurants and hotels frequented by tourists. The direct contribution of Travel & Tourism to GDP is expected to grow by 4.2% pa to USD3, 379.3bn (3.1% of GDP) by 2024(4). Direct Contribution of travel & tourism to world GDP (4) As we see from 2004 to 2013 there is a major GDP contribution from tourism sector for an economy point of view which was rises from 1800USDbn to 2000USDbn from the year 2004 to 2013,which will increased to 3400USDbn by 2024 as shown in graph.
The direct contribution of travel and tourism to GDP was US$ 2,306 billion in 2016 and is forecast to rise by 4.0% pa from 2017-2027. Taking account of combined direct, indirect and induced economic impact; the total contribution of Travel and Tourism industry was US$ 7,613.3bn in 2016. In 2016, the total contribution of Travel and Tourism to employment was 9.6% of total employment (292,220,000 jobs). This is expected to rise by 1.9% in 2017 to 297,896,000 jobs and rise by 2.5% pa to 381,700,000 jobs in 2027 (WTTC, 2017). The introduction of tourism in Nepal started after a restoration of democracy in 1952, since then tourism industry has made remarkable growth
In case of Visa on Arrival facility, a total number of 20,294 visited during 2013 as compared to 16,084 Visas on Arrival during the corresponding period in 2012, which amounts to a growth of 26%.Branding India with the help of concepts like Incredible India! & Athiti Devo Bhava provides impetus to growth to tourism sector. Medical visa to encourage medical tourism in India.Goverment of India has allowed100% FDI under the automatic route in tourism and hospitality, subject to applicable regulations and laws. The aim of NATIONAL TOURISM POLICY, 2OO2 to enhance employment potential within the tourism sector as well as to foster economic integration through developing linkages with other sectors. Providing guidelines to central agencies in tourism infrastructure development, scheme for assistance for large revenue generating projects, scheme for public-private partnership in infrastructure development, guidelines for approval of convention centers, motel projects, timeshare resorts, guesthouses, etc.
1.1.1. The Global Hotel Industry: An ever-increasing number of destinations worldwide have opened up to, and invested in tourism, turning it into a key driver of socio-economic progress through the creation of jobs and enterprises, export revenues, and infrastructure development. Over the past six decades, tourism has experienced continued expansion and diversification to become one of the largest and fastest-growing economic sectors in the world. Many new destinations have emerged in addition to the traditional favorites of Europe and North America. World Tourism Organization [UNWTO] (2017) Tourism has boasted virtually uninterrupted growth over time, despite occasional shocks, demonstrating the sector’s strength and resilience.
Critically discuss whether mass tourism and sustainable tourism are compatible forms of tourism Tourism industry development According to the UNWTO Publications of 2017 edition, tourism industry has been grow continuously over the past six decades. The tourism industry has boost up the worldwide economic segments. In despite of the threats to tourism industry, international tourist arrivals have increased from 25 million globally in 1950 to 278 million in 1980, 674 million in 2000, and 1,235 million in 2016. The statistics show that the international tourism receipts earned by destinations worldwide are US$ 1,220 billion in year 2016 which is about 2.5 times of earnings in year 2000. (UNWTO, 2017) There are two forms of tourism which include
Tourism is the fastest and biggest sector in the word recently. A lot of people travel around the world nowadays. People travel for many reasons. UNWTO defined tourism as comprises the activities of persons traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes. Tourism has many advantages and disadvantages for any county in the world.
INTRODUCTION Tourism is defined by the United Nations World Tourism Organization (UNWTO) as the “act of travelling by people for recreation, leisure, religious or business purposes outside their usual environment for a period not more than one year ”. Tourism is the leading means of leisure and entertainment in the world today and the tourism industry encompasses a wide range of interconnected goods and service industries such as accommodation, transport, food & beverage, sports, cultural and entertainment services. Inspite of the fact that the whole world is engulfed in conflict the tourism industry has continued to grow. According to the UNWTO international tourists arrivals around the world crossed 1 billion in 2012 and reached the figure of 1.087 billion in 2013 showing an overall growth of 5% . The report also revealed the astonishing fact that the region showing the strongest demand for international tourism was South East Asia with growth of 10%.
1. The size and scope 1.1 Analyze size , nature and sub sector of global tourism and hospitality The tourism industry is one of the largest economy and global successful income that bring country become rise in GDP. Moreover, tourism industry shows how to promote government and private sector. According to Global travel and tourism industry - Statistics & Facts claims that International tourist arrivals have been rising number from 528 million in 2005 to 1.19 billion in 2015. The hospitality industry makes for tourism market that serve good service towards customer for make them satisfied in goods and service.