Tourism And International Tourism: The Importance Of Tourism

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Tourism Tourism is to make a journey for fun, enjoyment, entertainment, family or some business purpose which is generally for a limited time period. Tourism is related with global travel and going to another place within the home country. Tourism is popularly becoming a holiday activity. Tourism can be national or global. Tourism is an important source of money for a number of countries and influence the economy of source and host countries. Tourism is service industry and it has many physical and non-physical elements. Transportation, housing, lodging activities are the important physical elements and it also has many other ingredients. The important non-physical elements are repose, resting, meeting new people and to experience other cultures.…show more content…
Panneerselvam, 2013) Importance of Tourism International Tourism Since 1970’s, international trade in tourism services has grown hugely inspite of the wars, government confusions, disasters, remedial panics, economic crisis etc in many countries of the world. Inter tourist arrivals reached 1.035 bln in 2012 worldwide in comparison to just 166 mln arrivals in 1970. In 2012 visitors spent $1 trillion on only travel and their spending whether unswervingly or not directly gauged for 9% of world’s GDP & 6% of its exports. In some 90 nations today, global tourism proceeds is more than $1 bln per year. Japan had 10 mln tourist visitors in 2013 and that was its all time high and the country hoped that the number will twofold by their Tokyo summer Olympics in the year 2020 and the country will attain 30 mln guests by 2030. In 2012, United states had 67 mln visitor arrivals and president obama made a target of having 100 mln tourist guests by 2021. It was predicted by “UNWTO” that international tourism will increase by 33.3% per year from 2010 to 2030 and will attain 1.8 bln total visitors by 2030 .it is also predicted that tourism’s market share will rise to 57% by 2030 compared to 47% in…show more content…
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