Another recent phenomenon witnessed in the country is the upsurge of corporate events especially for companies and business travelers which again lead to the rise in demand for hotel rooms. Further, the sector has also witnessed rise in foreign investments especially for setting up new hotels which reason out why the sector is being looked at as one of profound growth for years to come. Key Topics Covered: Despite slowdown, India is still considered to be a major destination in terms of hospitality business • India is considered to be one of the top 10 markets that is poised to deliver 3/4th of the global hospitality growth •Hotels in India offer a wide range of options including luxury, upscale, leisure and mid-market or economy • India has become a global destination with many international brands making a foray into the country as part of their expansion plans • Major international events such as Commonwealth Games, Formula One Grand Prix have led to a dynamically growing hotel industry The tourism and hospitality industry is one of the largest divisions under the services sector of the Indian economy. Tourism in India is a key growth driver and a important source of
Introduction Tourism is one of the most growing among the global economy, which contributes about 9.8% of world GDP (WTTC, 2015). Ho Chi Minh City or Saigon as commonly called is one of the most famous tourist’s attractions because of its local friendliness, wide range of food diversity, multicultural and high pace of life. Regarding to tourism industry, according to Cong (2015), it contributed approximately 11% GDP to the city’s economy. Therefore, tourism industry is bringing a huge profit in the government budget. In addition, making an effort to sustain the industry is an intricate task and it is contemporarily a long way to do so.
1. Introduction The trends and popularity of the tourism industry are continuously increasing in Thailand. This is especially true in Phuket since, Phuket is the largest and most well-known island in the southern region of Thailand. Since 1973, Phuket has developed into a leading tourist destination, generating income and employment for the local population (Tourism Authority of Thailand, 2013). According to statistics by the Ministry of Tourism and Sports in 2014, Phuket welcomed 3,235,202 international tourists, showing a growth rate of 1.12 % compared to the previous year.
The world renowned Stupa of Sanchi, a world heritage site, is a famous pilgrimage. Today, Madhya Pradesh offer every thing be it heritage, pilgrimage, adventure or leisure, making it a many slandered land. Tourism represents one of the world’s largest industry It is one of the major source of foreign exchange. The following table shows the foreign tourist arrival in India for last five years and the percentage change over the previous year- Year FTAs IN INDIA PERCENT CHANGE OVER THE YEAR 2008 5.28 4.0 2009 5.17 -2.2 2010 5.78 11.8 2011 6.31 9.2 2012 6.58 4.3 2013(Jan-June) 3.31 2.6@ @growth rate over Jan-June 2012 Source- ministry of tourism, govt of India for
The number of international tourist arrival in Thailand still increased in 2011, 2012 and 2013 as following; 19.2 million, 22.4 million, and 26.5 million (Department of Tourism, 2014). Tourism generates large amount of revenue to the country; therefore, tourism is importance economic contributor in Thailand, which creates many jobs. However, the fast growth of tourism industry has not only brought positive development, also brought negative impact to the country such as environmental pollution, changing in culture and traditions of local communities, and also drug and prostitutions problems. The concept of sustainable tourism was declared as a global strategy for supporting sustainable development since many international organizations are aware of negative impacts of mass tourism. Therefore, Tourism Authority of Thailand or TAT pays more attention to sustainable tourism development by educating different stakeholders in tourism industry about sustainable tourism development.
It influences the accessibility of tourism in a country and all over the world as well and income generate from tourism and tourism development. The main function of the road infrastructure is facilitating pre condition to road transportation as a transit as well as connecting between the destinations. An excellent road infrastructure and road transportation infrastructure means providing the accessibility of all possible markets for the development of any destination. Development of all hospitality and leisure activities are practically close to the transportation terminals, in fact they are correlated each steps they pass through. Flow of tourist has been strongly growing up since past decade.
Introduction Tourism has been a major influences in the process of globalization. “The tourism industry is regarded as one of the biggest sector in the world generating an estimated 11% of the global gross domestic product (GDP) and employing 200 million people and serving 700 million tourists worldwide- a figure which is expected to double by the year 2020” (Maswera et al, 2009, p.12). Cohen (2012) mentions that globalization has allowed the global push of tourism to spread to the non- Western world. The process of globalisation has contributed to the establishment of transportation systems in order to attract tourist to access remote destinations. According to UNTWO 2015, the industry has become one the main players in international trading as well as the main income sources for many developing countries.
2.1 Introduction This chapter discusses about the literature review of the important factors that influence the support of local communities towards tourism development. This chapter consist few sections which are local communities support to the tourism development, local communities’ attitude and support to the tourism development, socio-demographic, Social Exchange Theory and followed by the conceptual framework of this research. 2.2 Local Communities Support to the Tourism Development Local community is a group of people who have the same thing that surround by themselves and can consists with business operators, public agency staff and residents which their interest may be include the share of resources and information or either benefits
Tourism Effects on the Balance of Payments Tourism is the most importance factor in the economic development. The importance of tourism for the economic activity in Nepal can be seen from the analysis of balance of payments in the period 2000-2012. Table 3 Tourism Balance of Payments in Nepal Year Total Tourism Income(Million US$) (A) Total Tourism Expenditure(Million US $) (B) Surplus or Deficits (Million US $) Balance=A-B 2000 21.90 10.90 11 2001 19.10 12.80 6.3 2002 13.40 10.80 2.6 2003 23.20 11.90 11.3 2004 26.00 20.50 5.5 2005 16.00 22.10 -6.1 2006 15.70 26.10 -10.4 2007 23.40 40.20 -16.8 2008 35.30 54.50 -19.2 2009 43.90 52.70 -8.8 2010 37.80 52.80 -15 2011 41.50 42.00 -0.5 2012 37.90 56.10 -18.2 Total 355.1 413.4 -58.3 Source:
Tourism is developing in this region since last 10 years and attracting many tourists which emerged as one or the major sources of incomes to the government exchequer. The basic materials for tourism industry are culture, heritages, natural vegetation, beaches, parks, monuments and sculptures, etc.which Puducherry possesses abundantly and can be exploited for the betterment of the economy. The paper gives a clear description of the destinations which are of attraction to the tourists. The paper concludes by looking at the domestic tourist growth, foreign tourist growth and the overall tourist growth in the city. Keywords: Tourism, foreign exchange, Puducherry, growth rate.