Why is tourism industry important?
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Answer:
Tourism is a great contribution to the world economy. Large emerging economies, including developed ones, depend largely on the tourism industry.
Countries such as the US, France, and Spain fight over leadership in this sector with the aim of positioning themselves as the world's first tourist power, which to say the least, is a very profitable objective. The tourism industry not only generates revenues for a country and cultural wealth, but it is also one of the most important economic engines for growth and development.
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Answer:
Tourism is vital for the success of many economies around the world. There are several benefits of tourism on host destinations. Tourism boosts the revenue of the economy, creates thousands of jobs, develops the infrastructures of a country, and plants a sense of cultural exchange between foreigners and citizens.