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Globally, the tourism industry already accounts for an average of 9% of nations’ GDP and is an important source of foreign exchange and foreign direct investment for many developing countries. Before COVID-19, the United Nations World Tourism Organization projected international tourist arrivals would increase from 1.1 billion in 2014 to 1.8 billion in 2030. For many developing countries, tourism is a key pillar of national development
However, the rapid growth in both international and domestic travel, the trends to travel farther and over shorter periods of time, and the preference given to energy-intensive transportation are increasing the non-renewable energy dependency of tourism, resulting in the sector’s contribution to global greenhouse gas emissions.
To reverse this trend, the tourism sector can make a major contribution to the green economy through more sustainable practices, climate change mitigation and ecotourism. Greening the tourism sector allows tourism growth, environmental conservation and social well-being to be mutually reinforcing – with green tourism creating new, green jobs, supporting the local economy and reducing poverty.
Created a Post in Tourism and Hospitality
The Asymmetric Influence of Financial Development on Economic Growth in Kenya: Evidence From NARDL
Investigating the Influence of International Tourism in Pakistan and Its Linkage to Economic Growth: Evidence From ARDL Approach
Introduce this journal: Current Issues in Tourism. It publishes open-accessed articles so readers do not need to pay for accessing them. https://www.tandfonline.com/toc/rcit20/current
Introduction of W Tourism O
The hospitality sector has been dramatically impacted by COVID-19 and cost saving measures are practically a must for all affected hotels and restaurants. It's therefore worth checking out what kind of simple energy saving measures can be implemented to reduce costs and environmental impact at the same time.
In this new report, learn all about nature-based tourism, including concession and partnership models, destination management good practices, enterprise development, and more!
How has the COVID-19 pandemic affected the cruise industry? In addition to the industry players, many small island nations rely on the revenue earned from guests on visiting ships and the related tourism activities including restaurants, attractions and tours.
This Rapid Socio-Economic Impact Assessment (RSEIA) was carried out with an objective to gain a quick understanding of the overall nature of impact of the COVID-19 crisis on tourism and affiliated sectors and the impact the pandemic has had on individuals engaged in the sector. A useful report as it discusses recommendations when planning the response and recovery of the tourism-related job losses for a robust ‘exit strategy’.