TOURISM DESTINATIONS AS A PART OF ECONOMIC DEVELOPMENT
Journal: Economic Profile (Vol.14, No. 19)Publication Date: 2019-12-25
Authors : Teona Grigolashvili;
Page : 84-89
Keywords : Tourism; Economic Development; Destination; attractions; place;
Abstract
Tourism industry plays the main role in countries economic development first of all it is the fastest growing industry and it takes part to fight against unemployment. Tourism is main player in international trade. Tourism consists from leisure and business traveling as well. Tourism has significant share on GDP (gross domestic product). According to WTTC tourism generates 10.4% of world GDP. During 2018 year, to compare with global economy there was 3.9% growth in tourism industry.
Every tourism destination has resources (attractions) that should be take into considerations when planning places. Development of tourism can create positive impulses for local tourist companies. This is new opportunities for investors. New workplaces are main weapon against unemployment. Employees in tourism are learning new skills and they really know how to develop their future career. Tourism helps local entrepreneurs to explore new international, regional or local markets.
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