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Importance of Tourism

Tourism is an important industry that creates demand for many other industries and generates economic and employment benefits. It contributes to development by helping countries establish strong tourism markets. Tourists also bring global standards as they compare services internationally, strengthening tourism's influence over related industries. Due to its nature of involving consumption of services and products during travel, tourism further encourages consumption.

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Kristine Grace B. ESTILO
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396 views3 pages

Importance of Tourism

Tourism is an important industry that creates demand for many other industries and generates economic and employment benefits. It contributes to development by helping countries establish strong tourism markets. Tourists also bring global standards as they compare services internationally, strengthening tourism's influence over related industries. Due to its nature of involving consumption of services and products during travel, tourism further encourages consumption.

Uploaded by

Kristine Grace B. ESTILO
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Importance of Tourism

Tourism industry is important for the benefits it brings and due to its role as a
commercial activity that creates demand and growth for many industries. Tourism not
only contributes towards more economic activities but also generates more
employment, revenue and play a significant role in development.

Tourism is an individual activity of traveling and visiting places. it has created travelers
and tourists who visit different tourist places and destinations.

Tourism is also a commercial activity because the whole tourism process involves
consumption of services and products.

5 Importance of Tourism Industry

1. Tourists create Demand


Group of companies producing goods and services for consumption. This is the
general definition of an Industry. It means that there is a demand that industries
fulfill by providing goods for consumption.

Tourism is one such Industry or sector that creates demand first. This is due to it
being an individual and commercial activity. Tourism as an activity is what creates
the demand.

2. The Tourism Industry spreads and meets Demand.

Importance of Tourism 1
Tourism as an industry fulfills the needs and demands created by tourism as an
activity. Now, Tourism, as mentioned in its definition, is not an industry as such but
rather a group of industries. This now creates the value or supply chain of the
tourism industry.

Tourism is made up of these industries and their products, and more. This is the
value chain of tourism where different industries and players provide products and
services to fulfill the demands and needs of tourists.

The Tourism value chain is created as the basis of the three needs that create
demand for various products and services.

Tourism creates demand not just for one or two industries but so many different
industries altogether.

3. Tourism brings Development


Tourism helps in and contributes towards the overall development of a country and
towards development and well-being of societies.

In order to consistently attract new tourists, to establish a strong inbound tourism


market and to sustain tourism growth a country needs to do a lot of things.

4. Tourists bring Global Standards


Tourists - who are the consumers of this sector, are global and act accordingly when
it comes to the perception and consumption of tourism and related services as a
whole. This observation or characteristic of this industry is what further strengthens
its influence over the above discussed range of industries.

Global Tourism affects both the demand and supply sides. from the demand side, it
implies that the travelers have consumed almost the same set or bundle of services
at various destinations and event venues globally, and so at the point of consuming
these services, presently or in the future, they would compare these at a global

Importance of Tourism 2
level. The supply side, with the same implication, is that these services are available
in various countries and places (which are event venues and destinations) and they
can choose it from anywhere. So, the traveler evaluates and compares the
infrastructure and services related to tourism, at any given point of time, at a global
level.

5. Tourism nature induces more Consumption


Tourism, due to its very nature, encourages the consumption of services and
products for two reasons. First reason, is that tourism as the term comprises of set
of activities involving use of services and products. Second reason, tourism as to
much extent, means enjoyment, exploring and experience a place to its full extent,
and also to kind of esperimenting and doing new things.

Importance of Tourism 3

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