Essay on Tourism Industry – Facts and Impacts

Free 750 words essay on Tourism Industry – Facts and Impacts for school and college students.

The existence of human civilization is cherished, remembered and eulogized by the present generation in form of tourism. In addition to that, the magnanimity of nature, the extent of technological advancement, the magnitude of historical conservation, and maintenance of civic lifestyle of the entire globe can be experienced through tourism. The diversity of geographical terrain, cultural differences, cuisine choices, topographical variations, religious practices, human development variability, the scale of modernization and local habitats are unfathomably widespread. Tourism gives human beings an opportunity to explore every side of the world as they desire. It ensures intermingling of cultures and knowledge about the world. This industry is indeed one of the most profitable and everlasting in terms of both monetary profit and passionate quest for life. It is a proven fact that as humans earns more and advance, their desire to roam around increases dramatically. 

Free Essay Tourism Industry

This industry forms the platform of intercontinental convergence. Tourism includes natural sightseeing like Niagara Falls, heritage places like the World Heritage Sites, theme parks such as Disney, religious tourism such as Mecca, medical tourism as in Kerala, extravagant tourism such as exotic locales of Dubai or private islands. Some of the most visited tourist places in the world are Vienna, Rome, Amsterdam, Barcelona, Hong Kong, Istanbul, Paris, Dubai, Bangkok, etc. People of all standards and choices love to travel and has become a perfect means of enjoyment and self-fulfillment. As globalization and social media proliferation has transgressed boundaries, tourism has become even more desired and fancied.

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In terms of economic contribution, travel, and tourism industry form up to over $7.6 trillion in 2016. This primarily includes transportation, accommodation, sightseeing, entertainment, attractions, and food. It, directly and indirectly, provides employment to millions of people who eventually contribute to the respective nation’s GDP. It has created 292 million jobs worldwide, holds 30% of world’s exports, and in the coming decade would support 23% of jobs created. The tourism industry remains to be a low-hanging fruit in governance and revenue generating activity. There is innumerable evidence of the fact how special care and importance given to tourism generates billions of dollars and massive employment. Prominent examples are Thailand, Singapore, Austria, Paris, Hong Kong, Malaysia, Indonesia, United Arab Emirates, etc., that had out excessive capital and commitment in making their respective cities stand tall as some of the most visited places of the world.

The World Travel and Tourism Council in its annual research survey in conjunction with Oxford Economics show that Travel and Tourism’s contribution to world’s GDP is 10.2%. This is the tremendous scale of impact that this sector has on the development of human existence. It has led to proliferation of hotel chains, international and domestic airports, expansion of railway networks, enhancement of local transportation systems, boost to startups or travel guides, among other things.

Tourism has the potential and strength to showcase to the world its environmental, social, cultural, and economic heritage. Most governments across the world have been extremely careful about their country’s prestige and economic worth that can be adequately measured and crudely captured through its hospitality, friendliness, and perspicacity. It requires a significant amount of good governance, personnel management, financial investment, and human resource deployment, most of which nation-states are readily willing to offer. This also promotes local recreational supports, cuisine, beverage services, and bolsters retail trade. The scale of economic activity is unparalleled.

Internal tourism itself holds a huge chunk of this business where expenditure is considerably high. This consumption involves a sophisticated supply chain management made possible through adept capital investment. Several calculations and algorithms ultimately conclude the incessant opportunities created by this sector for people of all capacity. Right from leisure travel to business travels, the spending by domestic and international travel is accelerating at a lightning-fast pace. Almost all national governments, multilateral agencies, and private stakeholders try to sincerely promote tourism on a worldwide scale.

Goods and services are specifically designed, managed, and customized keeping in mind the requirements of tourists, focusing profoundly on their priorities. The tourism industry is set to give a boost to greater digital connectivity, technical innovation, machine learning, critical thinking, and pave way for effective globalization. Although security issues, anti-immigration sentiment, concerns regarding environmental pollution and lone-wolf terror attacks, remain formidably challenged, there can never be a replacement for the energy, scope, and magnificence of this gargantuan sector.

No matter what the challenges and issues arise as a result of tourism, its socio-economic and political contribution can never be compared to anything else. This agglomeration of cultures, the intermingling of human lives, and social cohesion as a consequence of warm hospitality and undying fervent desire to explore perpetually makes this industry vibrant and an indisputable winner against all odds.

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