Description

The document introduces the economic phenomenon of tourism and the way that Governments are fast recognising its importance in terms of job creation, the earning of foreign exchange and stimulating both economic development and diversification. Spin-off in terms of preservation of cultural heritage and the environment are also mentioned, including the reinforcement of national pride. In terms of the region, tourism growth has outpaced the global average although it is expected to slow to around 4.3 per cent over the ten-year period to 2010.

The document introduces the economic phenomenon of tourism and the way that Governments are fast recognising its importance in terms of job creation, the earning of foreign exchange and stimulating both economic development and diversification. Spin-off in terms of preservation of cultural heritage and the environment are also mentioned, including the reinforcement of national pride. In terms of the region, tourism growth has outpaced the global average although it is expected to slow to around 4.3 per cent over the ten-year period to 2010.