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Thursday, October 29, 2009

Tourism Industry in India project report

Tourism is an industry that operates on a massively broad scale: it embraces activities ranging from the smallest sea-side hotel; to air-lines, multi-national hotel chains and major international tour operators. Originally, non-traditional industries such as tourism emerged as a solution to strike a balance between ecology and industry. The tourism industry is now one of the largest sectors earning foreign exchange for the exchequer. In the face of such benefits, many countries have started assigning due weightage to the tourism industry in their national development agenda.

Tourism statistics:
=> Tourism is one of the world's fastest growing industries at present and holds the status of the world's no. 1 industry.
=> The tourism industry as a whole is presently estimated to earn over US$ 3.5 trillion worldwide.
=> The industry creates a job every 2.4 seconds with every one of those direct jobs creating another 11 indirect ones.
=>Spending on tourism amounts to 5%-10% of total consumer, spending in a year worldwide.
=> India's share of the total market is a pittance at 0.51%. The non-tourist countries like Malaysia and Indonesia get much more tourists than India.
=> However, the average duration of stay of foreign tourist in India is one of the highest in the world. On an average, it exceeds 27 days in the case of non-package tourists and is 14 days in the case of package tourists.
=> Tourism has the distinction of being the third largest export industry after gems and jewellery and readymade garments in India.
=> The Tourism industry's foreign exchange earnings in India are around $3.2 billion. Tourism is the highest foreign exchange earner if we consider the fact that net value addition in Gems and jewellery is less than 30 % whereas, in tourism it is more than 90 %.

Download full report below

tourism_industry project report

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