International Journal of Research in Social Sciences
  • Year: 2016
  • Volume: 6
  • Issue: 7

Emerging trends in Indian Tourism Industry

  • Author:
  • R. Renuka
  • Total Page Count: 11
  • Page Number: 376 to 386

Asst. Prof., Department of Commerce and Mgmt. Studies, SASTRA University, SRC Kumbakonam, Tamilnadu, India

Online published on 25 October, 2016.

Abstract

Travel and tourism is the largest service industry globally in terms of gross revenue and foreign exchange earnings. It is also one of the largest employment generators in the world. It has been a major social phenomenon and is driven by social, religious, recreational, knowledge seeking and business interests and motivated by the human urge for new experience, adventure, education, and entertainment. Tourism is both cause and consequence of economic development. It has the potential to stimulate other sectors in the economy owing to cross-synergistic benefits and its backward and forward linkages.

Keywords

Economic development, Employment opportunity, foreign direct investment, Service sectors, Tourism