Tourism is an activity when people travel to different places other than their respective home country for vacation or business purpose. We can agree on the fact that, at some point in our lives we have been tourists too. It’s a great moment to experience the new places, their way of living, the culture. Many activities like scuba-diving, camping, trekking, or even just lying under the sun can be the many reasons, to attract tourists.
Tourism, therefore, is an industry which has to look into many different aspects. From the different modes of transport to beach-view hotels, from spa to scuba-diving, the tourism industry depends on many factors. It incorporates industries such as Travel, Lodging, Attractions and Restaurants.
As all other things, there are pros and cons associated with tourism as well. Tourism can damage the environment, litter the surroundings, and have bad effect on the culture of the residents by learning new approaches from the tourists. Some activities can be bad for the coral reef, some can cause deforestation. It can deplete the uniqueness and beauty of a destination as time passes by.
On the bright side though, tourism helps in the growth of the economy of the country/place. Some countries like Maldives with 38.92 % of GDP (2019), British Virgin Islands with 32.96% of GDP (2019), Macao with 28.05% of GDP (2019) are heavily reliant on tourism for GDP. Tourism provides employment opportunities and most importantly it provides an opportunity to promote and show itself to the world.
The dataset used is taken from the International Tourism data from World Bank[1]. This Dataset consists of the International Tourism Expenditures($), Receipts($), Departures, Arrivals, Exports and Imports. We look into each of the topics and the impact it has on the world.
We breakdown the topics and analyse the dataset as:
Did You Know Travel and Tourism is a $1.3 trillion industry in the United States as of 2019.