Over the years, Egypt, Greece,
Thailand, and many island
nations, such as the Bahamas, Maldives and Seychelles,
have sustained their economies by promoting tourism. Similarly,
Singapore, Germany, France, Italy, Hong Kong, Japan and China have also
successfully established themselves as popular destinations for business dealings.
Tourism has always been identified as travel for recreation and
leisure. Today's hectic lifestyle has made tourism one of the popular
global leisure activities. Since 2007, international tourist arrivals across
the globe have increased at the rate of 1.9%, generating US$944 bn
receipts from tourism (UN World Tourism Organization, 2009).
According to Travel and Tourism Competitiveness Report
2009 released by the World Economic Forum, India has improved its
position by three places since the previous year. It now ranks
11th in Asia-Pacific and
62nd globally in the list of 133 countries ranked on the basis of
creating a healthy environment for developing tourism. Moreover, India
is identified as a cheaper destination as it stands
9th in the index of relative cost for access to international
air transport service. Travel and tourism was expected to contribute 6.0%
to India's GDP and was also projected to make a
similar contribution to exports during 2009.
The Ministry of Tourism, Government of India, was
expecting over 6 million foreign tourist arrivals during
2009. Foreign exchange earnings from tourism surged by 24% during the year
2008, despite short-term setbacks. The Ministry of Tourism is the nodal body
for framing policies and programs for the promotion and development
of tourism in India. The Ministry is toying with the idea of developing
some niche products like wellness tourism, caravan tourism, helipad
tourism and MICE tourism. |