Import Tourism is a concept that not many people know. However, the role of Import Tourism in any country’s economy and the Tourism sector is outstanding. Import or Export tourism has become a part of the Tourism Industry soon after the increase in international tourism. People traveling outside of their home country are considered International Tourists. Mostly, they help improve the tourism sector.
Meaning of Tourism
Tourism is the travel of people away from their home country or city. The travel can be for personal or business reasons. One of the fastest-growing sectors of the economics of many countries is Tourism. Any country, city, or place that attracts tourism has tourists all over the place. The tourists would indeed require food, transport, and accommodation. These are the sources of income for the Travel and Tourism Industry.
The Travel and Tourism Industry has seen a boom over the past few years. The increased exposure of people to various new places has induced the traveling bug in many. There are many places worldwide that sustain only on the Tourism Industry.
What is Import Tourism?
All the products procured outside the host country are known as imports. Now, how is import related to tourism? Numerous people travel to our country from other places. These foreigners require essential products or services that are unavoidable. The usage of such products available in the particular region improves its economy. Hence, the procurement of products at tourist destinations by tourists is known as Import Tourism.
Such Import Tourism can be found in places that are partially or entirely dependent on tourism. This concept not only helps the host country, but it also helps the importer to improve its economy. The countries that focus on import tourism are well off than those that don’t.
What is Export Tourism?
Export Tourism is opposite to Import Tourism. Export tourism is nothing but the usage of local resources induced due to tourism in a particular place. It has become popular with the increase in tourism. Even though people want to travel, they also want to feel at home. To make sure the tourists enjoy their stay, tourist spots have started making every possible product available. It is also said that international tourist expenditure can be seen as an invisible export from other countries.
Role of Import Tourism
It plays a significant role in the growth of the Tourism Industry. In the past few years, the scope of the travel and tourism industry has changed. It is not limited only to travel. It includes hospitality, accommodation, food, tourist attractions, traveling, and so on. With the widened scope, the space for improvement has also increased. There are several new players in each of these fields of tourism who are changing the entire game.
Import Tourism is also the provider for the industry. All the products and services enjoyed by the tourists during their vacations are a source of income for the industry. It supports the industry to grow and allows the economy of the country to flourish.
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