What is the significance of Travel and Tourism in the present global context?

What is the significance of Travel and Tourism in the present global context?


Travel and tourism is the service industry which is continuously growing and is directly and indirectly employing millions of people and thus generating a good amount of employment and revenues especially during prime vacation seasons. By making wrong the earlier image and perception of this industry as a low profile and low skill sector, it’s providing jobs that are more secure and are with better benefit packages and to provide an enriched and enjoyable experience to the tourists by providing quality services.
Travel and tourism is a potentially interesting industry that gives not only unlimited opportunities, development and work life balance, but also provides a higher value on financial rewards. With increasing number of investments in hotels, resorts, spas, restaurants, airports, malls etc people are rapidly moving and travelling and are getting attracted to both the sides of this sector, viz., those who have love to travel and explore new destinations and want to take a break off are increasing the number of travelers and tourist, and those who want to earn along with satisfying their passion for travel are taking as their career option.

As this industry is backed with social, religious, recreational, knowledge seeking and business interests and motivated by the human urge for new experience, adventure, education, and entertainment; it’s a good choice to opt as a career.
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