The leisure industry is probably the second in revenue generation after agriculture in most countries of the world. This is because it is one of the industries regarded as a practice of the rich and hence believed to generate so much money. On the contrary, this cannot be achieved without knowing the exact details of how the economy impacts tourism in a given country.
For obvious reasons, any economically stable nation will invest a lot in good infrastructure including banking and communication. This notwithstanding, it will also have internationally recognized standards of hotels and their affiliate companies. This alone is reason enough to make a million tourists flowing into the country within a short period of time.
The good roads will also appeal to potential tourists when the destinations are marketed on the various platforms. They give them the urge to make the actual visit and see for themselves. A healthy economy is also bound to impact positively on the hospitality outlets since they will also be improved with the available funds.
It is unavoidable to associate economic stability with peace. An economically upright nation will most definitely enjoy peace and stability. This has a direct impact on the development on tourism sector as tourists are only attracted to peaceful nations. This is because they are assured of a safe journey and stay wherever they will be planning on going.
On the contrary, a poor economy in a country is bound to pose serious challenges to all the revenue generating industries and this is not exceptional. Poor economic development translates to poor amenities from roads, hospitality facilities to attractions. No visitor would like to be associated with deplorable conditions hence they will always alienate themselves from such.
However, a country experiencing financial constraints with a majority of its citizen languishing in utter poverty has a dark future in vacation industry. This is because it has more burning issues like hunger to look into rather than building good roads and marketing itself amongst foreign countries. For this reason, this industry will not be exploited to the fullest of its potential.
Likewise, a warring community cannot host tourists who are ever conscious of their security before any other thing. All these indicate that knowing how the economy impacts tourism is key to improving and maintaining the influx of tourists into a given country.
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