Tourism & Leisure is one of the largest and fastest-growing sectors, with an important social, economic and cultural role worldwide. Serving an increasing number of destinations and international tourists, it is a major driver for socio-economic progress through the creation of employment, foreign exchange generation and infrastructure development. It also has a wide-ranging impact on a number of related sectors – from construction to transportation and telecommunications.
Activities associated with Tourism & Leisure are travel arrangement and reservation services, and a variety of arts, entertainment and recreational services provided by companies and individuals, museums, historical sites, amusement and theme parks, and gambling companies. It also includes accommodation, food-service and drinking establishments.
The COVID-19 pandemic generated a sizeable drop in tourism revenue in Colombia. The different restrictions on travelling imposed around the world and domestically were reflected in a drop in the sector’s share in the overall ...View more details
Thailand has a broad range of natural, cultural, and modern attractions to cater to practically every tourist’s desires. More recently, Thailand has also developed a strong reputation in the medical and wellness tourism niches. ...View more details
Colombia’s tourism sector plays an increasingly important role in the national economy, being now among the main sources of foreign revenue for the country, behind mineral and agricultural commodities exports. It also offers ...View more details
Estimated at USD 84bn in 2019, Russia’s tourism and leisure sector ranks among the 20 largest globally. However, its total contribution to GDP is 5%, which is far below the global average that year of 10.3%. The sector still has ...View more details
The government of Indonesia recognises the tourism industry as a vital driver of economic growth and is trying to work towards its development. The sector is being seen as much as an important contributor to employment as ...View more details
India’s tourism sector has witnessed remarkable growth over the last couple of decades and has emerged as a key contributor to the country’s economic growth. According to the World Travel and Tourism Council (WTTC), India ...View more details