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Tourism and leisure
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.
As the largest contributor to the growth of the services sector in India, travel and tourism has tremendous potential for development. It plays a significant role in India’s economy, directly contributing 3.6% to its GDP in 2017 and directly ...
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The Philippines’ tourism sector made up 8.6% of the country’s GDP in 2016. The sector’s value added grew by 12.3% y/y, contributing some PHP 1.24tn GVA in the same year, according to figures of the Department of Tourism ...
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The tourism sector of Brazil has significant growth potential thanks to the sector-relevant natural resources of the country, which were recognised as the most abundant in the world in the 2017 Travel and Tourism Competitiveness Report by the World ...
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India’s sector of IT-enabled services and business process management is largely export-driven, but the size of the domestic market is also significant. IT Services typically claim the largest share of the sector’s exports. The sector ...
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