Development Of Tourism Industry: A Hope In The Dismay

Abstract

Travel And Tourism Business Is Contributing About 10.3 Per Cent Of The Global Gdp, 330 Million Employments Around The Globe.  Both Developing And Developed Countries Are Considering Tourism As A Promising Business For The Economic Development. This Paper Using The Available Data Explains How Tourism Industry Contributes To The Economic Growth And The Challenges Faced Due To The Outbreak Of Covid19 Pandemic. The Paper Explores The Potentials Of This Industry In Enhancing The Economic Growth. Considering The Unique Character, Its Size, Contribution To The World Gdp, Global Exports, Job Potential, And Its Predicted Growth Rate Authors Explains The Need For A Constructive Effort From Countries All Over The World To Uplift Tourism Industry From The Current Crisis.