Increased tourism leads to increased employment. From resorts and hotels to restaurants, clubs, bars, diving schools and other adventure activities, Caribbean countries thrive on the jobs tourists create.
How does tourism contribute to the Caribbean economy?
Tourism is one of the region’s major economic sectors, with 25 million visitors contributing $49 billion towards the area’s gross domestic product in 2013, which represented 14% of its total GDP. … Caribbean islands now depend on tourism for their economy, it being referred to as “the engine of their growth”.
What are the benefits of tourism in the Caribbean?
Benefits of tourism to the Caribbean
- Infrastructure: Tourism helps to pay for facilities which benefit local people such as airports, sports facilities and roads to areas where hotels will be built.
- Government revenue: Departure tax and other charges help increase government revenue and help pay for government services.
How do tourists benefit the economy?
Taking into account direct and indirect impacts (including aspects like the supply chain), tourism in England contributes £106 billion to the British economy (GDP) and supports 2.6 million jobs. Looking at direct impacts only, tourism still contributes £48 billion, supporting 1.4 million jobs.
How does tourism boost the revenue of a country?
Tourism boosts the revenue of the economy, creates thousands of jobs, develops the infrastructures of a country, and plants a sense of cultural exchange between foreigners and citizens. … Governments that rely on tourism for a big percentage of their revenue invest a lot in the infrastructure of the country.
How does tourism affect the Caribbean?
Despite the fact that tourism is very reliant on the natural environment of the region, it has negative environmental impacts. These impacts include marine pollution and degradation, as well as a high demand for water and energy resources.
What does tourism do for many Caribbean countries?
Tourism is one of the fastest growing industries in the world. It is an increasingly important source of income, employment and wealth in many countries and its rapid expansion has been considered as an interesting possibility for sustainable development (including poverty reduction) in developing countries.
How does tourism benefit Trinidad and Tobago?
Tourism plays a significant role in Trinidad and Tobago’s economy. But unlike much of the rest of the Caribbean, where tourism is the most important industry, in T&T it is of secondary importance, behind the energy sector and on a somewhat lower level than financial services and manufacturing.