Segment could be analyzed from the fact that global tourism industry contributes approximately 11 percent towards the global GDP of the world. This sector employs approximately 200 million individuals across the globe serving approximately 700 million customers across the world. Experts point out that this figure is expected to increase to exactly twice its present value. Much of the value of this global tourism comes from the developed nations which contribute approximately seventy percent of the total revenues generated from tourism. The developing nations have grown by approximately 9.5 percent since 1990 which is quite comparative as compared to the annual growth of the global tourism industry which is pegged at 4. Tourism generates precious foreign exchange, employment as well as GDP for the nations. There are a large number of nations and islands whose economy is entirely dependent on the tourism industry (Roe & Khanya, 2001, p.The present study would try to analyze the aspect of sustainable tourism and would also discuss about the different factors affecting global tourism with regards to certain issues related to the environment.The sustainability of tourism industry is largely dependent upon other sectors as many economic and social factors are said to be correlated with Presence of infrastructure and political stability are factors that have a deep impact on the success and growth of the tourism industry in a nation. The backward and the forward sectors are directly linked with the success of Certain industry segments like agro based and food related industries have a direct impact on the needs and wants of the global tourists visiting a tourism destination. Food and agro based industries cater to the food related requirements of the tourists which also has a significant impact on the success of the tourism industry. Certain other industry segments like infrastructure, hospitality, transport also have a deep impact on the success of the tourism industry. These industries act as a platform for satisfying the demands of the customers. A research study states that suppliers have a major role in the functioning of the tourism industry. A research study conducted by the World Trade Organization states that the economic sustainability of the tourism industry is largely affected by the ‘leakage effects’. Leakage effect is defined as a phenomenon in which the revenues and the foreign exchange
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1. Do you feel tourism is a profitable business?
a. Yes b. No
2. Comment on your views regarding the aspect of environmental sustainability in the tourism industry.
3. Do you feel ensuring sustainability would prevent malpractices in the tourism industry.
4. Comment on the role of the government in ensuring growth and sustainability in the tourism industry.
5. Comment your views regarding the aspect of foreign investment and suppliers in the tourism industry.
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