Erschienen in:Kumar, J., Garg, A., (2020). Investigating the factors affecting tourism development in Victoria Falls, Zimbabwe. In: A. Sharma, J. I. P. Fernandez, & A. Hassan, eds. Sustainable Destination Branding and Marketing: Strategies for Tourism Development, pp. 131-142. UK: CAB International (CABI). ISBN
Umfang:
1 Online-Ressource (19 p)
Sprache:
Englisch
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 13, 2020 erstellt
Beschreibung:
Tourism has become a global phenomenon that has benefited many economies especially developing countries worldwide. The industry is worth billions of dollars and is the world’s fastest-growing economic sector as the industry’s contribution to the worldwide economy during the year 2016 exceeded US$7.2 trillion to world GDP, representing 9.8% of global GDP and created 284 million jobs (Kumar et al., 2017). According to the World Bank, tourism has proven to be a vehicle for economic growth and job creation in the world, but it is an underdeveloped opportunity in Africa. For many developing countries such as Zimbabwe, the tourism sector is one of the most significant industries and it used to be a big contributing factor to the Zimbabwean economy in terms of foreign currency, employment, exports as well as development opportunities. From late 1980 to 1999, tourism was the fastest-growing sector in Zimbabwe but became one of the lowest-contributing sectors in a struggling economy. Tourism is a big industry and can lead to tremendous growth in economies adding to the better economic environment in Zimbabwe. The tourism industry has the ability to contribute significantly, as cultural and natural assets can be leveraged to create prospects for local communities leading to the future development of Zimbabwe