In many developing nations, tourism has become a significant business that is expanding rapidly. Many of these nations have made substantial efforts to develop their tourism industries, and many of them have attained remarkable international recognition. I think there are numerous reasons why developing nations would want to start this venture, and it’s a beneficial move for them.
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First and foremost, many developing nations are enhancing their tourism due to their increasing appeal on a global scale. They understand that increasing their exposure to and ubiquity in the world is necessary for them to become more dominant there. For example, Malaysia is a well-known Asian nation, and the growth of its tourism industry has solidified its position on the world stage. Second, the tourism sector brings in foreign funds that can be utilized for national development. For instance, growing nations like Spain, China, and Thailand are making significant foreign exchange profits from their tourism sectors. Finally, tourism boosts a country’s economic chances; as a result, many developing nations have better commercial links with industrialized nations simply because western visitors chose to travel to these nations and explored the business opportunities. Also, tourism gives the host nation a fantastic chance to build its infrastructure while also providing locals with employment opportunities.
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Despite these drawbacks, I think that a nation can benefit much from the tourism industry. Pollution, cultural influences from other countries, and the fear of terrorism are frequently listed as some of the negative repercussions. In contrast, nations today cannot close their borders to foreigners due to globalization. A nation should benefit from the tourism industry, which is growing quickly. Some of the truly amazing benefits that tourism development can provide include earning foreign remittances, creating jobs for locals, introducing distinctive traditions, enhancing the transportation system, and understanding cultural diversity.
In conclusion, it is undeniably a wonderful trend that emerging nations are expanding their tourist businesses since they see the enormous potential and advantages this sector offers.
Substantial – large in amount, value or importance, considerable
Venture – a business project or activity, especially one that involves taking risks
Ubiquity – the fact that something seems to be everywhere or in several places at the same time
Remittance – the act of sending money to somebody in order to pay for something, payment
Distinctive – having a quality or characteristic that makes something different and easily noticed
Enhance – to increase or further improve the good quality, value or status of somebody/something
Enormous – extremely large, huge, immense