Sunday 6 November 2016

Marg Kronfeld - The Ever Increasing Importance of Tourism

Marg Kronfeld is a woman with many interests, including business development and growth, politics, staff development and even tourism. The role of tourism in the economic world is extremely important, and that statement was probably never as true as it is these days.

Despite All, Tourism Thrives

When we are looking at the world, we can see many problems that hamper tourism. Wars, political instability, natural disasters, viruses popping up in new environments, and the list could go on and on. Despite all that, the tourism service actually blossomed since the early 1970’s, making new records almost every year. Just in 2012, international tourism surpassed $1 trillion.

Many Countries Promote Tourism
While in past Japan and the US didn’t exactly do much to lure tourists into their country, this is not the case anymore. Just recently, both of them eased somewhat their VISA policies to promote tourism, a clear-tell sign of wanting to have a bigger slice of the global pie.

Slow Economies Need Tourism
Economies that are struggling for some reason can benefit from tourism. Tourism can create jobs in many different sectors, and brings in much needed revenue.

Traveling Is Still Not Cheap, but It’s Getting Cheaper

Traveling is costly, but it’s on its way to becoming more affordable, especially international travel. With the travel barriers of the past are falling one by one – both in the context of politics and transportation – the industry can continue to prosper.

Marg Kronfeld is an avid traveler who fully understands just how crucial tourism is for the global economy.

Sources:
http://journal.georgetown.edu/the-growing-importance-of-tourism-in-the-global-economy-and-international-affairs/