how tourism is increased with liberalization?

Expert Solution

Answer) Liberalization helps to increase tourism in following ways

Liberalization helps a country gets its tourism infrastructure development faster which means better facilities for tourists and more business for tourism sector.
Liberalization gives boost to stayprivate players to participate and compete leading to addition of a brand in tourism of the country,consider this,you like to stay at a particular brand hotel and now if this hotel is also entering in some other country,you may get additional motivation to visit that country.
Liberalization brings in extra revenue which means government can use that extra revenue for tourism or general development which can further boost tourism.
Liberalization create more unemployment leading to more purchasing power leading to more people exploring tourism.

To conclude,Liberalization boost tourism in direct and indirect ways and can lead to significant boost for this sector.

Answer is complete.Thank you!

Rahul Sunny answered 2 years ago

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