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Jun, 07 2019

Why Tourism Industry is Booming in Nepal

The importance of tourism not only limits to the public, but tourism is also of great importance to a nation’s economy. This could be estimated by the fact that a less developed country like Nepal also earns a major chunk of its GDP from tourism industry.

Why Tourism Industry is Booming in Nepal

To get a break from the monotonous and unstimulating routine of life, people often choose to transport themselves to hill stations or beaches in order to refill their galleries and lives with some great sceneries and memories. As powerful as it is, tourism plays a vital role in everyone’s life as it gives the opportunity to break the monotony and recharge them for surviving happily.

The importance of tourism not only limits to the public, but tourism is also of great importance to a nation’s economy. This could be estimated by the fact that a less developed country like Nepal also earns a major chunk of its GDP from tourism industry.

There are several factors that have given rise to the tourism industry of Nepal, which makes it a sector full of opportunities for budding entrepreneurs. Here is why tourism industry is booming in Nepal.

The Scenic Beauty of Nepal

The country is the home to the gigantic Himalayan ranges, with an abundance of natural beauty, bio-diversity, ethnic and cultural diversity, and has many more things to explore. The scenic beauty of Nepal has always captivated tourists from all around the world. As per the reports, the tourist arrival has grown from just over 6,000 in 1962 to 1 million by the year 2018. Therefore, the tourism industry is booming like anything in Nepal. New tourism businesses are flourishing and the country has become more open towards investors and entrepreneurs from all across the world to invest in the nation’s tourism.

Tourism as a Major Source of Employment

In a country like Nepal that is a vulnerable country where there is political instability and natural hazards happening on a regular basis, it becomes very difficult for the government to cope with the severe losses and providing employment to everyone. With the abundance of hilly and remote areas, the scope for employment further decreases.

Tourism, on the other hand, provides employment for people and gives support to other industries like hospitality, catering, transportation and infrastructure among others.

Tourism industry gives all types of employment opportunities ranging from starting your own tourism agency to people employing in construction of roads for steady transportation. As per reports, tourism industry has generated more than 4, 27, 000 jobs in Nepal. Therefore, the millennial are attracted towards the tourism industry, hence giving boom to it.

Mountaineering Paradise

Known to be the land of the highest peak of the world Mount Everest with 326 other mountains, Nepal is a mountaineering paradise for mountaineers around the world. Many mountaineers land up in Nepal to challenge themselves, hence a niche of tourism, Mountaineering Tourism came into existence. Every year, loads of mountaineers from all around the world are actively coming into Nepal to either start their mountaineering career or to get training in mountaineering. In this way, mountaineering leads the tourism industry of Nepal towards a positive path.

Rise of Business Tourism

As the nation is heading towards becoming progressive, so many new businesses are establishing in Nepal. Many tourism suppliers are getting direct benefits from these established businesses by providing services to tourists as well as other tourism service industries.  Therefore, business tourism is rising in Nepal, which gives boom to the whole tourism industry of the country.

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