TOURISM DEVELOPMENT

Indian tourism development corporation, Types of tourism, Importance, Element of tourism development, current tourism trends in India, conclusion

1. Tourism development

2. TDC came into existence in October 1966 and has been the prime mover in the progressive development, promotion and expansion of tourism in the country. Broadly, the main objectives of the Corporation are : To construct, take over and manage existing hotels and market hotels, Beach Resorts, Travellers’ Lodges/Restaurants; To provide transport, entertainment, shopping and conventional services; To produce, distribute, tourist publicity material; To render consultancy-cum-managerial services in India and abroad; To carry on the business as Full-Fledged Money Changers (FFMC), restricted money changers etc ; To provide innovating, dependable and value for money solutions to the needs of tourism development and engineering industry including providing consultancy and project implementation . The authorized capital of the Corporation is Rs 75 crores and the paid up capital as on 31.3.2005 was Rs 67.52 crores. 89.9748% of the paid up equity capital of the Corporation is held in the name of President of India.  INDIA TOURISM DEVELOPMENT CORPORATION (ITDC) INTRODUCTION

3. Tourism development is the process of establishing and maintaining a tourism industry in a particular location. At its most fundamental level, tourism development can be defined as the process of developing strategies and plans to increase/develop/encourage tourism in a particular destination .

4. 4 NEW TYPES OF TOURISM 1. Sustainable tourism People everywhere have been alarmed about the climatic conditions currently taking place all around the world and some tourism organizations are contributing their share of awareness regarding the subject. More and more people are being conscious about environmental health hazards and its impacts. People not only want to leave a long-term positive impact, but also contribute as much effort as they can to the local community when they are traveling. Many popular  hotels in Europe are becoming eco-friendly , giving travelers an opportunity to travel healthy - these are referred to as Ecotel Hotels.

5. 2. Food tourism Food tourism which is also known as culinary tourism, is the building block of any touristic destination or location that contributes to tourism. Food also represents the culture of a destination that delivers beauty and entertainment as their primary source of interest .  It is the collection of activities such as; vegetable farming, produce market, tasting sessions, etc. The rise of food tourism is trending rapidly and should be planned carefully and efficiently.

6. 3. Experiential tourism Experiential travel, also known as immersion travel, is a form of tourism in which people focus on experiencing a country, city or particular place by actively and meaningfully engaging with its history, people, culture, food and environment . Make wine in Bordeaux, cook street food in Vietnam and go hiking in Patagonia   are some of the famous examples of experiential tourism.

7. 4. Wellness tourism Due to increasing work schedules, and exhausting jobs, wellness tourism has become an escape route for many tourists. While wellness travel, referring to tourism promoting health and well-being through physical, psychological, or spiritual activities, has come into existence for a while, it’s only recently become massively popular . According to a travel column conducted by booking.com, 48% of travelers are willing to take holidays as a moment to “reflect and make better life choices”, and nearly 40% are interested in health or well-being travel experience

8. IMPORTANCE OF TOURISM DEVELOPMENT Tourism boosts the revenue of the economy, creates thousands of jobs, develops the infrastructures of a country, and plants a sense of cultural exchange between foreigners and citizens. The number of jobs created by tourism in many different areas is significant. Tourism is vital for the success of many economies around the world. There are several benefits of tourism on host destinations.   Governments that rely on tourism for a big percentage of their revenue invest a lot in the  Infrastructure of the Country. Tourism creates a  cultural exchange  between tourists and local citizens. Exhibitions, conferences, and events usually attract foreigners. 

9. ELEMENTS OF TOURISM DEVELOPMENT The five vital components of tourism system are   Attraction, Accessibility , Accommodation , Amenities Activities .

10. 7 Effective Promotion Ideas for Tourism Marketing Showing online banners Starting a blog or posting articles Thinking of social media marketing Using email newsletters Checking the contextual advertising and SEO Using tourist promo videos Applying offline promo

11. Registering a 13% CAGR as against 8% CAGR In 2006, India’s share had been 0.8% of the world market travel and tourism market. This share has risen from 0.6% in 2001, registering a 13% CAGR as against 8% CAGR for the world during the same period. Further, the WTO has forecast the Travel & Tourism Industry in India to grow by 8% per annum, in real terms, between 2008 and 2016. Foreign exchange earnings from tourism alone could show annualized growth of 14% during the same period . Current tourism trends in India In India, the industry's direct contribution to the GDP is expected to record an annual growth rate of 10.35% between 2019 and 2028. By 2028, Indian tourism and hospitality is expected to earn US$ 50.9 billion as visitor exports compared with US$ 28.9 billion in 2018.

12. Tourism is a major driver of economic growth globally . India's tourism industry is experiencing a strong period of growth, driven by the burgeoning Indian middle class, growth in high spending foreign tourist and coordinated government campaigns to promote 'Incredible India '. For a developing country like India which is on the path of modern economic growth through structural transformation of the economy, tourism is the right vehicle. With its forward and backward linkages with a host of sectors like transport, hospitality, education, health, banking etc. India is all set to reap full potential of this vibrant sector. CONCLUSION

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