Tourism, called the “CC phenomenon of the century”, began to develop especially rapidly after the Second World War. According to the WTO, more than 600 million people travel around the world every year, and revenues from international tourism amount to about 470 – 480 billion US dollars. This is about 12% of the global gross product. According to experts, by 2020, tourism revenues on a global scale will reach almost three trillion dollars
According to various analysts, the development of international tourism is based on the following factors:
- The improvement of all modes of transport has reduced the cost of travel.
- Increase in the number of hired workers and employees in developed countries and increase their material and cultural level.
- The intensification of labor and the receipt by workers of longer vacations.
- The development of the service sector stimulated the development of the transportation sector and technological progress in the field of telecommunications.
- Easing restrictions on the export of currency in many countries and simplifying border formalities.
The importance of tourism in the world is constantly increasing, which is associated with the increased influence of tourism on the economy of a particular country. In the economy of a particular country, international tourism performs a number of important functions:
- International tourism is a source of foreign exchange earnings for the country and a means to ensure employment.
The development of international tourism leads to the development of the country’s economic infrastructure and peace processes. Thus, international tourism should be considered in accordance with the economic relations of individual countries.
International tourism has received the greatest development in Western European countries. This region accounts for over 70% of the global tourism market and about 60% of foreign exchange earnings. Approximately 20% is in America, less than 10% — in Asia, Africa and Australia