Strive For Higher Tourism Growth

There is no denying that tourism is one of the main sectors supporting Nepal’s economy. The contribution of tourism to the country’s gross domestic product (GDP) is believed to hover only around six per cent. However, this is the second largest source of foreign exchange earnings of the nation after the remittance sector. Tourism’s significance also lies in the fact that it contributes to creating employment opportunities and assisting varied supplementary industries. It is cheering that the nation’s tourism industry has kept bouncing back gradually over the past three years following the disappearance of COVID-19. The country’s tourism business suffered an unprecedented setback in 2020 and 2021 with a drastic fall in visitor arrivals. Lockdowns and other restrictions imposed to check the transmission of the pandemic had devastative impact on every sector, especially the tourism business.