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Tourism, powerful vehicle for economic growth and job creation

What place does tourism in the world and in the life of every day ?
Madagascar, for the city of Majunga like so many other on the sides is one of the activities in deep development.
With the Hotel ★★★ gourmet restaurant Coco Lodge you can discover the wonders of this city and have a pleasant stay.

Tourism is a powerful driver of economic growth and job creation around the world. The tourism sector directly and indirectly represents (WTTC 2011) 8,8 % jobs around the world (258 million), 9,1 % of world GDP (6 $ million), 5,8 % of world exports (1,1 million dollars) and 4,5 % global investment (652 $ billion).
The World Travel and Tourism Council believes that this sector could create 3,8 million jobs (whose 2,4 million indirect jobs) sub-Saharan Africa over the past few years 10 next years.

Compared to other sectors, the main advantage of tourism is that tourist spending has a catalytic effect on the economy as a whole, particularly on production and job creation.

The construction of accommodation and tourist services creates jobs in the building industry. If the country is sufficiently developed, This investment can create local demand for furniture and furnishings, even in capital goods. Tourism also creates demand in transport, telecommunications and finance.

Consumption of local products in accommodations and restaurants and in markets, and increased non-accommodation spending by tourists stimulates demand for agricultural products, fisheries and food, light manufactured goods, such as clothing, handicrafts and goods and services from the informal sector.
Estimates of these expenses vary depending on local circumstances but are generally between half and double the cost of accommodation.

Tourism can also stimulate the development of small businesses in the associated sectors of production and services. In particular, tourism can form the economic fabric of regions whose development opportunities are limited to their cultural resources, natural (coastal or mountainous) or animal. But the catalytic effect of tourism on an economy and its multi-sectoral nature are also sources of complexity.

The success of tourism depends on many players, national and international, with a wide variety of interests, Including, in the majority of cases, foreign tourists.

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