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ID number:623620
 
Evaluation:
Published: 07.12.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Let is be known that tourism usually represents a little over 50 % of direct investments by developing countries. In a variety of countries and regions (Egypt, Greece, the Caribbean, Polynesia), tourism is already the most important economic sector and provides the principal boost for development. Economic growth for tourism in the world is expected to grow by 3.8 % by the year 2010. Some projections estimate that the actual number of tourists should triple by the year 2020. Predictions are based on the aging of the world's population, combined with the increase in free time, more permeable geographic frontiers, decreasing transportation costs, and electronic communications. Tourism has one of the brightest futures in the different investments around us today.
For the longest while during the 80s and the early 90s it seemed that the future for Egypt would be the tourism industry. …

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