Tourism is an impressive economic driver that brings many advantages to host cities. But it also creates several negative effects, which must be managed carefully in order to reap maximum economic returns from tourism investment.
Europeans in white bath robes stroll across the marble lobby of a luxurious hotel on Tunisia's island Djerba, signaling that its long-ailing tourism industry may finally be beginning to recover since last year's revolution in Libya.
Local Employment
Casinos like https://dragon-kingdom-casino.com/ not only create direct employment for gaming attendants, hotel workers and casino suppliers but they also generate indirect employment through tourism expenditures that generate indirect jobs in local businesses serving this industry, such as restaurants, transportation firms and marketing firms.
Europeans in white bath robes stroll slowly across the marble lobby of a luxurious hotel on Tunisia's sun-drenched island of Djerba while speaking French, German and English in conversation with one another. While some might be Tunisians seeking refuge from turmoil at home, many others could be Libyans fleeing uncertainty back home.
Tunisia's industrial economic structure can be summarized as follows: (1) an array of offshore export companies concentrated in coastal urban regions and (2) an ineffective inland system located mainly within marginalized interior rural regions. This pattern of regional development further links rural poverty to industrial diversification issues.
Taxes
Tourism could bring Tunisia much-needed foreign currency, which has seen its economy expand at an impressive 2.2 percent this year but struggle to remain sustainable due to global financial issues. Tourism makes up more than half of Tunisia's foreign exchange earnings but visitor numbers dropped precipitously during COVID-19 pandemic, hindering growth significantly.
The government plans to explore new markets for tourists, targeting Asia and America to offset European visitors' reduced spending. The ministry recognizes they must diversify away from beach tourism which attracts budget travelers but does little to assist central cities where unemployment levels remain high and rioting frequently takes place.
Taxes in Tunisia are administered by the General Directorate of Public Accounts and Debt Collection (Direction Generale de Comptabilite Publique et du Debit, DGCPR). Income tax is collected on individuals as well as legal entities established within Tunisia; non-resident natural persons renting properties within Tunisia incur an additional social logging tax of 2% on rental income.
Tourism Spending
Tourism in Tunisia is an important source of foreign currency income and employment. Accounting for about 7% of its GDP, tourism includes activities at restaurants, hotels, festivals, museums and religious sites.
After the 2011 Revolution that toppled veteran dictator Zine al-Abidine Ben Ali, tourism industry had been experiencing difficulties since 2011. Visitors have fallen and tourism revenues decreased. But this sector now seems promising.
As the government seeks to fill a hole in public finances that has resulted in shortages of food and medicine, it has also taken steps to revitalize Tunisia's tourism economy, which provides more jobs than oil production. With incentives including free admissions to museums and parks and special loans for businesses in this sector - an active tourist season could reduce import dependence while alleviating strains on Tunisia's currency, dinar.
Tourism Development
Many countries rely on tourism to develop their economies and provide jobs for local people. Tourists also help preserve natural resources and cultural traditions. Unfortunately, tourism also comes with some downsides; coral reefs may become damaged from snorkelling and diving activities in some locations and waste and pollution from tourists may adversely impact water, air, and land quality.
Due to Libya's ongoing civil war and concerns that Tunisia's Islamist Ennahda party may seek to Islamise society, tourist confidence has taken a hit. Yet Tunisia has made efforts to attract high-end tourism with projects like its luxury hotel village in Tozeur.
Since gambling is not legal for citizens of Tunisia, land-based casinos can only be enjoyed by foreigners. Thankfully, online casinos allow Tunisian gamblers to experience all of their favorite casino games without leaving home; moreover, these secure sites boast an extensive variety of casino games!
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