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Tourism tops revenue generation

Kathmandu, 27 May: Nepal’s tourism sector generated Rs240.7 billion in revenue and supported more than 1.05 million jobs directly and indirectly last year, according to the annual World Travel and Tourism Council research report. The London-based organisation said that travel and tourism’s total contribution to the country’s gross domestic product stood at 7.9 percent last year, up 3.6 percent.

This primarily reflects the economic activity generated by industries such as hotels, travel agencies, airlines and other passenger transportation services, excluding commuter services. It also includes, for example, the activities of the restaurant and leisure industries directly supported by tourists, reports The Kathmandu Post.

People’s News Monitoring Service

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