Economic Aspects of Ecotourism: A Qualitative Analysis

Abstract

In the past few years, tourism has become one of the most popular sectors of the economy worldwide and its contribution to the economy is very noticeable. Tourism is one of the most fast-growing sectors, which contributes to the world's GDP is very cabalistic. There are different types of tourism which are very popular all over the world and many of them are contributing to the world's economy very actively. Ecotourism is one of the popular types of tourism which is expanding in recent times and has become one of the popular economic sectors and its contribution to the economy is growing day by day. This paper ascertains ecotourism and the defensible benefits from developing ecotourism for business purposes. Though it's expanding in recent times but building a sufficient market for ecotourism was not that easy to make it economically stable. As we know whenever we think about promoting the development of anything the market analysis should be undertaken and the same goes for ecotourism. Ecotourism can have some hostile impacts on the environment so care is needed to avoid these negative impacts so that economy can get ample economic benefit from the development of ecotourism. Secondary data used for the design of this study is collected from various sites on the internet.