Kenya Tourism Industry

By: EconomyWatch   Date: 30 June 2010

About The Author

EconomyWatch

The core Content Team our economy, industry, investing and personal finance reference articles.

EconomyWatch, Content Team

 

  • Dot Div
  •      

Kenya Tourism Industry boasts of unparalleled services and travel facilities as per the International standards. Kenya tourism industry is the prime revenue earner and plays an important role in the economic development of Kenya. As Kenya boasts of picturesque beaches and varied wildlife, an individual traveling to Kenya can experience the best of both worlds-land and sea. Kenya tourism industry is always working on the travel policies and strategies to better the tourism standards. Infrastructure coupled with love for wildlife has prompted Kenyan tourism to move ahead. Kenya tourism industry offers tourism services in harmony with other tourism related industries to suit the needs of every individual.

Status of Kenya tourism industry in the global market:

It is assumed that tourism in Kenya in the year 2007 will yield as much as $3842.2 million. Kenya tourism industry generates employment opportunities for many. An estimated 509000 job openings are expected to be open up for many in the year 2007. Contribution to the GDP is expected to be 11.6%. It is reckoned that growth in the Kenya tourism industry will move up by 8.6% in the year 2007.

Tourism Satellite Accounting (Kenyan tourism)

The tourism satellite accounting tool helps in analyzing the effect of travel and tourism in Kenya on the national economy. Several factors help to estimate the profit earned from the Kenya tourism industry. The demand in the Kenya tourism industry activity is ascertained to bring in approximately USD 7,060.3 billion in 2007. This amount is expected to grow to USD 13,231.6 billion in the year 2017. Growth in the Kenya tourism industry is estimated to take place at 4.3% annually in 2008 through 2017.

Global position of Kenya tourism industry:

Kenyan tourism industry occupies the 88th position in the global tourism industry. Contribution of Kenya tourism industry in the global economy is graded at the 74th position. With regard to a ten year growth Kenyan travel industry can be stratified at the 140th position.ience the joy of this Asian country.


  • Dot Div
  •      

Most Popular in Travel and Tourism Industry

Related Links
blog comments powered by Disqus