Development of tourism services and employment perspectives : a case study

Abstract

Purpose: The main aim of this article is to show the positive impacts of the tourism industry on economic development. It is based on mathematical- statistical analysis demonstrating positive trends for the development of the field. Design/Methodology/Approach: Using 6 years of data, from 2010-2016 regarding the tourism development of the state of Georgia, it is possible to identify a forecast for the future tourism development and its impact on national economy. Findings: The direct share of the tourism industry in employment would increase from 6 to 9% and revenues could reach up to 3 billion Gel. Moreover, the econometric results shows the tourism industry's influence on main indicators such as tourist flows and direct share in total GDP. Practical Implications: Some findings can be implied as a base for the future development of the field. Originality/Value: The state of Georgia is trying to develop the tourism industry by using many resources to achieve this goal. However there is a lack of statistical information for the future development needs or expectations. Statistical forecast could be a good precondition to pursue the goals established by the government.