Pros and Con of Caribbean Tourism - 2651 Words

Tourism is one of the fastest growing and most heterogeneous industries in the world. It is vital to the survival of many Caribbean islands as it is the pillar of their economy because it provides a vast amount of employment opportunities for locals as well as constantly pumps foreign investment and expenditure into the region, among other benefits which will be highlighted. However, like most actions in life, there are pros and cons, tourism is no different. It is a very controversial topic because on one hand it helps sustain economies but, on another it negatively impacts on the natural environment and culture of the region. This leads to the big question that has been asked many times, â€Å"Is tourism worth it?† This essay seeks to answer†¦show more content†¦As a result of tourism, Caribbean governments invest sufficiently in the infrastructure necessary to keep tourism afloat such as the large international airports, roads, sewage treatment plants and electrici ty and telecommunication facilities etc. This development is beneficial to both tourists and locals alike. Foreign investment is another aspect that is essential to the development and maintenance of tourism facilities in the region as the government can only do so much. Tourism requires a lot of capital and investment because of this Caribbean governments gratefully accept foreign direct investment into the region as they do not have the monetary capacity of doing it alone. Large world class franchises such as Hilton, Marriott and Ritz Carlton have invested into the regions’ hospitality sector bringing with them not only the highest quality product but also their world-renowned brand which in its self is beneficial to the region’s tourism industry. Caribbean governments also gain revenue from the corporation and council taxes that foreign investors are required to pay. Tourism also provides a vast amount of employment opportunities for locals, research has shown that tourism related jobs whether direct, indirect or induced account for more than 25% of jobs for the Caribbean. The many jobs created by tourism helps in reducing the unemployment rate and in turn increase the Gross Domestic Product and helps in further developmentShow MoreRelatedEssay about Nuclear Waste Disposal1478 Words   |  6 Pageswaste because of what has happened at Chernobyl. 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