Name: Greg Brick
gdbrick123@yahoo.com
(716) 725-2828
Name: Sunil Adhikari
trekbookings@nepalliontrekking.com
(716) 725-2828

Tourism potentials in Nepal for Entrepreneurs

Tourism potentials in Nepal

 

Firstly, Nepal has always been a tag of possibilities and Tourism potentials in Nepal. Secondly, Nepal has the potential to be among the top attractions on the global tourism map. Further, it has strong prospects to be the top destination in South Asia. The tourism industry in Nepal is the Backbone of the Economy. Tourism is an emerging global phenomenon that enhances world travelers to explore the wonders of the world.

 

Nepal is also being an integral part of a global system of tourism cannot escape benefiting from this emerging field. Nepal as a Himalayan nation has enormous tourism prospects. The Himalayan state can make remarkable progress in the field of tourism. But, unexplored regions of Nepal need to be identified along with popular tourist destinations. As one of the world’s largest economic sectors, travel and tourism creates jobs, drives exports, and generates prosperity across the world.

 

So, it will make a real difference to the lives of millions of people. As a result, growth, reducing poverty, and fostering development will be at their peak. According to the World Travel & Tourism Council’s (WTTC), annual research in 2019 shows travel and tourism is one of the world’s booming industries. Tourism has become one of the main income sources for many developing countries like Nepal.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How Tourism potentials in Nepal is growing?

 

According to Lonely Planet and Tripadvisor Nepal has been ranked as the top tourist destination in the world for the year 2020. These facts reveal that many places in Nepal could fascinate tourists from around the world. Nepal has great potential to become a top destination for tourists as the nation is famous for its snowcapped mountains, abundant flora and fauna, exciting trekking routes, and rich cultural and religious diversity.

 

Tourism is one of the most dynamic and fastest-growing sectors throughout the world. It holds the key to economic growth, employment generation, and poverty alleviation for the majority of the world population. However, despite the vast potentials, the market share of international tourism in the developing world is still very low. The tourism sector holds immense potentials for the Nepalese economy that can provide impetus to other sectors through backward and forward linkages.

 

Nepal Tourism possibilities

 

Tourism will be a ray of hope for the neglected segments of society and its people. It has the potential to be an engine and dynamo for the Nepalese economy. However, considering the huge potentials for tourism development backed with a pristine natural environment, abundant wildlife, and rich culture and traditions, tourism development in Nepal is far below expectations.

 

Tourism development has engaged in building a development strategy for socio-economic transformation, social justice, and rapid economic progress.  Further, the prosperity of the country along with the epochal change in the state structure has brought new implications in the form of opportunities and challenges in all economic sectors including tourism.

 

 

 

 

 

 

 

 

 

 

 

 

 

In addition to foreign tourists, there is an increasing trend of internal tourists visiting different parts of Nepal. So, Nepal is capable of transforming the overall socio-economic status of the country. For instance, given the growing commotion of people, lured by the natural, cultural, historical, and ethnic diversity

 

Tourism activities

 

Some of the major tourism activities in Nepal are mountain climbing, trekking, paragliding, rafting, bungee jumping, mountain flight, rock climbing, mountain biking, jungle safari, rock climbing, bird watching, and sightseeing. Hence, the use of local products and skills plays a pivotal role in promoting tourism that can lead to the economic prosperity of the country. Nepal holds great potential for tourism development, which can stimulate economic growth and development.

 

For Nepal, tourism is the main instrument for regional development with a positive economic impact on income, employment, and production. In recent years, there has been exponential growth in the number of travel agencies, tour guides, tour operators, rafting agencies, and trekking agencies. However, tourism may also harm the environment. For sustainable tourism development, there should be optimum utilization of natural resources and minimization of ecological, cultural, and social impacts.

 

Additionally, there is a need for conducive policies and strategies by the government that will help improve the livelihood of the local communities through balanced and sectoral tourism development. The government has formulated policies and allocated a budget of Rs 2.68 billion for FY 2019/20 to support the tourism sector in developing infrastructure and encouraging environment -friendly tourism activities. Additionally, the government has allocated Rs 15.85 billion to the aviation sector for the development of the domestic and international tourism sector.

 

Many research studies conducted worldwide show that tourism development spurs economic growth. This calls for collective efforts and collaboration among all the stakeholders in formulating amicable policies and strategies to develop the sector that will contribute to achieving higher economic growth.

 

Visit Nepal 2020 Campaign

 

 

Tourism is not only a major economic sector of Nepal but also an area with immense potentiality. The Visit Nepal 2020 must not be viewed as a campaign only; it should be recognized as a national development strategy. Moreover, ownership of the VNY 2020 across the nation, citizens, and the stakeholders of this industry can support it fully. For example, VNY 2020 will target doing right from the airport to every touchpoint that a visitor to Nepal experiences. Above all, it must be converted to the best possible hospitality.

 

This can be achieved only when every citizen engages in the campaign. Our country is exceptionally gifted in nature, culture, and heritage. Many of our beautiful locations are yet to be explored and accessed. Visit Nepal 2020 is Nepal’s commitment to improving its competitiveness through investment, innovation, infrastructure development, and regulatory reform.

 

Also, new product offerings, environment & wildlife conservation are a greater concern. VNY 2020 targets greater efficiencies and excellence in service standards to develop the tourism industry. So, it will be a key economic development strategy of the country.

 

How Visit Nepal 2020 will act?

 

The VNY 2020 will act as a catalyst for the government agenda. It will help to recognize and accelerate the development of the tourism industry. Also, in the years to come, the government will create ease of doing business for investors and stakeholders. Likewise, incentives and subsidy provisions, supportive policies, political stability, and sound governance will work side by side. VNY 2020 is prioritizing investment in infrastructure and promoting the industry’s sustainability.

 

Further, it will ensure the systematic development of new and creative business models. But, it will notice on adapting to technology and how the world travels. As the tourism sector expands and changes, Nepal must retain its importance. For instance, it should act as a lifetime destination of this important global industry.

 

Admit this, the government has signed an agreement with the Non-Resident Nepali Association to promote the campaign in foreign countries. In cooperation with NRNA, the government is holding a ‘Send one foreign friend to visit Nepal’ campaign. The government has also appointed international celebrities as brand ambassadors of the campaign.

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