The benefits of Travel & Tourism spread far beyond the direct Economic & Employment impacts, with indirect benefits throughout the entire Supply Chain and Interlinkages to other Sectors.
Most Tourism Investments can act as a Catalyst for Small Businesses because it will create direct & indirect demand for products/services from the tourism development value chain
All Tourism Developments will directly create various business opportunities for Micro-sized, Small-sized & Medium-sized Enterprises (MSMEs).
STAKEHOLDERS in the African Tourism, Hospitality, Leisure Investments and Developments can include many MSMEs such as the following:
- Developers [Real Estate]
- Investors [Private Equity]
- Investors [DFIs, Investment Banks & Investment Institutions, Trusts/REITs, Other Funds, etc.]
- Hotel Operators, Hotel Managers
- Hotel Chains [Franchisors]
- Hotel Owners [Real Estate]
- Land Owners
- Local Communities [i.e. Community Conservancies]
- Local Authorities & Governments
- Tourism Value Chain & Suppliers [Numerous e.g. Agriculture & Manufacturing etc.]
- Consultants & Advisory Services
- Tour Operators
- Travel Agents
- Tourism Departments & Ministries etc.
- Transportation & Logistics
- Construction & Facilities Management
- Information Technology & Telecommunications
WTTC; Tourism is expected to contribute $269 billion to the GDP of the Africa continent and create ±29 million new jobs by 2026!
See more information about TOURISM STAKEHOLDERS on the TIDIA.world site: Investments – TIDiA – TOURISM & HOTEL DEVELOPMENTS & INVESTMENTS in AFRICA
