The business of providing tours and services Tourism share: Tourism share is the share of the corresponding fraction of internal tourism consumption in each component of supply (TSA:RMF 2008, 4.51). Tourism Industry BIBLIOGRAPHY Leisure tourism has long been a pursuit of the wealthy, but it is only since the 1980s that the majority of the population has become involved, either as tourists or as workers catering for their needs — a phenomenon that has raised tourism to the position of one of the world ’ s largest industries. Hospitality and Tourism is a Collective Industry Hospitality and tourism is a massive, collective industry consisting of tourism and other hospitality-related businesses. The Tourism Industry: An Overview September 2017 DOI: 10.1007/978-3-319-49849-2_1 In book: Travel Marketing, Tourism Economics and the Airline … Tourism industry synonyms, Tourism industry pronunciation, Tourism industry translation, English dictionary definition of Tourism industry. tourism definition: 1. the business of providing services such as transport, places to stay, or entertainment for…. n. 1. Learn more about both travel and tourism, and the industries based on those activities. Meaning of Tourism - understanding tourism with an example Let us take example of those above terms to explain little more clearly, what is tourism and what tourism means. Tourism companies are technically considered hospitality businesses because they rely on strong customer service to generate revenue. For each industry, the tourism share of output (in value), is the sum of). Learn more. What is difference between the travel and tourism industry? Industrial tourism is tourism in which the desired destination includes industrial sites peculiar to a particular location. The practice of traveling for pleasure. Let's say that you are going to have holidays, vacations or perhaps a long weekend and you plan to spend it somewhere else and have fun, and not just sit at home all those days. According to the International Air Transport Association, $400 billion USD of that is generated by the airline industry, which transports more than two billion passengers a year. 2. These examples are from corpora and from sources on the web. In modern times, the tourism industry is a $1 trillion US Dollar (USD) a year business.