Fiji Sun – 23rd Feb, 2019
The tourism industry is one of Fiji’s vibrant and important sector that has an impact on development for our nation’s economy.
We all know the many benefits that are associated with the industry—income creation and generation of jobs are at the very top of this list. But this is all possible through investment and infrastructure and tourists.
The Bureau of Statistics had released the provisional numbers showing that visitor arrivals for January 2019 totalled 63,807, an increase of 1.9 per cent compared to a year earlier.
Though a slow start but it’s a steady move indicating we can and should expect our numbers to increase into the peak months.
The importance of travel and tourism to a country or a region is the income it generates from the visiting tourists.
Tourists spend money on hotels, restaurants, sightseeing, museums and ticketed landmarks as well as purchasing items in local stores.
All of this generates sales tax revenue, and the increase in profit from the aforementioned businesses is of course also taxable. read more…