Talent Management

Topics: Tourism, Bangladesh, Types of tourism Pages: 20 (6126 words) Published: June 24, 2013
Research Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol 3, No 1, 2012

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An Evaluative Study on Tourism in Bangladesh
Rajib Kanti Das* , Jaba Chakraborty Faculty of Business Administration, BGC Trust University Bangladesh, BGC Biddyanagar, Chandanaish, Chittagong, Bangladesh: Mobile: 8801716-101740 * E-mail of the corresponding author: rajibkantidas@hotmail.com Abstract Tourism is one of the most promising sectors for Bangladesh with her huge natural beauty, heroic historical background and archaeological resources. This research has identified whether the contribution of this sector is significant to total GDP of Bangladesh and its future prospects as research problem. It has served the objectives of assessing different aspects of tourism with point to point analysis. Secondary data supplied by Bangladesh Economic Review 2010, Bangladesh Parjatan Corporation and World Travel & Tourism Council have been analyzed with some simple statistical tools. Recommendations are made for development of infrastructures, diversifications of tourism form and establishment of Public Private Partnership (PPP) in tourism sector. Keywords: Tourism, GDP, Service, Infrastructures, PPP 1. Introduction Bangladesh is a country of natural beauty. She is blessed with endowment of almighty. A paper by Majbritt (2010) argues that the six (at present 7) Bangladeshi Division offers both individually and combining a variety of natural and cultural destinations suitable for tourist attractions. The duty of proper authority is to make it handy for the interest group both from home and abroad. Mere some initiatives can prove all these potentialities as a fruitful dream. Proper nurturing of natural beauty can attract people from across the world. This can be a major contributor in Gross Domestic Product (GDP) of Bangladesh. Tourism offers immense potentiality for employment generation, poverty alleviation and maintaining ecological balance. It is relatively a modern phenomenon, which plays an intensely important role in the economic development of any country. According to World Travel & Tourism Council (2011), while economic growth going forward faces many challenges – as both governments and the private sector in many developed economies seek to reduce their debts, and as the prices of oil and other commodities rise – the Travel & Tourism industry is still expected to be one of the world’s fastest growing sectors. Emerging economies, in particular, are expected to be increasingly important engines of such growth, boosting both international travel and also generating increasingly vibrant domestic tourism sectors. As the economy of Bangladesh is growing one, her dependency should be diversified to reduce risk. Some well established and revenue contributing sectors like tourism is a burning necessity. Present status of tourism in Bangladesh and its prospect as a contributor in GDP are the research problems .Moreover World Travel & Tourism Council (2011) claims that the direct contribution of Travel &Tourism to GDP is expected to be BDT184.4bn (2.3% of total GDP) in 2011, rising by 6.3% p.a. to BDT339.2bn (2.3%) in 2021 (in constant 2011 prices). To maintain a sustainable growth in tourism, its present contribution and future prospects could be experimented. 2. Rationale of the Study Bangladesh is a country of good prospects for tourism. Bangladesh Economic Review (2010) states that Bangladesh has basically three sectors of generating revenue: Industry, Agriculture and Service. Tourism is a part of service sector which is contributing a major part of total GDP of Bangladesh. Though the contribution of tourism in GDP is only 7% (Table 1) in 2004-05, it has increased to 9.44% (Table 1) by the year 2009-10. This simple data could be helpful to understand how promising the sector is for Bangladesh. In this country, the scope of nature based tourism, research based tourism, culture based tourism, and...

References: Majbritt, T. (2010), Eco-Resort for Sustainable Tourism, The Daily Star, April 29.
Shakilah. (2011), All About Tarnasport in Bangladesh, Bangladesh Talks, [Online http://bangladeshtalks.com/2011/06/all-about-transport-in-bangladesh/, accessed 15 Nov. 20112]. at
Shamsuddoha, M
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Research Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol 3, No 1, 2012
Research Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol 3, No 1, 2012
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