Expansion of the Hospitality Industry – Maldives and the Shifting Market


Firstly, let’s recap the successes of Macau. Like any other country, Macau has greatly increased its revenues through the promotion of tourism, especially since it has opened its doors to the gambling industry. Right now, Macau is considered as the gambling capital of Asia, one that rivals Las Vegas, the gambling capital of the world. Because of Macau’s success, it is not surprising to see other countries rise to the challenge and improve their financial conditions through the promotion of tourism, and one such country is Maldives.

The country’s tourism board has had a difficult start, what with natural disasters always threatening the tourism industry. Take for example what happened on the fateful December 26, 2004 tsunami. The deadly tsunami struck Maldives and has claimed a great number of lives, and along with the lives lost, tourism revenues were also lost. It did not help that many countries warned their citizens against visiting tsunami-prone areas, and with Maldives’ relatively late start on capitalizing on the tourism industry, the warning spelled disaster for the country. A big helping hand was extended by the World Tourism Organization though as the committee helped fund tsunami-stricken countries, Maldives included, get back on their feet.

Read the rest of the article @ http://prochef360blog.com

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