Tourism and travel employs more than 112 million people worldwide or about 1 in 15 employees. Travel and Tourism invests more than 350 billion dollars a year in a new facilities and capital equipment of 7.3% of worldwide capital investment. Travel and Tourism provides more than 278 billion dollars in world trade receipts. Travel and Tourism contributes 300 billion dollars in direct, indirect and personal taxes each year more than 6% of total tax payments. Travel and Tourism is growing faster than the world economy in terms of output value, capital investment and employment. Tourists buy a mixture of products a collection of goods and services also utilization of the area’s natural and cultural assets. The traveler moves to the goods and services offered by the goods and services offered by the industry rather than having the firms move their output to the consumer; this is one of the special characteristics of tourism. The group of firms that provide goods and services to represent the supplies of the tourist industry. These firms may be local, national, or international in scope. Tourism helps to economic and social wellbeing. This Article explains the tourism how to impact the socio-economic development in the society of Kumbakonam.

Employment, International, Communicate, Mahamaham, Excursion