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Tibet Earns $3b From Tourism

Tibet Earns $3b From TourismTibet Earns $3b From Tourism

Over 14.3 million tourists visited Tibet in the first eight months of 2015, raking up billions of dollars in revenues. Tourism has generated 19 billion yuan ($3 billion) for the remote Himalayan region bordering India, Tourism Development Commission said, according to NDTV. The May to October period is high tourism season for Tibet and a big influx of visitors are expected during the weeklong National Day holiday that begins on October 1. Tibet will hold a three-day tourism and culture expo on Monday, which will be attended by representatives of companies from India and Nepal as well as other provinces of China. Tourism is a pillar industry in Tibet, with revenue accounting for about one fifth of the region’s GDP. The region aims to attract 17 million tourists this year, Xinhua news agency reported.

Financialtribune.com