It is no secret, the magnitude- 7.8 earthquake has devastated Nepal. The death toll has surpassed 7,000 and many of the country’s historic monuments and temples have been destroyed. Relief efforts are pouring in, but to help Nepal rebuild and sustain it’s culture is going to prove to be difficult when the country’s vital tourist industry has taken such a major hit, adding fuel to the fire set on Nepal’s Economy.
According to Nepal Earthquake 2015: Aftershocks Devastate Nepal’s Tourism Industry, Everest, Unesco Sites, International Business Times, “In the short term, Nepal is going to see its tourism fall to near zero levels,” travel industry analyst Henry Harteveldt told International Business Times by phone. “The devastation appears to be so widespread and extensive, it’s understandable.”
Physical aide and food are a primary concern immediately following any natural disaster. However, the initial relief efforts eventually taper off and what helps the affected economy rehabilitate? For Nepal, the tourism industry is going to be a major component in the rehabilitation of their economy.
“More than 8 percent of the country’s $19.29 billion GDP in 2013 came from its tourism industry, the World Travel and Tourism Council reported. Foreign exchange earnings from tourism accounted for about 20 percent of the country’s export earnings in 2013, Nepal’s Ministry of Culture, Tourism and Civil Aviation said.”
That is roughly 1.5 billion dollars afforded to Nepal’s economy by the tourism industry. Nepal is going to need aide in rebuilding tourist attractions and accommodations in order to rebuild their economy as a whole. This is the kind of help that does not always provide instant gratification, but gratification as the country in rehabilitated brick by brick.
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