Tibet rakes in USD 3 billion from tourism

Image
Press Trust of India Beijing
Last Updated : Sep 27 2015 | 12:42 PM IST
Over 14.3 million tourists visited Tibet in the first eight months of 2015 raking up a revenue of USD 3 billion for the remote Himalayan region bordering India.
The tourism has generated 19 billion yuan (USD 3 billion) for the Autonomous Province in tourism revenue, Tourism Development Commission said.
The May to October period is high tourism season for Tibet, and a big influx of visitors are expected during the week-long National Day holiday which begins on October 1.
Tibet will hold a 3-day tourism and culture expo from tomorrow, which will be attended by representatives of companies from countries like 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, state-run Xinhua news agency reported.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 27 2015 | 12:42 PM IST

Next Story