Economic Aspects of Regional Tourism Development

Abstract

The chapter gives the example of different countries, how the development of tourism increased the standard of living of the local population and transformed poor rural settlements into luxurious and prestigious resorts. The development of tourism in the mountainous regions of Georgia has great potential, which is caused by the variety of tourist resources. Economic revitalization of mountainous regions becomes possible through tourism. Based on the tourism development trends of the last five years, the number of tourists flowing in the highland regions has increased significantly, which has increased the demand for access to various economic activities. Local residents have started to convert their houses into guesthouses, and some have started to engage in the adjacent tourism sectors.