Management of Inbound Tourists for Economic Benefits: The Case of Bangladesh

Abstract

Proper management of the tourism sector is one of the ways to raise inbound tourists’ arrival in Bangladesh which may raise national income. The study has been undertaken to scrutinize effective and efficient utilization of management processes of tourism sector to raise national income through which macroeconomic sustainability over the time period of the country can be enhanced. Time period of the study is from June 2011 to October 2011. The study found that from quantitative analysis and qualitative analysis the country, still it has larger chance to develop and be a focus for tourism sector. Authors’ observed that many countries of the world are now dependent on tourism sector for foreign currency earnings. But Bangladesh is lagging behind, and tourism sector will have to develop through taking contingent planning for different sub sectors and improvement of management is obligatory. Authors suggested that for attaining core competencies in the tourism sector, SWOT analysis along with confrontation matrix, PESTEL analysis and VRINE model should be used in developing managerial skill of the country.