Pakistan, July 16 -- Pakistan's tourism industry has a great potential for growth in the coming years, with many new infrastructures, attractions, policies and incentives being formulated and implemented. We believe the tourism industry would continue to flourish as one of the nation's vital supporting economic pillars.
We have to be cognizant of the fact that challenges in the global travel and tourism industry would continue to increase. We foresee a greater competition for the global tourism dollar, in addition to the threat of natural disasters, volatile economic trends as well as changing travel patterns and preferences, which could affect this industry.
Though vulnerable, the tourism industry is also resilient and has always managed...