What is the sectorial opportunity in tourism?

Nepal offers a unique comparative advantage for profitable investment in diverse areas of tourism, namely, adventure, cultural, religious tourism, and MICE (meetings, international conferences, and events). Nepal has seen consistent growth rates in the incoming tourists due to the booming outbound market of emerging and neighboring economies. There lies the tremendous potential to cater to high-end tourists and promote organized mass tourism. In addition, Nepal aims to promote large scale tourism activities in the future as well. The private sector has a huge opportunity to fill in the infrastructure gap essential for tourism development.