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Definition: GDP measures the total economic output of a country. Relevance to Tourism: This indicator reflects tourism's contribution to the national economy. The higher the tourism-related spending, the more significant its impact on GDP.

Definition: The employment rate is the percentage of the labor force that is currently employed. Relevance to Tourism: A thriving tourism sector can create jobs and increase the employment rate, especially in service-based economies.

Definition: CPI measures changes in the price level of a market basket of consumer goods and services. Relevance to Tourism: A rising CPI can indicate inflation, which may make a country less attractive for tourists due to higher costs.

Definition: Tourism Balance measures the difference between the money tourists spend in a country and the amount spent by residents traveling abroad. Relevance to Tourism: A positive balance indicates that tourism is a net earner of foreign currency, which is favorable for economy.

Definition: FDI is the investment made by a firm or individual in one country into business interests in another country. Relevance to Tourism: FDI can fund tourism infrastructure development, such as hotels and resorts, which can enhance a destination's appeal.

Definition: Exchange rates measure the value of one currency for the purpose of conversion to another. Relevance to Tourism: Favorable exchange rates can increase inbound tourism by making the destination cheaper for foreign tourists.

Definition: Hotel Occupancy Rates measure the percentage of available rooms that are occupied. Relevance to Tourism: High occupancy rates indicate high tourism demand, which can contribute significantly to local economies.

Definition: Tourist Arrivals are the number of visitors that come to a country or region. Relevance to Tourism: It is a direct measure of the tourism activity and the attractiveness of a destination.

Definition: ADR indicates the average revenue earned for an occupied room per day. Relevance to Tourism: High ADR suggests tourists are willing to spend more on accommodation, indicating a potentially prosperous tourism economy.