Tourism is one of the fastest growing sectors in the world contributing more than 10% of the total world’s GDP (Page and Dowling, 2002). The tourism industry contributes immensely to economic development and growth in both developed and developing nations in the world leading to creation of jobs in different tourism subsectors. Tourism has proved that it is a crucial economic driver as well as a social developer as it helps in generation of foreign earnings, creation of incomes, and creation of employment to both the skilled as well as unskilled laborers both in urban and rural areas of a nation. In various developing countries, tourism plays a crucial role in achievement of millennium development goals especially on eradication of poverty, hunger as well as promotion of gender equality and empowering women. It has been established that small countries are able to grow fast economically due to specialization in tourism.