Traditional Culture Encyclopedia - Tourist attractions - Why is the tourism industry a capital-intensive industry?

Why is the tourism industry a capital-intensive industry?

Capital intensive industry, also known as capital-intensive industry, refers to industries and departments that require more capital investment. In capital-intensive industries, capital costs account for a larger proportion of unit product costs compared with labor costs, and each worker occupies a higher amount of fixed capital and circulating capital, such as the metallurgical industry, petroleum industry, machinery manufacturing industry, etc. Heavy industry.

Capital-intensive industries are mainly distributed in basic industries and heavy processing industries, and are generally regarded as an important foundation for developing the national economy and realizing industrialization.

The tourism industry has invested heavily in the renovation, management and advertising of scenic spots.

Therefore, it is also considered a capital-intensive product