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total exports. Travel & Tourism investment was USD814.4bn, or 4.3% of total investment<br />

(WTTC. World, 2015).<br />

Tourism market has become global, as a result new opportunities for the development of<br />

international tourism, for the diversification of the tourism product, for increasing<br />

awareness about the possibilities of tourist choice among tourism products, for the<br />

expansion of opportunities of free movement around the world, and so on has aroused.<br />

International tourism contributes to the formation of a new type of spatial relations and<br />

contributes to cultural enrichment of countries and nations.<br />

In recent years, international tourism has a tendency of spatial concentration and change in<br />

the motion vector of tourist flows. In 1950, the 15 leading countries in the export of travel<br />

accounted for 97% of the global travel market, their share dropped to 80.6% in 2005 and<br />

amounted to 79.6% in 2013. In 2005, the share of 15 leading countries for travel imports<br />

amounted to 85.3%, in 2013 - 82% (WTO. Statistics).<br />

Against the background of the importance of tourism in the global economy, there is a<br />

natural question about the role of Georgia in the global tourism market. Georgia is a small<br />

country and its presence in the global market mainly depend on the size of the economy,<br />

tourist attraction, taking into account the best international practices and modern trends in<br />

tourism development.<br />

Currently, tourism in Georgia is a priority sector of the economy, which resulted in increased<br />

flow of foreign tourists. Georgia has become attractive for summer holidays, and as well as a<br />

winter resort. It has the objective prerequisites for more active access to the world tourism<br />

market. The basis for the rapid development of tourism in Georgia are the variety of natural<br />

resources, historical and cultural heritage, but this tourism potential is poorly researched<br />

and used. For Georgia, the international tourism becomes a source of foreign exchange<br />

earnings, job creation without major funding, small business development, and increase in<br />

the rate of economic growth of the country. In connection with the aforementioned<br />

purpose of this study is to explore the possibilities and prospects of Georgia in the global<br />

tourism market.<br />

Trends in the development of international tourism in Georgia<br />

Tourism is a complex geospatial and socio-economic system, so the analysis of the trends of<br />

its development and improvement should be primarily based on a systematic approach.<br />

Tourism as a system was considered by N. Leiper, Prof. of Meissen University (Auckland,<br />

New Zealand) (Leiper, 2004). Leiper (2004) conceptualizes tourism as an open system<br />

comprising five interrelated elements: one human element (tourists), three geographical<br />

elements (traveler-generating region, tourist destination region, and transit route), and one<br />

industrial element (tourist industries). Tourism could be also viewed from external forces<br />

such as political, economic, and technological environments. This model was originally<br />

proposed by Leiper in 1979. The label “whole tourism systems” was adapted when Getz<br />

(1986) coined the term “whole system models” (25) of tourism in his review of tourism<br />

models. The latest version of the whole tourism systems model is presented in Leiper<br />

(2004). Leiper’s (1979) tourism systems model was proposed to reduce fragmentation in<br />

tourism research, a problem he believed stemmed from its multidisciplinary nature. The<br />

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