Azerbaijan's Tourism Industry

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Abstract Today, the Republic of Azerbaijan occupies a critical juncture between central Asia, Europe, and the Middle East. Despite some significant challenges, Azerbaijan currently enjoys a healthy petroleum-based economy that is being increasingly diversified by the public and private sectors to promote travel and tourism in this ancient land that enjoys a modern infrastructure and a wide range of cultural-heritage tourism destinations. Although many of the country's most widely acclaimed destinations for international visitors are located in its capital, Baku, there are numerous archeological and historical sites located in neighboring towns and regions as well that can form the basis of a comprehensive cultural-heritage tourism operation, providing certain factors are taken into account in formulating the destination offerings. The Azerbaijan tourism industry has failed to provide positive returns on its investment because the income that has been generated by tourism industry has grown at a slow pace and gross domestic product attributable to the tourism industry has actually fallen in recent years. Consequently studies such as this can help identify best practices to speed industry growth and improve the return on the investment of scarce resources in the Azerbaijani tourism industry. Acknowledgments [insert] Table of Contents Page Abstract …………………………………………………………………………............ Acknowledgements ………………………………………………………………………… List of Figures

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