Tourism is arguably the largest industry and one of the fastest growing industries in the world today. It is estimated to represent over 4 trillion dollars, or 10 percent of the World’s Gross Domestic Product (WTTC Stat.2006). The industry supplies over 230 million jobs and over $800 billion in tax revenues internationally (UN/WTO Stat.2007). Tourism is a major generator of foreign exchange revenues and facilitates regional and international trade and investment linkages. It is the principal Foreign Exchange earner and the backbone of the economy of many small states and island states like the Gambia, Seychelles, Maldives, etc.