The economic impact of Homestays in Uttarakhand, India: A qualitative study

Abstract

Homestays have the potential to serve as a novel strategy for promoting growth in tourism industry. Using a descriptive approach, this study concentrates on the value that homestay businesses bring to the economy. Twenty-two homestay establishments across Ranikhet, in Almora district of Uttarakhand India were interviewed extensively to compile this data. Researchers have looked at how homestays affect a variety of variables, including income, employment, entrepreneurship, migration patterns (both in and out), infrastructural growth, and quality of life. Since the beginning of homestay tourism in the area, both revenue and expenditure rates have increased. According to the results of this study, many of the respondents have covered their regular expenses using funds obtained through homestay organizations. Everyone who runs a homestay business has noticed an improvement in their financial situation and living standards.