Heritage and palace hotels contribute to the economy through employment generation, tax revenue generation, and foreign exchange earnings.

Heritage and palace hotels contribute to employment generation by directly employing staff and by creating indirect employment opportunities in related sectors such as tourism, hospitality, and transportation.

Heritage and palace hotels create indirect employment opportunities for tour guides, transportation providers, souvenir shop owners, and other businesses that cater to tourists.

Heritage and palace hotels contribute to tax revenue generation by paying taxes on their income, their property, and their employees' salaries.

Heritage and palace hotels pay income tax, property tax, and sales tax, among other taxes.

Heritage and palace hotels contribute to foreign exchange earnings by attracting foreign tourists and by exporting goods and services.

Heritage and palace hotels export souvenirs, handicrafts, textiles, and other goods that are popular with foreign tourists.

Heritage and palace hotels export accommodation, food and beverage, entertainment, and other services that are popular with foreign tourists.

The overall economic impact of heritage and palace hotels is positive. They contribute to employment generation, tax revenue generation, and foreign exchange earnings.

The economic contribution of heritage and palace hotels can be increased by promoting them to foreign tourists, investing in their development, and providing incentives to them.