What is Co-Integration Analysis

Tourism is widely recognised as a tool for poverty alleviation following its ability to create employment, entrepreneurial opportunities, and impact societies' social infrastructure positively. Countries, such as Kenya, have reaped from these benefits following evidence that the sector is the third-largest contributor to the economy following agricultural and manufacturing sectors. Using case studies of the Maasai community and the coastal regional tourism-based of the Bomas and Safaris, this chapter asserts the significance of tourism in poverty reduction among marginalised Kenyan communities. The concept, coupled with ecological sustainability, has opened up societies to share their cultures and tourist attractions for their own benefit. The opportunity cost of these advantages is a rise in local goods and neocolonialism tendencies characterised by dominant foreign control of the tourism sector and its gains, particularly at the coast. This situation is reversible by the adoption of community-based tourism, which ensures that tourism optimally benefits local communities.