A Comprehensive Review of Social Impact of Women Entrepreneurs in Enhancing Business Performance in the Tourism Sector for a Developing Country

Abstract

A thorough analysis of the social effects of female entrepreneurs on the success of businesses in developing nations' tourism industries is given in this research. In sectors of the economy like tourism, where social connection and community involvement are crucial, women entrepreneurs are especially important for promoting economic growth and contributing to social development. In this review, the various ways that female entrepreneurs improve business performance in the tourism sector are examined, with an emphasis on the social impact of these contributions, by referencing previous research and empirical investigations. The analysis focuses on several important topics, such as the promotion of sustainable tourist practices, cultural preservation, community development, and female empowerment. The results underscore the noteworthy contribution of female entrepreneurs to the tourist industry's inclusive growth, job opportunities, and innovation. The review also cites several obstacles and hurdles that women entrepreneurs in developing nations must overcome, including restricted access to resources, discrimination based on gender, and sociocultural limitations. Policymakers, stakeholders, and practitioners are given recommendations on how to empower and promote female entrepreneurs in the tourism industry to maximize their social effect and further the objectives of sustainable development. In the context of developing nations' tourism industries, this research highlights the significance of identifying and utilizing women entrepreneurs' potential to promote positive social change and improve company performance.