摘要：Tourism as a global phenomenon develops rapidly worldwide. In the Republic of Armenia tourism is announced as the main sector of economy. In the recent years the number of tourists has increased. The main tourism statistics, tourism competitiveness index, tourism assets of Armenia are presented and analyzed in the article. Some suggestions are made for tourism advancement in Armenia which will contribute to the regional economic growth. Obviously, our calculations and analyses indicate tourism sphere significance for our economic development. Tourism development is also very important for regional economic advancement as tourism destinations are also in the regions, and tourism directly or indirectly influences on the development of the other spheres of the economy as well. It is also obvious through the calculation of tourism multiplier effect. So tourism development plans by regions must be processed and implemented.
