For and against tourism

Advantages:
-Aids development (jobs, quality of life)
-Attracts foreign direct investment
-Relatively easy to enter and scale up
-Spread effects 

Disadvantages:
-In general, the jobs are low wage. In most tourism economies the owners/investors and hence the high wage jobs and profits go somewhere else
-Highly susceptible to global markets and seasonal variation
-Can be environmental problem, i.e. putting more pressure on the water system
-Can dilute, commercialize, or Westernize culture
-Can cause social equity problems, i.e. hotels have electricity 24/7 but locals are subject to service disruption