Economy and development Of Cox's Bazar

As one of the most beautiful and famous tourist spots in Bangladesh, Cox's Bazar has an economy supported primarily by tourism. Millions of tourist and Bangladeshi natives visit this coastal city every year. As a result, a large number of hotels, guest houses and motels have been built in the city and coastal region. Many people are involved in businesses providing hospitality and customer service. Several hotels are available in the city under different budgets, including some of high-end standard. However, no renowned international hotel chains operate in the city but many are under construction. The Carlson Rezidor Hotel Group plans two Radissons here in 2015, and another in the port city Chittagong. A Best Western hotel is expected to be operational in 2014. Mövenpick Hotels & Resorts is on their way to open one in 2013.

People are also involved in fishing and collecting seafood and sea products for their livelihood. Oysters, snails, and pearls and their ornaments are very popular with tourists in seaside and city stores. People are in the transportation business for tourists. Cox's Bazar is one of the few major spots for aquaculture in Bangladesh. Along with Khulna, it is considered a major source of revenue from foreign exchanges. Beside a mix of small-scale agriculture, marine and inland fishing and salt production are other industrial sources from this region that play important roles in the national economy.