This is about India but seem applicable to the tourist industry in general anywhere
It's the best summary of the good and bad points of tourism that I've seen:
"India witnesses more than 5 million annual foreign tourist arrivals and 562 million domestic tourism visits." Percentage-wise, this is far fewer foreign visitors per capita than Nicaragua or Costa Rica, and a higher percentage of domestic tourism.
The advantages include employment and being a source of foreign exchange earnings, and infrastructure development.
The disadvantages include undesirable social and cultural change, increased hostility where the tourists and the locals do not understand each other, lack of money going back to the community with all expense package tours where food is imported, and adverse economic effects.
Unlike Nicaragua, India refuses to give retirees permission to live there, so friction between locals and people from away over cultural differences are shorter term.
Many other points, most of them are applicable to any country developing a tourist industry.