IMO, the modern nation of "Israel" has little to do with God, the Chosen People or the Bible (no more than the USA does, for example). The mid-20th century political state of Isarel is only about 70 years old and was created largely by Great Britain as part of its messing around with middle eastern politics (most of which has gone badly).
The Biblical "Israel" fell in 722 BC and hasn't existed since. The political entity GOD built lasted from roughly 1100 BC to 587 BC. It had and has nothing to do with a very modern country now occupying the same geography.
"Holy Lands" is a bit strange, but yes - when tourists visit that part of the world, they often are reflecting on very, very ancient history - people and events some 2000 to 3000 years ago. So no, it's not really a visit to Israel (that very, very modern state the British set up some 70 years ago) - nice as I understand it is (I read an impressive article about their water management there, for example). I suspect that MOST tourists there aren't visiting Israel or Palestine, they are visiting a GEOGRAPHY that a very, very, very, very, very long time ago was the locale for some important religious events and people.
Just my perspective...
- Josiah