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Positive Economic Impacts of Tourism
Tourism impacts on the local communities
Advantage of the tourism industry
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Recommended: Positive Economic Impacts of Tourism
Tourism is recognized as one of the biggest & fastest growing industry regarded for its highly contributing role in the global as well as national economy. Beside the economic importance of tourism it also has an impact & contribution on society, culture & natural environment. This contribution of tourism to the economic, socio-cultural & natural environment may be viewed in two ways both positive as well as negative. In order to achieve or maximize the positive contribution of tourism while at the same time minimizing its negative impact or in other way maximization of benefit of tourism while minimization of its cost towards the economy, society & its culture and natural environment is a big challenge faced by global tourism industry. while tourism’s contribution on cultural invigoration, its preservation, protection, revitalization & creating a feeling of pride among locals for its culture etc may be viewed as an important socio-cultural benefits. Beside these valuable contribution, its role to the host community & on their native people particularly for less privileged class is an important issue. It has been found that a large number of people are getting benefitted by serving as a casual labour in informal sectors like acting as cook, porter ,guide, washer man, sweeper, photographer It employ to nearly 8% of the global workforce generated directly/indirectly from tourism activity . The export value of tourism accounted to be the fourth highest sharing more than 8% of worldwide export value of all international trade after fuel, chemical automotive products generating one trillion a year. Value to the destinations: It has been revealed that , In over 150 nations which accounts to 83% of the total nations, tourism is the top five export earning source for them. While in case of more than 6o nations tourism ranked as No-1 export earners. In case of developing nations ,tourism is regarded as the main source of foreign exchange for nearly 38% of total developing nations worldwide. While around 50% of the world’s under developed nations are dependent on tourism as it remains in the main source of foreign exchange. It is also found that tourism generates 1.2 to 3.4 times more income on every US$ spent by tourist to the destination. Source: UNESCO & UNEP,2008
· Travel and tourism is a major industry in this country and is at the
The tourism industry is one of the major pillars of the economy of Hong Kong even though is not in a large percentage of GDP, but it help to bring up the other industry business such as retail sale, merchandise trade, service trade etc. According to Hong Kong’s Census & Statistics Department data in 2004, the tourism industry contributed to 5% of Hong Kong’s GDP. The entire industry employs around 271,800 persons, accounting for 7.2% of total employment.
According to the ‘World Tourism Organization’ (UNWTO), the tourism industry is one of the fastest growing sectors in the world, as it is estimated that by the year 2020, 7.8 billion people (roughly a quarter of the world’s population) will embark on a foreign trip (Bennett & Gebhardt 15). The Caribbean is said to be the most economically dependent on this industry, as the ‘Caribbean Tourism Organisation’ states that the industry forms the “economic backbone of most countries in the Region”(“Caribbean Tourism Industry” 1), implications for what tourism’s affect on the region have arisen and have prompted further research into matter. Since the 1970’s research regarding tourism in the Caribbean has attempted to determine the social, cultural, environmental, and economic impacts of tourism. Much of the research has found that there are in fact many negative adverse affects, and Jackson’s article asserts that, “Governments often commit money and other resources to support the growth and development of tourism and often turn a blind eye to its negative impacts” (574). The reason why tourism looks attractive (and thus turn a blind eye) to these Caribbean countries is because of “its potential to foster GDP growth, to create employment, to increase foreign exchange earnings, and attract capital investment” (Daye, Chambers, and Roberts 2). This paper will overview such impacts by first discussing a case study conducted in Jamaican resort town, Ocho Rios, with Sheere Brooks discussing the observed social, cultural and economical consequences of Jamaica’s reliance on the tourism industry and will finally look at tourism in relation to capitalism, with Robert Fletcher suggesting in his article that the tourism industry (and more specifically...
Pro-poor tourism is defined as a tourism that generates benefits for the poor, not only economic benefits, but also positive sociocultural and environmental benefits (Ashley, Roe, & Goodwin, 2001). It is understood that the core aim of pro-poor tourism (PPT) strategies is to unlock opportunities for the poor, rather than to expand the overall size of the sector (Ashley & Roe, 2002, p. 62). However, as case studies in this paper show, PPT cannot succeed without having in mind the participatory in tourism development ethics as community-based tourism for those ethnic community minorities.
Tourism industry is a booming sector of business emerging recently as the development of civilization. Tourism booms its business
Tourism is an economic activity of immense global significance. To understand the importance of tourism there is need to find out what is the definition of tourism. Different authors have taken different approaches when proposing definition but there is no universally
In this literature review we will take a look at tourism and its global reach, examining its impact on the world’s economy as well as the Caribbean region and Jamaica. This literature review serves to explore the magnitude of information surrounding tourism. With the aid of the Comparative Advantage Theory, articles and statistical information we will explore the ever growing tourism industry.
Taking into consideration the size of the uk we are a relatively small country however our tourism industry consistently ranks within the top ten. According to a current Mintel report it states that ‘At present, the country’s inbound tourism industry is worth over £16 billion, while in terms of travel and tourism demand, the economic contri...
Tourism is the one of economic and social activities that increasingly vital. Number of travellers domestic and international is increasing. In fact, several countries in present world develop tourism sectors as primary sector which generate national income. According to Salah Wahab and Cooper (2003). Tourism is also sector which involves role that mutually link between government, private sector and also public.
One major advantage of tourism is the fact that developing travel industry can stimulate the popular tourist areas' consumption ability and economy. “According to the OVTA, there are 12 million visitors who travel to Ottawa and consume 128million dollars each year. Moreover, the development of tourism leads to generating 45 million dollars income for the local government per year” (Chase, 2011). In addition, “China National Tourism Administration showed that there is a 15 percent increase of the price level of products which selling in the Middle East and Europe during the New Year holidays, compared to their daily price. However, these increases give some impacts on economy and it is reported that in 2010, 52 million Chinese people travelled abroad” (Lixia, 2011). For another thing, tourism industry either can increase people's income and the rate of employment. “As David Cameron says in Barnett (2010), if the UK tourism industry can attract 0.5% more international tourists, this could generate 50,000 new jobs for local citizens”. “Thus, it is obvious that tourism directly increase the employment rate because those industries like accommodation, tour, travel operations and factories manufacturing can provide large numbers of employment opportunities for the local people” (Nworisara, 2011). These business operations invisibly generate large revenue to the government. Therefore, most countries or investors make huge investments in the tourism industry because of its
People are able to travel across the world in a short span of time (Paynesville press, 2001, May 30). Tourism can play a positive role in the social, cultural, economical, environmental and political development of the destination and as such represents a significant development opportunity for many countries and communities only if it is well managed (UNEP, n.d). On the contrary, unconstrained tourism development or growth can pilot to extremely damageable impacts. However, tourism is a very complex business concerning various organizations requiring significant amount of
In the more economically developed countries (MEDCs), synonymous mainly with the industrialised countries of the northern hemisphere there, has been an explosion in the growth of leisure and tourism industry, which is now believed to be the worlds second largest industry in terms of money generated. In order to differentiate between leisure and tourism it should be recognised that leisure often involves activities enjoyed during an individual’s free time, whereas tourism commonly refers to organised touring undertaken on a commercial basis. Development in the two areas could be attributed to changing patterns in working lives within the last four decades. Generally, people now have more disposable wealth, work shorter hours, receive longer, paid annual leave, retire earlier and have greater personal mobility. In addition, according to Marshall & Wood (1995), the growth of the tourist industry per se can be associated, in part, with the concentration of capital; the emergence of diversified leisure based companies, sometimes within wider corporate conglomerates and often associated with particular airlines. Furthermore, the development of tourism can generate employment both directly, in jobs created in the hotels, restaurants etc, and indirectly, through expenditure on goods and services in the local area. Nevertheless, although the tourist industry is competitive, which essentially keeps down the cost of foreign travel, the success of tourism in any one area can be ‘influenced by weather, changing consumer tastes, demographics, economic cycles, government policy, not to mention international terrorism and other forms of conflict.’(1) Although such factors may have a detrimental affect on the economy of a popular tourist destination (or even tourism in general, in light of September 11th 2001), the consequence of tourism in general is often three fold: environmental, social and cultural, which in turn has prompted a search for new ‘friendly’ approaches that are less destructive.
The importance of domestic and regional tourism in developing countries has increased over the years. There seems to be a trend for tourism in developing countries such as India, Africa, Indonesia, Thailand etc. Despite the health hazards the countries may pose, tourists are hungry
The negative impacts that tourism creates can destroy the environment and all of its resources which it depends of for survival. Tourism has the prospective to create and bring useful effects on to the environment by donation the environmental protection conservation.
Tourism contribution to Indian GDP is 5.92%. The number of tourist from across the globe to India has grown from 4.45 million in 2006 to 6.69 million in 2011. India tourism sector ranks 7th in the world in terms of total contribution to GDP, according to a report of the World Travel and Tourism Council (WTTC). Moreover tourism sector has created 40.3 million jobs in 2016, which ranks India 2nd in the world in terms of total employment generated. The sector accounts for 9.3% of the country’s total jobs.