Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Economic impacts of tourism
Impact of tourism on the economy of india
Economic impacts of tourism
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Economic impacts of tourism
A profile of Tourism Development in Kerala
Abstract
Kerala is a remarkable blend of varied natural beauty and attractions for the tourists. As a veritable treasure trove of art and culture, Kerala has a diversity of attractions to offer to the tourists. Realising the vast potentials of tourism industry for creation of new jobs and providing stimulus to economic growth, tourism is viewed as an important instrument for sustainable human development. In Kerala, it has enormous growth potential and is a “bread and butter” industry. Consequently, the state has taken this sector seriously. Thus tourism is one of the most striking phenomena of the present times and it offers man an opportunity to learn, to enrich humanity and to identify what may
…show more content…
Today tourism is an important phenomenon. It helps man to find out new things which they are not experienced yet and enhance his life. These travelling of the man from one place to another include pleasure trips, business trips, pilgrimage, educational purpose etc. It has a capacity to transform certain apparently economically useless goods or services into marketable attractions. Such goods and services may include cultural, natural and social assets of the society.
Tourism is largely responsible for the transfer of wealth from one nation to another and redistribution of income, leading to a gross increase in wealth or income to the lower community of the tourism region. The degree of benefit from tourism largely depends upon the level of self sufficiency of the economy of the hosting region. The infusion of new wealth through overseas visitors is equivalent to the export earnings from any other international trade. Tourism can earn not only foreign exchange but also a lot of government revenue by way of taxes. It generates mostly indirect taxes for the
…show more content…
In India tourism industry contributes significantly to the national GDP and provides employment to number of people. It accounts for about 8.23% to the national GDP and 8.78% of the total employment. It is the second largest foreign exchange earner of the country. The outstanding world heritage sites, monuments, forts, scenic beauty beaches, hill stations, evergreen forests, mountain ranges, rivers, wild life, diverse and rich culture etc. have placed India in an advantageous position. She attracts many foreign tourists especially from the countries like UK, USA, Sri Lanka, France, Germany, Canada, Japan, Australia and
Sri Lanka is well known for its tropical beach resort and water sports, scuba diving and whale watching with over 1600 km of coastline. Ancient heritage site and forest resorts in wild life sanctuary are considered as major attractions in Sri Lanka. There has been a major development in Sri Lanka’s tourism with the reappearance of peace to the country, resulting the May 2009 declaration of certain victory over rebellious forces. Due to the ethnic conflict Sri Lanka’s tourist was affected adversely since 1980’s. After the civil war, the tourism industry was developing with increasing tourist arrivals to 566,200 in 2004. But due to the ceasefire between the Sri Lankan military and the rebel Tamil forces again in 2002, there was a considerable decrease of tourist arrivals in the later years. In 2005, there was a contrary effect because of decrease in worldwide tourists after the Asian tsunami of
It is the economic effects of tourism which bring the most benefit to the host nation. Tourism is a low import user which means more of the money earned here stays here. The government is earning money through tourist taxes such as the airport tax, increased export earnings and income tax revenue from people employed by the industry. A balance must be struck between these benefits and associated negative impacts on the community and the environment.
The sustainable development of tourism requires a continue review of impacts of tourism activity on the area concerned but their lies a shortage of such type of assessment of programmes or policies from both government as well as private stakeholders. In Kurukshetra from concerned authorities.
Tourism can be defined in many ways, for economist people tourists are the main source of earning foreign currency, for private sector it is an act of the developing product, for other tourists receiving community it is an angle of change of lifestyle and for travellers it is a set of activities that motivate the individual to leave home temporarily
Half of century has gone since ‘tourism boom’ began in 1960s (Tirados, 2011). Nowadays, desire to be a tourist is virtually universe which has made tourism become a central element of globalization. The profit brought from tourism is something that we cannot deny however everything has its two sides which are good and bad, advantages and disadvantages or positive and negative. Thailand is a great example to find out the advantages and disadvantages of the development of tourism impact on the country.
The hotel industry is one of the fastest growing industries in India. The total market size of Indian tourism and hospitality sector stood at US$ 117.7 billion and is expected to touch US$ 418.9 billion by 2022. The foreign direct investment (FDI) inflows in hotel and tourism sector during April 2000 to July 2013
Being born and brought up in India has always been a matter of national pride as I could see unity in diversity everywhere where every religion is given equal opportunity to celebrate their festivals with fervour , different states with different cultural identity , different cuisines that appeal to different taste buds, warm hospitality that makes tourist feel like home , distinct flora and fauna and spiritual enlightenments when they travel length and breadth of India . It is sad that India having such unique selling proposition is unable to attract the attention of corporates tourist who is seeking places where they could simultaneously do business and enjoy .
Tourism is often associated with traveling to places away from home. Tourism has a big impact on the economic growth of some countries, which define the shape of their cities by producing different sectors like historic districts, convention centers, museums, malls, hotels, restaurants, and the list can be endless. Furthermore, tourism elements have been developed by cities for a variety of reasons including: situating themselves in the world by drawing a positive image and attracting visitors and for their money.
Since decades, tourism has encountered with development and extending expansion to turn into one of the quickest developing monetary segments on the planet. Tourism attains a blending of individuals from differing social and social foundations both universally and domestically. A vast spatial redistribution of using force has huge effect on the economy of the end spectrum. Tourism has turned into a blooming worldwide industry with the ability to shape creating nations in both positive and negative ways. Worldwide tourism positions fourth in the worldwide economy. It reports for one-third of the outside trade profit of India furthermore beneficially utilizes the effortlessly the most astounding number of individuals contrasted with different parts.
The economy can be clearly identified as the most beneficial aspect of tourism. “According to recent statistics, tourism provides about 10% of the world’s income and employs almost one tenth of the world’s workforce” (Mirbabayev, 2007). In Australia alone, Tourism contributed $87.3 billion in 2012, and employed 908,434 (7.9%) people (Kookana & Duc Pham, 2013). Tourism is “one of the most profitable and rapidly developing industries in the world” (Popushoi, 2004). Every year the number of tourists increase dramatically and consequently the revenues from tourism will increase substantially.
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.
Because of quality in travel and tourism the economically so many people are depend on that like restaurants , tourist guides etc..
Nowadays in the rea of globalization, according to the World Tourism Organization, “seven hundred million people travelled abroad in 2003”, and the number is estimated to increase to 1.6 billion by 2020. (International Labour Organization, 2005). Tourism is spreading in unusual places. A lot of people want to be in the midst of adventure. It is a vital source of revenues for the GDP of many countries. I partially agree that tourism hugely benefits the local community. This essay will discuss some of the economic, social and environment effect of tourism on the host community.
In recent years, tourism marketing has gone through strategic changes with the improvement in new technologies, the chase of a relationship between customers and suppliers as well as the importance of sustainability issues in marketing. Marketing Tourism reconsiders the needs of the tourists but does not overlook on the long term economic, environmental, social and cultural interests of the local population. So, it means that marketing consider both the tourist demand and effect to society as
Firstly, the input of local residents increases due to a large number of foreign guests. Generally, extra income can be generated through selling souvenirs and handcrafts to visitors which are made by local craftsmen as tourists are highly willing to buy memorable goods and presents from that country. Also, tourists often use services of local guides or housekeepers when they rent house or room from individuals. Hence, the income of citizens living in receiving countries surges with tourism enlargement. In 2010, tourism created 919 billion US dollars revenue from selling goods and services to tourists because of 7 per cent increase in the number of visitors (UNWTO, cited in Boz, 2011). Secondly, as Holloway and Humphreys note the total income of the government has been increasing by imposing numerous taxes on goods and services that visitors utilize. These may involve taxation on staying in hotel rooms, eating at restaurants, car parking, petrol and other means of taxing tourists in order to increase income revenue. In several countries major amount of income is generated from taxes paid tourists; for example, in Austria, Belgium, Hungary there is a levy on travellers for departing flights from local airports whilst in the USA, passengers are imposed taxation on both arrivals and departure. In other countries such as Italy and France, tourism facilitated as a means of