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Economic effects of tourism Essay
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Many people travel to different places from all around the world and most people travel to new places that they have never visited before, especially at their summer vacation, London is one of the first opinion that people choose when travelling, one of the biggest reasons that people visit London is because it contains one of the most popular and interesting history. London contain different culture from different countries from all around the world, this essay will outline and describe the advantages and the disadvantages that London suffer when tourist visit London, and this essay will also describe the financial, economical, social and the future possibilities of how tourists can affect London.
London is the capital city England, and London was and still is one of the top destination that tourist would choose and London is a city with huge number of tourist and it keep increasing from time to time, tourist come to London for variable of reasons such as sightseeing, and wanting to know more about the history of London, because London is a city which is rich with history and stories. London is a city which the kings and queens in the past has ruled in for many years until the power was lost to the parliament and the queen at the moment is only a figure, many tourist come from all over the world to just see the change of guards in the Buckingham palace, Big Ben is an another great example for tourist to visit London, London eye, the Thames are all great reasons for tourist to visit London.
Whenever people visit London as tourists they spend so much money which is an advantage when it comes to London financial and GDP rate, and the tourist spend a lot of money each year when they are visiting London either by shopping or going to ...
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...ind technology and sightseeing which will only increase the number of people visiting London more and more, London tend to develop with the highest and best technology out there which is suitable with this generation which tends to attract more tourists by absorbing their attention to the country’s latest development.
In conclusion the number of tourists visiting London will increase which only shows that the number of jobs will increase as well and will be an unforgettable time to the tourists so in my opinion I believe that it's great that the tourists won't stop visiting United Kingdom and will help the local people living around which is a great thing and will manage on increasing the rate of people and the country’s GDP so it's only an advantage to London and with unstoppable tourists coming in and out will only affect London in more positive than negative.
To what extent will a rise in tourist numbers have a positive effect on the Castleton area’
Objective- To build on and realize the strengths of the downtown as the heart of the London community: an international centre for the arts, culture, tourism, education, and knowledge based industries, and a leading national business, finance, and government centre.
In the year of 2012, there were almost fifteen million overnight tourist trips taken in Scotland, which resulted in £4.3 billion in visitor expenditure. This shows that tourism really helps the Scottish economy as over one hundred and forty million tourist day trips w...
Once the project is completed, the State Government predict that the Elizabeth Quay will attract more than 4 million visitors each year. This will impact the city majorly as the tourists will bring in money and cause businesses to expand and need more employees, therefore deceasing the unemployment rate and increasing GNI.
...urist town presents new opportunities. New people are coming into town and old ones are leaving making the chance of seeing the same person twice a rarity. This however is a way of life for many people. They wake up every morning ready to serve the customers that come through their door. This conscious effort of serving a customer does pay off as small businesses continue to thrive off sales generated by tourists. Therefore, stop and think next time you pull into a tourist town and realize what your business means to each store.
According to the British think tank Z/Yen, London is the top-ranked center for global finance. According to another think tank, the Centre for Cities, London generates as much tax revenue as the next 37 largest cities in the United Kingdom. The tax alone on financial services in London is immense. The European Union combined has the highest GDP in the world (above that of the United States) (GDP SOURCE). One of the principal reasons for which London is the leading international finance center is its access to the European Union, the world 's largest economy. Obviously, the United Kingdom being a member of the European Union is enormously helpful to ease the operations of the incredible amount of financial services that happens between London and the European
Firstly, on of the positive impacts is that migration can provide specific types of jobs. The largest number of immigrants work in Hotels and Catering(42%), Transport and Distribution field (31%), Health(33%). Therefore we can predict that, mostly immigrants that came to the London are highly – classified. It will develop economic of country.
1.2 Problem Formulation In the problem formulation part of my report I would describe the overall situation of the U.K Tourism industry. The service concept of “Simply Travel” will give us information about the services provided by the company. I will find out about the customers, competitors of the company. I will find out what political, economical, social and technological factors affecting the company and its demand situation.
Greater London Authority, (2008). London’s Central Business District: “Its global importance”. Greater London Authority, London .UK.
For the introduction, brief information regarding my purchase and the travel and tourism industry is presented. It was then followed by the explanation of the 2 chosen theories from two different chapters.
Another economy growth, related to tourism, is the building of hotels, new homes, re-developments, office complexes, condos and mansions. By providing housing and resorts for tourists, the attraction will not only pull in tourists, but it will provide economic structure.
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.
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.
Today’s global competition, demands a country to keep the true identity., culture becomes the basic aspects that must be maintained, because of the existence of culture effects how closely humans in general act, and be friendly. Cultural or often we refer to as the culture has its own uniqueness, while others interest by the culture then this could make the place tourism.
“London is one of the most culturally vibrant cities in the world,” states the London Authority. London is known for its many museums and art galleries, there are over 170 museums and 11 national museums in the city. The city hosts over 250 festivals each year, including Europe’s biggest street festival Mayor’s Thames Festival. Many famous artists come from London, some include Adele, Amy Winehouse, Coldplay, and Pink Floyd, all which have been world’s best-selling artists. London has a very diverse culture, they are included in a little bit of everything from music, to art, to fashion, and even libraries (The Official Site Of the Mayor of London and the London