The city’s center (downtown area or central business district or CBD) plays a significant role in the social, cultural, financial and political development. This area distinguished by special features differ it from any other areas. This area is characterized by its centralized location, commercial centers, cultural buildings, governance center and main public spaces. Different activities performed within the city center area because of concentration of many activities in one place and different resources are available within reasonable walking distance. According to Litman, T., (2004), claims that city center contain different types of functions includes financial and legal offices through banks and law offices and government institutions through courts, city parliament and rule palace.
This is a major advantage to Merlin Entertainments as it can increase their revenues and therefore increase profit levels. Thorpe Park is only exclusively available in on area, the UK, but Merlin Entertainments may be looking for a good opportunity for expansion with Thorpe Park. Thorpe Park is one of the 123 attractions that Merlin Entertainments currently manage in 23 countries throughout the world. A big reason for Merlin’s success is due to their ability to stand out. Often their attractions are very different in comparison to some of Merlin’s competitor’s offerings.
Readers would also agree that Portmore is a wonderful city with neumerous to officer Jamaica. The posibilities are endless and the oppertunities are many. In the researchers estimation Portmore has many posibilities that can be explored for it to be considered as a viable location for tourist to visit and enjoy. The key benefits of Portmort being a tourist destinations are economic, socio-cultural and environmental. Economic benefits - Tourism can provide direct jobs to the community, such as tour guides or hotel housekeeping.
Franchising as a business model is also well suited for the average business oriented people as it fulfills their love for ownership and control of business operations and they being family-oriented, finds it an attractive plan to pass on the business to future generations. (Yoginder Pal, 2006) International franchising provides employment and income for their employees in the host country, in the sense that cost and availability of supplies most often drive franchisors to source locally, which can increase the positive economic impact on India. (Ilan Alon, 2004) Another important contribution of franchising is the tax revenue that can be generated from it. Raising taxes helps emerging markets like India develop their physical and institutional infrastructure as local companies pay less as compared to international companies since these companies are viewed as efficient and profitable. Furthermore, with a competitive domestic franchising environment, India can revive the service sector and its supporting industries as these sectors contribute a large percentage in the GDP of a country and have a balance of payment surplus in services like the United
A lot of migrates hold up our economy, therefore without it the countries could break into chaos. Social reasons include diversity in the country, and the mix of cultures providing new and different though unique ideas from all over the world. Also it provides a sense of freedom, and gives people more opportunities in careers, and lifestyle. It provides a sense of freedom
Travel & Tourism trends in Norway 1.1 Tourism revenues in national income Though the main industries in Norway is based on the natural resources, such like agriculture and forestry, fishing and aquaculture, mining and quarrying, oil and gas extraction and etc. Nevertheless, tourism is present a big proportion in the Norwegian economy as well. (Innovation Norway) Recreation sector donates to revenue at the national, local and regional three levels therefore the Gross Domestic Product (GDP) growth. Moreover, economic effect which takes place when foreigners spend money, the recirculation of money can stimulate the whole economy. (Ashrafi 2015) Table 1 GDP per capita compare with Ireland Source: Macro Economy
Many nationalities and people from different ethnic group live inside Dubai. This is also one of the reasons that the tourism industry of Dubai is so strong. The tourism industry in turn gives strength to the retailer who is very much dependant on the tourists for his sales in Dubai. Dubai is an ideal city for a retailer. Other than the expensive rates, the business has a great chance to bloom under the opportunities that the city has to offer.
The expenditures spent by the tourists, the import and export of the related goods generate income to the national economy and can further stimulate the investment necessary to finance growth in other economic sectors of country. Some of the countries such as Bhutan seek to accelerate the finance growth by requiring the visitors to pay certain amount of foreign currency per day of their stay and it is not refundable. For some of the regions or countries, tourism is an important source of their welfare as it is the main source. If the country is a remote island, the way to build up the country economy is mainly dependent on their tourism industrial. According to the World Travel & Tourism Council on year 2012, the country that ranked first in the top tourism-dependent countries is Macau, which is an island on the western side of Pearl River Delta, China.
India’s primary attraction has been its cultural, its art, architecture, music dance and history. Culture draws people to its shores and these people subsequently spread the word about India’s rich heritage. Attractions such as the Himalayas and Golden Beaches of Goa came into focus only in recent years. Travel has been one of the fastest and ever growing service industries with an enormous potential for further growth in world. The bulk of tourist arrivals are in developed countries but now developing countries are also increasingly sharing in the tourism boom.
Pakistan has a rich exotic cultural heritage. Its hilly areas offer very attractive scenery of the natural objects. The winding rivers and sky high mountains are the favorite point of tourists. Thousands of foreigners visit Pakistan every year. Pakistan has also devoted much heed towards promotion of tourism that can add a lot to country’s national income.