The Global Tourism Industry
The tourism industry contributes significantly to the worldwide economy, employing 200 million people and representing 10% of global GDP (Socci, 2016). International tourism is defined as a person or group of people temporarily visiting a foreign country and the activities they partake in while abroad (Filiposki, 2014). Socci expands on the definition by identifying ten primary sub-industries that combine to form a more aptly named tourism “cluster.” These sub-industries include: accommodation services; hotel and restaurant; food and beverage; land transport; water transport; rail transport; air transport; supporting transportation services; recreational, cultural, and sporting services; and retail and country-specific tourism (2016). In 2014, foreign tourism generated $1409 billion, which was 30% of global service exports (Filiposki, 2014). It is important to note that economic statistics of international tourism are difficult to measure with complete certainty, as it is challenging to distinguish whether revenue is generated from incoming tourists or citizens of a designated country. Both tourists and locals …show more content…
Rather than spurring an improvement of infrastructure, increased traffic flow brought on by tourism may be harmful to existing infrastructure if the host country is unprepared to accommodate an influx of people; thus, decreasing quality of life. Tourism can also deteriorate or eliminate local culture. As tourists enter foreign countries, the demonstration effect may affect local behavior. The demonstration effect is a phenomenon in which locals adopt behaviors and cultural customs of foreign visitors (Filiposki, 2014). The sociocultural implications of international tourism are similar to the economic ramifications because success in both arenas is largely dependent on interaction between producers and
Hawaii Economic Outlook Paper
410 Words | 2 PagesAccording to the Quarterly Statistical & Economic Report the “visitor arrivals continue to be strong with both domestic and international” but “visitors spent less on a daily basis”. This means that even though the number of visitors have increased, the total amount visitors spent were less than the growth of visitor arrivals. To understand why expenditures have not matched or exceed the amount of visitors, we must look at where are our largest source of travelers and revenue come from. Hawaii’s largest international visitors come from Japan (Hawaii Tourism Authority, n.d.). When looking at the statistical numbers, the total visitors went down from 1,518,517 in 2013 to 1,511,699 in 2014, a 0.4% drop.
Japanese Tourism Impact
833 Words | 4 PagesTourism has become one of the important economic factor for any nation today. With the increase in technology, the world is gradually changing and becoming closer and smaller day by day. The country known for its advanced technology, Japan is popular in terms of travel, commerce, technology, cuisine, popular culture and shopping. Globalization has played a vital role in interchanging activities such as goods, services, technology, culture, and even the lifestyle of people around the world. Japan’s tourism has grown rapidly in the recent years.
The Importance Of Tourism
1775 Words | 8 PagesIts first real boom, mainly experienced by the western countries, was related to the economic development of society and to the increase in number of tourism services and recreational opportunities. Throughout the years, tourism has impacted positively on the world economy and on the countries’ national balance of payments. As estimated in Francisco Vellas’ economic analysis, today world tourism represents over 45% of tourism 's total contribution to GDP (Vellas 6). In addition, the tourism industry accounts for the creation of new jobs, especially for young people. The International Labor Organization (ILO) has estimated that tourism generated 253 million jobs
Global Hospitality Industry Analysis
1520 Words | 7 PagesASSESSMENT B Section 1 : Discuss the significance of the hospitality industry to the regional, national and global economies Describe with clear reference to a range of sources, how the hospitality industry may be classified into different sub sectors Section 2 : INTRODUCTION: According to Saskia and Réau (2009) the origin of the tourism appeared between the middle of the XVII the end of the XIX century, where wealthy British were travelling in European countries from the northern countries until the Greek island and return to their countries lining the Mediterrannee. The globalization is defined by trading in the all world in every sector models such as; cultural, economic and political. Those models were developed by Northen countries since 1980 where international exchanges of people started.
Controversy: The Effect Of Tourism On Under Developed Nations
260 Words | 2 PagesThe effect of tourism on under developed nations, which was always debatable, has now become more controversial. The substantial influence of tourism has sparked the controversy over the potential impact of this on impoverished nations in recent years. As such, with its advantages come correlative disadvantages too some of which are equally as severe as the upsides. In this essay, I will delineate them all with pertinent arguments and examples before deducing a quintessential conclusion. At the outset, there are numerous reasons that affirm how rising tourism can be beneficial for under developed nations; but the most conspicuous one lies in the fact that tourism brings several economic benefit for the host nation, as it inevitably facilitates
The Importance Of Tourism In The Tourism Industry
740 Words | 3 PagesThe main concept is to provide number of quality services to the tourists, who planned their trip through a travel and tourism firm. There are number of services that tourists are eligible and bound to receive as they had spend money while travelling from one place to another. Tourism is the industry in which passenger contacts their tour operator to get what he/she dreams of for their holiday. Travelers at the end of the day go on a vacation to relax and to have a good time. Every airline, railway company or travel agency emphasize a strong customer service as to those who get service are more likely to return for their future travel arrangements.
Positive Effects Of Global Tourism
1251 Words | 6 PagesGlobal tourism has been one of the most dynamic and growing economic sectors during the last 50 years. With a proved powerful capacity of resilience against economic crisis and officially supported positive economic predictions of continuing growing for the first half of the 21st century (UN-WTO, 2013) (Figure 4), this old but healthy globalized market has produced positive and negative effects over the developing territories where it has landed. In the specific case of Ecuador, the last decade has been characterized by an intensive and strong public investment in tourist infrastructure and international marketing in order to attract something of the flows from this huge global market. Especially, it is positively accepted in developing countries
Importance Of Tourism Promotion
3761 Words | 16 PagesThe field of tourism promotion deals with marketing tourism services using various promotional tools. A tourism degree program combines the marketing disciplines, business and personnel management pertaining to managing tourism businesses. Some degree programs and specialisations offer training specifically in tourism promotions. Tourism is travel for business or leisure purposes. A tourist is a person who travels outside his city, state or country for business or leisure purposes for more than 24 hours and not more than one consecutive year.
The Socio-Cultural Impacts Of Tourism Research
793 Words | 4 PagesDavid J. telfer & Richard accept that tourism impact destinations in developing countries, where the difference in cultural and economic characteristics between local people and, primarily, relatively wealthy western tourists is likely to be greatest (WTO 1981). At the same time in respect it would be considered unfortunate for tourism not to have some socio- cultural consequences on destinations; as a catalyst of development, tourism is usually promoted with the purpose of economic and social betterment. Moreover, tourism is seen by some as a means of achieving greater international harmony and understanding (WTO 1980) although, perhaps inevitably, it is the negative (and, frequently, emotive) socio-cultural impacts of tourism that attract
Positive Economic Impacts Of Tourism
2000 Words | 8 PagesAccording to McNeely (1998) and Mbaiwa (2003), tourism is known as the largest growing industry especially in the area of job creation, improve quality of life to host community, improving local economy and many more (Mochechela, 2010).This is because tourism industry is one of the largest industries where host resident can get the economic benefits where both skilled and unskilled people can be employed. Economic impact usually can directly bring benefits to communities. However, even though the economic benefits are popular with the tourism impact, the negative side still need to be taken with caution. In addition, tourism industry can make a positive economic contribution such as increase income of local people, increasing foreign exchange
Social, Social And Economic Benefits Of Tourism
1974 Words | 8 PagesAt the world conference held in Manila on tourism in 1980, importance of tourism and its effects were recognized in the declaration, which stated as; ‘’tourism is an essential activity both on the life of the nation since its direct and indirect effects on economical, social, cultural, and educational sectors of the society and their international relations’’. Economic benefits of tourism 1. Contribution to Gross Domestic Product; Tourism is being one of the world’s largest industries and contributes directly and indirectly (total contribution) to the global economy. Its contribution to GDP growth reflects the total spending within a particular country by residents or neon residents for business or leisure purposes as well as government spending on tourism goods and services which linked to visitors. According to the World Travel and Tourism Council
Relationship Between Hospitality And Tourism Industry
1572 Words | 7 PagesNowadays hospitality and tourism industry is one of the main industry in this world. A lot of people need a place to escape from their routines or even just to stay overnight as they having a business trip to other places. We call these people as customer or guest. Human mobility from one place to another , both in the country and from and abroad is very high. Human mobility is not only related to business activities but also recretional activities.
Evolution Of Tourism
1649 Words | 7 PagesTourism can be considered one of the most significant economic and social phenomena of the twentieth and twenty-first century. The evolving of the tourist’s behavior has triggered a series of changes in the way of operating the tourism businesses. From traditional travel agencies, hotels and airlines up to the online tour operators. All tour operators have had to adapt to the changes of the individual as a traveler and this has led to continuous development of strategies by the agents.
What Is The Importance Of Rural Development
1116 Words | 5 PagesRural development is as important as urban development. Alleviating the hardships of the rural people is fundamental to rural development. Efforts at developing the rural areas are aimed at creating industries and employment opportunities. Any initiative towards this end would be welcomed with open arms in Nepal. This would also reduce the population density in the cities.
The Importance Of Tourism In The Hospitality Industry
1293 Words | 6 PagesThe idea, “The customer is always right,” has become a general knowledge. In today’s world, this thinking has become obsolete. The hospitality industry has come to adopt that the customer comes first. That is why in terms of developing the hospitality product, the industry has been built to cater to the needs and wants of the customer. Tourism is considered as one of the main trade and industry activities in the world that contributes to economic, cultural and political advancement of various regions (Krippendorf, 1989).
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