Changi Airport from Singapore, which was ranked as the top best airport in the world, could handle more than 1.8 million ton of cargo annually. The gap between these two airports indicates the problem faced by Ho Chi Minh airport. As a conclusion for the overcapacity, an expansion seems to be a must for Ho Chi Minh airport. To minimize the gap between them and world best airport, they need to solve it as soon as
1. The size and scope 1.1 Analyze size , nature and sub sector of global tourism and hospitality The tourism industry is one of the largest economy and global successful income that bring country become rise in GDP. Moreover, tourism industry shows how to promote government and private sector. According to Global travel and tourism industry - Statistics & Facts claims that International tourist arrivals have been rising number from 528 million in 2005 to 1.19 billion in 2015. The hospitality industry makes for tourism market that serve good service towards customer for make them satisfied in goods and service.
1.1.1. The Global Hotel Industry: An ever-increasing number of destinations worldwide have opened up to, and invested in tourism, turning it into a key driver of socio-economic progress through the creation of jobs and enterprises, export revenues, and infrastructure development. Over the past six decades, tourism has experienced continued expansion and diversification to become one of the largest and fastest-growing economic sectors in the world. Many new destinations have emerged in addition to the traditional favorites of Europe and North America. World Tourism Organization [UNWTO] (2017) Tourism has boasted virtually uninterrupted growth over time, despite occasional shocks, demonstrating the sector’s strength and resilience.
Tourism is regarded as the world’s largest industry and is expected to develop and continue to grow in the future. Tourism has becoming one of the main bolster of country’s sustainable growth and development. Tourism has also becoming more popular because of globalization, especially business tourism. Business tourism is defined as leisure activities in combination with business tourism. Business tourists are less cost than leisure tourists (International Trade Centre, 2001).
12. Through the wide range of services needed to satisfy its requirements, tourism creates new activities of considerable importance which are a source of new employment. In this respect, tourism constitutes a positive element for social development in all the countries where it is practised irrespective of their level of development. 13. With respect to international relations and the search for peace, based on justice and respect of individual and national aspirations, tourism stands out as a positive and ever-present factor in promoting mutual knowledge and understanding and as a basis for reaching a greater level of respect and confidence among all the peoples of the world.
economic development of a country. It contributes to the fulfillment of significant societal growth and expansion. Over the past six decades, tourism has experienced continued expansion and diversification, to become one of the largest and fastest - growing economic sectors in the world. But Sharpley (1994); Wall and Mathieson (2006) argue that in developing countries major benefits generated by tourism do not reach to the poorer sections of the society whereas the host countries bear the environmental and social costs. Local residents ' support is essential for long term success in the tourism development process.
“Tourism is now the largest industry in the world by virtually an economic measure, including gross output, value added, employment, capital investment and tax contributions.”(Wheatcroft,1994).Tourists can be defined as people who travel to and stay in places outside their usual surroundings for more than twenty-four hours and not more than one consecutive year for leisure, business and other purposes by the World Tourism Organization. Tourism industry is the idea of attracting, accommodating, and pleasing groups or individual travelling for pleasure or business. For example hotels, restaurants, and tour guides. Five sectors in tourism industry, which is including accommodation, food & beverage services, recreation & entertainment, transportation and travel services. The relationship between Hospitality and Tourism, Tourism and hospitality help each other, the hospitality industry offer services like accommodation, transportation, food and beverage, recreation and leisure.
It is a multi-segment industry while gauging the positive economic effect of tourism, its contribution to the generation of national income, expansion of employment opportunities, increasing of taxes, revenue, and generation of foreign exchange and transformation of regiment economy. Tourism industry is a heterogeneous industry made of complex components. This intangible perishable service industry is getting the right business curve backed by information and communication technology now-a-day. IT enabled tourism has different aspect such as direct booking , easy payment for the end users, business to business trading for product providers, travel agents and resellers. ICT has become the key component of tourism.
The city is superior to the countryside and concentrated on the elements of production. Therefore, the tourism industry can develop rapidly. In fact, the city is a big market. Thus, tourism problems cannot be solved by traditional microeconomic economics. The tourism industry is composed of many single economic entities, and its economic relations are much more complicated than the single economy.
To What Extent is the Tourism Industry Harming the Environment? Tourism is visiting a place that is outside of the vicinity of one’s hometown for under a year for leisure, work, or other purposes (Tourism Society, 2010). The tourism industry has undergone immense growth, especially since technology has advanced to increase the ease of vacationing. In 2012, the number of global travellers passed the one billion mark for the international tourism industry (Fuller, 2013). With their creation of jobs, they are an important part of many countries.