Cost of terrorism – Effect of the September 11 attacks on tourism industry: 1The total economic impact of 9/11 is realistically immeasurable; however the world travel and tourism council has estimated the decrease of the travel and tourism demand world wide to be 10%. 2Job loss of 8.8 million people globally including airlines‚ hotels‚ tour operators‚ car rental and credit card companies‚ creating a 1.7% decrease of total GDP for the world economy. Terrorism is an inhuman act which is
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Tourism has several impacts on many different aspects of Bali’s society. Tourism has impacted on the already existing‚ social‚ economic‚ cultural and environmental processes of the island. For example‚ as a result of tourism the pace of urbanisation has rapid increased and tourism has sped up the process of economic development. There are large economic consequences on the economy of Bali. One significant impact on Bali is the foreign exchange earnings. Tourism is the fourth-largest income earner
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Economic Impacts of Tourism on Destinations TOWN OR CITY COUNTRYSIDE AREA SEASIDE RESORT POSITIVE IMPACTS One of the positive impacts of getting tourists into the country is increased employment. When a city gets lots of tourists into it they need to build new hotels and attractions that will keep the increasing number of people coming. This means that there are more people needed fort building the hotel and than to run the hotel so many people get new‚ mostly permanent jobs and the number
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Impact of Tourism on Dubai’s Ecosystem Dubai has become a place that’s synonymous with ultra-rich lifestyle‚ state of the art technology and infrastructure. Yet up until three decades ago it was recognized to be no more than a place known for fishing and trivial trades. Since the discovery of oil reserves in the late 1960’s‚ Dubai has relied on the oil production to fuel its rapid economic expansion. However‚ depletion of its oil reserves has lead Dubai to eliminate its financial dependence
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advantage of this process. 2. CONSUMER BEHAVIOR IN TOURISM 3.1. Three Key Areas Of Consumer Behavior 3.2.1. Factors affecting consumer behavior a. Personal Factors Personal factors can also affect the consumer behavior. Some of the important personal factors that influence the buying behavior are: lifestyle‚ economic situation‚ occupation‚ age‚ personality and self-concept. * Age Age and life-cycle have potential impact on the consumer buying behavior. It is obvious that the
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IMPACT OF TOURISM TO MALAYSIA ECONOMY The significant role played by the tourist industry in Malaysia can be traced from its earliest developments. This is because in comparison with other South-EastAsian states such as Indonesia and Thailand for instance‚ Malaysia was less developed in the tourist industry sector. Today it has become the country’s second biggest source of foreign exchange and the third largest economy sector. Over the years the industry is significantly contributing to GDP (gross
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to match employers’ needs. The second question relate to how the educational system should be reformed to address the employment challenge. The author has used descriptive method designed to provide rich descriptive details of education reforms in Bhutan between 1961 and 2008. This article is targeted at policy makers‚ educationalists and public. While the research design involved in-depth narrative analysis‚ it did not use scientific inquiry into the subject‚ especially the empirical analysis and
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Empowering Local Government The PDP pledges to empower the local government to give it more administrative powers‚ whereby‚ it will be given maximum autonomy to take decisions‚ to prioritize developmental activities‚ and even change developmental activities based on the need and urgency. It would receive more financial powers‚ as PDP believes local government bodies have limited financial power‚ in terms of available funds or the discretion to use it. Within the first week of forming the government
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Chapter 1: Introduction Chapter Introduction This dissertation focuses on the development of ‘Slow Food’ in Malaysia as stated in the Sin Chew Happy Sunday Special (24 June. 2007‚ p2)‚ that the ‘fast’ lifestyle has been adapted widely all over the world; regardless of work‚ competition‚ production and even eating. In the need of haste‚ people resort to fast food and convenient has resulted in people lack of flavourful‚ quick and healthy food to keep the bodies strong (www.bonjukmalaysia.com)
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oru [Impacts of Tourism Growth in Thailand and its Sustainability] TAN Jialin * Executive Summary Tourism growth has a great impact on the economy of any state; where on one hand it helps the economy to grow‚ on the other hand it creates socio-economic‚ environmental and cultural challenges which produce negative impacts on the overall economic development and sustainability of the country. First of all we will provide the introduction to the topic and will make the critical literature
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