Indirect Impact of Tourism: An Economic Analysis Executive Summary The main purpose of this report is to show the importance and the role of the indirect economic effects of tourism on growth and GDP‚ employment and foreign trade. Tourism’s role in the economy is often perceived as being limited to the hospitality industry (cafes‚ hotels and restaurants) and outbound and inbound travel agencies and carriers‚ which form the leading service sector in many countries. However‚ the economic impact of tourism
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course the economic benefits brought by tourism. It is well-known that tourism is one of the four pillars of the Hong Kong economy. In 2010‚ it contributed to 4.4 percent of Hong Kong’s GDP.(http://www.gov.hk/en/about/abouthk/factsheets/docs/tourism.pdf) It is not difficult to understand why the government keeps on thinking ways to boost the already vigorous tourism. However‚ is the local community able to share the fruits of it? Does the development of tourism bring drawbacks to the community? In the
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approach. First‚ tourism impacts and tourism in the Gross Domestic Product are pooled into the framework to better understand the impact of tourism in the whole economy. Finally‚ general equilibrium theories and the theoretical structure of an applied CGE model are briefly discussed to better understand the framework under which the tourism sub-sector interacts with the other sectors‚ sub-sectors and industries in the economy. Tourism Impacts[1] The impacts of tourism expenditure are
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The impact of United Kingdom Tourism on the Employment rate. Source : Travel and Tourism Economic Impacts 2012 United Kingdom UK Tourism had generated 938‚500 jobs in 2011 which is 3.0% of total employment in the UK economy. The Tourism employment includes airlines‚ transportation service‚ hotels‚ restaurant‚ travel agents and leisure industries directly and indirectly supported by tourism. According to the data‚ there is a decrease from year 2002 to year 2005. Fords end 90 years of British
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2.0 Findings and Discussion 2.1 Definition The International Forum of Travel and Tourism Advocates defines tourism as the activities of persons travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes not related to the exercise of an activity remunerated from within the place visited and also refers to the sector of the national economy with complex functions that unites a number of goods and services‚ offer
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IN PRESS Tourism Management 27 (2006) 1373–1385 www.elsevier.com/locate/tourman The role of community involvement and number/type of visitors on tourism impacts: A controlled comparison of Annapurna‚ Nepal and Northwest Yunnan‚ China$ Gyan P. Nyaupanea‚Â Duarte B. Moraisb‚ Lorraine Dowlerc a Tourism Development and Management‚ School of Community Resources and Development‚ Arizona State University‚ P.O. Box 874703‚ Tempe‚ AZ 85287‚ USA b Recreation‚ Park‚ and Tourism Management‚
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Tourism Tourism is travel for recreational‚ leisure‚ or business purposes. The World Tourism Organization defines tourists as people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes" Tourism has become a popular global leisure activity. In 2011‚ there were over 983 million international tourist arrivals worldwide‚ representing a growth of 4.6% when compared to US$ 940 billion in 2010.[2][3] International
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DISSERTATION TITLE. The impact of tourism in Greece: Future trends and prospects. SUMMARY. The aim of this study is to investigate tourism impact in Greece into the socio economic life‚ as well as for small and big businesses‚ since tourism is one of the most prominent factors of Greek development. The findings were very interesting‚ since it clearly appeared that tourism tendency will be a very dynamic factor over the next years ‚ therefore‚ Greece as well as other tourist destinations‚ need
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Sport and Adventure Tourism Simon Hudson‚ PhD Editor The Haworth Hospitality Press® An Imprint of The Haworth Press‚ Inc. New York • London • Oxford © 2003 by The Haworth Hospitality Press‚ an imprint of The Haworth Press‚ Inc. All rights reserved. No part of this work may be reproduced or utilized in any form or by any means‚ electronic or mechanical‚ including photocopying‚ microfilm‚ and recording‚ or by any information storage and retrieval system‚ without permission in writing from
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Tourism is traveling outside one’s normal environment for not more than one consecutive year for leisure‚ recreational or business purposes. It is important for income within a country‚ providing jobs and it may also raise the standard of living within a country but there are few disadvantages like pollution and disruption of natural habitats which may lead to climate change affecting tourism. Small islands which include the Caribbean‚ Pacific‚ Mediterranean islands‚ just to name some‚ are beautiful
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