INTRODUCTION Can the Bahamas survive without branching into other areas of tourism? The tourism industry today is big business for a country‚ it is the number one industry of the Bahamas. It is the migration of individuals from one place to another for a short period of time. There are two types of tourism‚ domestic and foreign. People travel for recreation‚ business‚ sports‚ education and for religious or medical purposes. Tourism is a very competitive industry. It accounts for seventy percent
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What is Tourism? Tourism involves the short term movement of people to destinations outside the places where they normally live and work. It also involves the activities of people‚ referred to as tourists or visitors‚ during their visit to these destinations and the facilities and services patronized during their stay. Many studies on tourism have been conducted yet there is not one single definition that everyone complies with. The United Nations World Tourism Organization however‚ defines tourism
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- The Bahamas tourism industry is not only a valuable contributor to the economy of the Bahamas‚ but a significant contributor to employment sector of the Bahamas as well. The tourism industry contributes over 3.5 million dollars to the economy annually and employs more than 50‚000 people. Developing a strong and sustainable tourism industry will ensure growth in employment. A ten year tourism plan will help to protect the jobs of the 50‚000 Bahamians who are directly and indirectly employed
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The Bahamas has been shaped by the tourism industry and one need only review the Bahamian history to support this. Tourism has been the vehicle which has enabled The Bahamas to make the transition from a simple economy based on fishing‚ privateering and a failing sponge industry‚ to a sophisticated modern economy. With tourism accounting for as much as 70% of national income‚ 50% of total employment and 60% of government revenue‚ it is indeed the bedrock of the global economy of the Bahamas. According
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The economic disadvantages of the Tourism industry: The Bahamas should diversify its economy! Successfully operating a business in an ever changing world requires vision on the part of the entrepreneur; this means being able to predict future trends and prepare the company for forecasted changes in the economic system. In truth‚ commanding a country is no different than that of a business as it too should be able to adapt to global changes in the economy. Machiavelli‚ the esteemed
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The Bahamas: A Tourism Success Story When we mention the Bahamas‚ what comes to mind‚ white sandy beaches‚ 2 day cruising‚ parasailing‚ water skiing‚ all night beach parties‚…tourism? Yes‚ the Bahamas is world renown for their active part in tourism. They are the third richest country in the Americas and the richest country in the world with a predominantly black population‚ all owing to tourism. There are several other Caribbean countries which actively involved in tourism‚ yet‚ none are
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INTRODUCTION According to Collier (1997) tourism involves three aspects‚ it involves people(tourists) away from their usual habitat‚ the activities of people away from their usual habitat will normally give rise to an industry and the activities of both the people and the industry may or will have impact on the host community. 2.0 DISADVANTAGES OF TOURISM 2.1 THREATHEN INDIGENOUS IDENTITY Tourism gives positive impacts to a country but the impacts arise when tourism brings about changes in value systems
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Now days people become aware of decreasing in the travel expenses of the international travelling and this has positive impact on the tourism industry‚it is a trend without drawbacks.Both positive and negative impact of the increasing tourism activity will be discussed in this essay. Tourism industry is playing a important part in different countries in term of social economy.Firstly‚a host countries will benefit in term of currency exchange rate thus has a positive impact on the locals whether
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ADVANTAGES & DISADVANTAGES OF TOURISM Advantages 1. Tourism provides foreign exchange (US dollars) which allows: i) The government to pay bills such as: a) Allows government to pay foreign debt. b) Allows the Bahamian dollar to stay on par with the US dollar. c) Allows government to pay the thousands of persons employed in government their monthly salaries. d) Allows government to have money to do road works‚ school construction and all other governmental works. ii) Allows Bahamians
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are decreasing and tourism is growing. What are the advantages and disadvantages of increasing tourism activity in different countries? Nowadays more and more people are becoming aware of the decrease in the expenses of travelling and hence tourism is booming. Although many may see this as a positive phenomenon‚ it is not a trend without drawbacks. Both the pros and cons of the rapidly growing tourism activity will be discussed in this essay. It is believed that tourism is playing an important
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