Approach The travel and tourism sector creates more jobs per million of investment than any other sector of the economy and is capable of providing employment to a wide spectrum of job seekers from the unskilled to the specialized‚ even in the remote parts of a country. The author in the following report has a brief introduction of tourism and a little bit of the industry. The report also contains what the industry’s growth is and how the visualizes itself in 2020. The Butler’s Life Cycle model
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6.The economic impact of tourism? Social and cultural impact of tourism As an industry‚ tourism is a dynamic‚ evolving‚ consumer-driven force. It is the world’s largest industry. It is the employer of 183 million people. This represents 10‚2% of the global workforce. By employing one out of every the workers‚ travel and tourism is the world’s largest employer. As an industry‚ tourism is expected to grow much faster than other sectors. Growing so rapidly‚ tourism presents tremendous opportunities
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Sustainable tourism is an industry that attempts to make a low impact on the environment and local culture while helping to generate income‚ employment‚ and the conservation of local ecosystems. It is responsible tourism that is both ecologically and culturally sensitive. Meaning‚ sustainable tourism activities have minimal impact on the environment and culture of the host community. It aims to meet the needs of the present tourists and host communities whilst protecting and enhancing needs in the
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The Authority on World Travel & Tourism Travel & Tourism Economic Impact 2013 World WTTC Travel & Tourism Economic Impact 2013 1 For more information please contact: Rochelle Turner Research Manager rochelle.turner@wttc.org © 2013 World Travel & Tourism Council Contents The Economic Impact of Travel & Tourism 2013 Foreword.................................................................................................................................................
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DLSU Business & Economics Review 22.1 (2012)‚ pp. 119-128 An Economic Analysis of the Philippine Tourism Industry Krista Danielle Yu School of Economics‚ De La Salle University‚ Manila‚ Philippines krista.yu@dlsu.edu.ph The archipelagic nature of the Philippines‚ as well as its colonial heritage‚ offers a wealth of scenic views that invite both locals and foreigners to participate in tourism-related activities. According the Department of Tourism (2011)‚ the industry is one of the three
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Vienna Austria Introduction to the city Vienna is located in the Northeast corner of Österreich‚ or Austria. Austria is landlocked and bordered by eight countries: Germany‚ the Czech Republic‚ Slovakia‚ Hungary‚ Slovenia‚ Italy‚ Switzerland‚ and Liechtenstein. Austria has nine states with Vienna being one of them. Of Austria’s 8.3 million people‚ 1.7 million of them live in Vienna. It is the country’s largest city and capital. Because the city lies on the Danube River‚ it is a major shipping
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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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ECONOMIC DEVELOPMENT SUMMARY CHAPTER 2: COMPARATIVE ECONOMIC DEVELOPMENT (Page 65 – 73) Created By: PATRICIA M. A. ADAM 1006805694 International Undergraduate Program Faculty of Economics University of Indonesia Depok 2013 Larger Rural Populations but Rapid Rural-to-Urban Migration One of the hallmarks of economic development is a shift from agriculture to manufacturing and services. Although modernizing in many regions‚ rural areas are poorer and tend to suffer from missing markets
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The large scale impacts of Tourism include environmental‚ socio-cultural and economic impacts. Impacts can be positive‚ as well as negative‚ but should never be underestimated. The concept of sustainability is factored into these tourism impacts‚ when the size of the impacts become large enough to drastically alter economic‚ socio-cultural and environmental areas of a tourist destination. The importance of these impacts will be analysed and evaluated in this essay‚ keeping in mind that this will
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The social and economic significance of tourism development on a global scale After studying and understanding how deeply tourism development has significantly impacted on the world‚ I have noticed how closely that the social and economic factors are related‚ and how both of these aspects have direct effect on both tourists‚ and the people that permanently reside at destinations that have been extremely popular amongst tourists. The understanding of how economic and social factors interrelate
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