2(2) 2011: 71-80 ISSN 2229 -600X IMPACT OF RECESSION ON TOURISM INDUSTRY Sherwood College of Professional Management‚Lucknow ABSTRACT Tourism industry has contributed enormously in the flourishing graph of India ’s economy by attracting a huge number of both foreign and domestic tourists travelling for professional as well as holiday purpose. Terror threat‚ swine flu scare and hike in air fares and above all the great economic depression hit the tourism sector hard in 2009 with number of foreigners
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cause a meltdown across countries and industries‚ the IT & ITeS sector in India is beginning to feel the heat. Amid fears of a global recession‚ companies‚ especially banks‚ worst-hit by the credit crisis have already started to cut or delay spending on information technology services such as consulting and software development but in the long term the impact will be minimal as the industry’s fundamentals are strong and the value proposition continues to hold good meanwhile it may be the time to
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IMPACT OF RECESSION ON INDIA Indian companies have major outsourcing deals from the US. India’s exports to the US have also grown substantially over the years. More people have sold the shares in the indian share market than they bought in the recent weeks. This has added to the fall of sensex to lower points. One danger meanwhile is of a dip in the employment market. There is already anecdotal evidence of this in the IT and financial sectors‚ and reports of quiet downsizing in many other fields
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Topic: Negative Tourism Impacts Prediction * Risk factors of tourism * Disadvantages of tourism * Conservation of risk factors of tourism Check Prediction * List of tourism impacts * Side effects of tourism impacts * Conservation of natural resources Note Nowadays‚ tourism started to earn itself a very bad name due to thoughtless development‚ and disruption of local cultures‚ values and economies‚ during the birth of mass international travel. *
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IMPACT OF TOURISM ADVANTAGES AND DISADVANTAGES Fe Zuly 2011 Abstract Tourism has become a popular global leisure activity in 2008‚ there were over 922 million international tourist arrivals‚ with a growth of 1.9% as compared to 2007. International tourism receipts grew to US$944 billion (euro 642 billion) in 2008‚ corresponding to an increase in real terms of 18%. This paper is purposed to explain about impact of tourism including advantages and disadvantages. This impact
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dissertation topics 1. Tourism as a development strategy in micro regions‚ demonstrating it by a few specific examples. 2. The role of strategic and operative tourism programs and their contribution to the development of tourism in the regions. 3. The role of Tourism Marketing Boards in the development of regional offers – thematic tours‚ etc. 4. Changes in the scale of values among the inhabitants of those settlements where they make their living from tourism. (Survey of literature and
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Close analysis of case study shows that environmental impacts as well as sociocultural effects have prevented the economic benefits that local communities have received. It is absolutely a fact that tourism has brought a variety of economic benefits to local communities. First of all‚ it creates employment from local people. According to Duval (2004b‚ 4)‚ Caribbean tourism is on the way of development‚ which accounts for over 15 percent of the region’s occupation and nearly 6 percent of its GDP
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school | Economics of Tourism | Research Work | | Hassan Rafique | 11/30/2011 | An insight to the economic potential of Pakistan in terms of tourism | Table of Contents A General Abstract…………………………………………………….. 3 Heritage Tourism………………………………………………………. 4 Religious/ Spiritual or Pilgrimage Tourism………………………….. 4 Cultural Tourism……………………………………………………….. 4 Adventure or Eco Tourism……………………………………………. 4 Wildlife Tourism………………………………………………………… 5 Sports Tourism…………………………………………………………
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10c) Examine how tourism has had social and economic impact on one country. Case study of a national tourist industry Vietnam is located in south east Asia. It has land borders with China‚ Laos and Cambodia. The capital of Vietnam is Hanoi‚ but its principal city is Ho Chi Mich City (formerly Saigon). Vietnam is the 13th most populated country in the world with over 90 million citizens. In 2008 its GDP was $241 billion and its GDP per capita of $2‚800. It is one of the fastest growing economies
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Assignment Title: Tourism Impacts on New Cruise Terminal at Kai Tak TABLE OF CONTENTS 1. Introduction 2. Background 3. Analysis 4. Conclusion 5. References Introduction Hong Kong in Chinese literally translates into “Fragrant Harbour”. Victoria Harbour is the heart and soul of Hong Kong‚ which is famous as being one of the world’s greatest commercial and trading centres. Its natural harbour is capable to support even the largest ships because of its natural depth
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