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 largest industries in the country. This study aims to measure the economic impact of tourism
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IMPACTS OF FOREIGN TOURISM TO INDIA POSITIVE IMPACTS 1. Generating Income and Employment: Tourism in India has emerged as an instrument of income and employment generation‚ poverty alleviation and sustainable human development. It contributes 6.23% to the national GDP and 8.78% of the total employment in India. Almost 20 million people are now working in the India’s tourism industry. 3. Source of Foreign Exchange Earnings: Tourism is an important source of foreign exchange earnings in India
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people travel to Vienna is for The Prater. It is an amusement park that dates back to the 1700s. In The Prater‚ the main attraction is the Giant Ferris Wheel which brought in about 660‚000 visitors in 2008. Positive Impacts Local Economy Vienna brings in a massive amount of tourism money into both the city and its surrounding areas‚ causing this region to have secure and stable economic growth. Vienna is recognized as one of Europe’s most successful city destinations by adding an approximate four
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The effects of tourism and its impact in the Philippines. Is the proliferation of mega malls in the Philippines beneficial to the country? Why? For me‚ the rapid growth of mega malls in the PH is not that beneficial to the country because it takes away the opportunities for other small time investors to produce and to build new businesses. There will be less opportunity for others who want to build their own business because of the monopoly they are creating and the center of market. Having
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the most essential things for tourism to be successful in a particular place is the quality of the environment‚ both natural and man-made. However tourism involves many activities that have a negative effect on the environment. These occur when the level of usage is bigger than the amount of caring for the environment. Uncontrolled tourism is threatening many natural areas around the world. It can put great pressure on an area‚ and lead to negative environmental impacts on air and water quality‚ vegetation
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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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service. Learn what methods marketers use to take 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
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