Case Analysis Of Tourism

Tourism has become a commercial business, which has obvious benefits to the said economy, the environment and society. Often, the positive economic impacts persuade governments, companies and individuals to get involved with the development of tourism. Tourism creates jobs, both

Several studies have investigated the perception of the local community on the tourism impacts and tourism development. The research by Ramkissoon and Nunkoo (2011) in Port Louis showed that favorable attitude toward the tourism industry was found to support for tourism development, with higher insights of positive tourism impacts, this means that the community shows higher support for the industry. Nejati, Mohamed & Omar (2014) found that locals in Perhentian Island have an ominously greater level of outlook towards the positive economic impacts of tourism than residents in Redang Island after comparing the two islands in Malaysia. Aside from the perceived negative environmental impacts of tourism, locals on both islands

Over the last 60 years, tourism has benefited from continuous growth and diversification, becoming one of the largest as well as the fastest growing world’s economic sectors. Tourism becomes one of the major categories of global trade in services. Nowadays, 7% of global goods and services exports are contributed by international tourism, and for the last four years, it has grown faster than the general global trade.[ Exports from international tourism rise 4% in 2015, (2016, May 6). Retrieved from http://media.unwto.org/press-release/2016-05-03/exports-international-tourism-rise-4-2015]

Given that a number of developing countries now depend heavily on revenues from tourism it is surprising that they have given relatively little attention to the implication of current global economic trends and transformation on the pattern f tourism flow, especially given the extent to which they have already been affected by some of the dramatic changes in the global economic over the last two decades. The impacts and changes of scientific and technological advancement, demographic trends, the rise of new centre of global manufacturing, surging demand for resources, rapid shifts in the pattern of environmental impacts, changes in the nature of risk, political and economic influence, competition and conflict and geopolitical balance of power, and the potential global threats such as climate change, has on developing nations that highly depend on the tourism sector. “Tourism in a transforming world economy: How can small nations prepare for the changes that lie ahead?” McNeil (2014) this shows that tourism plays a significant role in the economy within a country, especially countries that depend highly on it. Heritage and cultural sites can create an opportunity for Jamaica because of its historical backgrounds. Statistics have shown that in UK visits increase by 29% making it 8,874 visits, 48% holiday’s visits and 91,245 stay over that visited castles, historical houses, art galleries and museum (Inbound tourism forecast, 2017).

Tourism plays a vital role in economic development in most countries around the world. The industry has not only direct economic impact, but also significant indirect and influential impacts. There is agreement among experts that the travel and tourism sector is the fastest growing of global economy. According to the latest UNWTO World Tourism Barometer, international tourism receipts surpass US$ 1 trillion in 2011, growing about 3.8%up from 2010 (WTO, 2012).

Another aspect of impact of tourism on a country’s economy is that it facilitates the expansion of the market of goods and services. Foreigners come to a country willing to spend money on different goods and services, thus increasing the amounts of sales. This is a great chance for producers and service providers to receive larger profits. This concerns not only hoteliers, tour operators, and souvenir shops owners. Public transportation, retail stores of different kind, restaurants, and cafes benefit from international tourism. Obviously, if these industries are in demand, businesses will be expanding. On the one hand, it means that more money is paid to the budget. On the other hand, profits generated by the owners are spent inside the country, affecting almost all the fields of the

Tourism is often synonymous to traveling for pleasure and education. It is also a business of attracting tourists and providing for their accommodation and entertainment. In many countries, tourism is an industry for earning Inland Revenue and foreign exchange. The many businesses that grow concomitantly with development of tourism include airlines, shipping, hotels and restaurants, finance companies, tour operators, travel agents, car rental firms, caterers and retail establishments and together,

The negative effects of tourism are widely publicised in a number of destinations worldwide; however it is often underdeveloped nations that are home to natural wonders of the world which attract huge tourism levels. This is significant as these underdeveloped nations often rely on the tourist industry as a main source of income and therefore a source of economic development. Increasing tourism levels often requires

This essay aims to highlight the main political, economic, social and technological factors, which have aided in the growth of modern tourism from 1945 to the present day. It will also aim to show which of these has been the most important in the aiding and why.

The Travel and Tourism industry is still one of the largest single businesses in world commerce and its importance is widely recognized. The tourism industry is now one of the largest sectors earning foreign exchange. In the face of many benefits, many countries have started assigning due weight age to the tourism industry in their national development agenda. Tourism is an industry that operates on a massively broad scale: it embraces activities ranging from the smallest sea-side hotel; to air-lines, multi-national hotel chains and major international tour operators. Originally, non-traditional industries such as tourism emerged as a solution to strike a balance between ecology and industry

According to statistics, tourism generates more than three point five trillion dollars in revenue worldwide. Eighteen million American are employed in travel and tourism related jobs. In America one out of every ten people are employed in travel. Travel and Tourism has generated ninety nine point five billion in revenue for federal, state and local governments.

Although Singapore Tourism industry performed outstandingly in year 2012, there are a couple of challenges expected to face in year 2013. While Singapore have recently launched a couple of iconic tourist attractions such as the Resort World Sentosa, Marina Bay Sands, Singapore Flyers and Gardens by the Bay, our neighboring countries also have a growing list of their own iconic attractions such as Legoland and Hello Kitty Land in Malaysia, Casinos in South Korea and the Philippines. Tourists in the Asia region like China and Hong Kong may consider visiting our neighboring countries over Singapore. This may reduce Singapore’s share of regional tourist spending and may in turn affect the growth of Singapore Tourism industry.

In recent times, with the improvement of people’s living standards, the demand of traveling is increasingly rising. According to the UNWTO, the number of tourists traveling oversea yearly is over one billion (World Tourism Organization, 2016). Not only has this massive figure made tourism one of the key industries, it also makes up 10% of worldwide GDP and 6% of the total export turnover of the world (T. Rifai, 27 September 2015, personal communication). Tourism is a “fertile ground” for all nations in the world, especially developing countries to boost their economic growth, preserve their own proud culture and protect the environment. However, apart from these advantages, the disadvantages that it brings are undeniable. Tourism has both positive and negative effects on the economy, environment and society.

Everyone seems to know about Dubai today and it is well on its way in becoming the tourist capital of the world with one of a kind tourist projects being constructed one after the other. The number of tourists that visit Dubai has increased by 80 percent in the last five years. Endless skyscrapers, restaurants, and malls everywhere in addition to man-made islands that are home to many individuals. One must keep in mind that this city is amid a desert and the water supply cannot meet the demands sustainably, as in this lifestyle cannot continue. With all the glamour in Dubai it is fairly easy to look the other way when acknowledging the impacts all these developments can have on the environment. Tourism projects and the increase in the

By 2016, this should total 1,818,000 jobs, 13.9% of total employment. The Travel and Tourism Industry jobs account for 4.6% of total employment in 2006 and are forecast to increase to total 663,000 jobs for 5.1% of the total by 2016. Tourism can generate jobs directly through hotels, restaurants, nightclubs, taxis and souvenir sales, and indirectly through the supply of Gross Domestic Product (GDP) needed by tourism-related businesses.