Disadvantages Of Travel And Tourism

Sustainable development is the economic development that is conducted with depleting natural resources and also the development of tourism that meets the needs of the present without compromising future generation’s ability to meet their own needs (WCED, 1987). Sustainable tourism refers to the practices, policies and programs that is considered to reach the expectations of the tourist with not natural resources management but also the communities that are affected by tourism (UNEP, 2011). Sustainable tourism should maintain a level of tourist satisfaction as well as their expectations. Taking the opportunity to raise awareness to them about sustainable issues and promote sustainable practices amongst them (UNWTO,

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]

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).

Tourism & hospitality is one of the world’s rapidly growing industries as income is generated through the expenditure of goods & services required by tourists. The tourist is therefore very important to the wellbeing of many countries.

With the passage of time traveling industry has emerged as one of the most profitable and lucrative industries globally. This can further be demonstrated from the fact that traveling industries today are just not localized to providing their customers with tourism related facilities but along with this they also ensure that their customers make use of all possible facilities and leisure resources through which their clients can enjoy the most memorable trip ever. In addition to this it is also important to mention that the recent economic slump developed serious repercussions upon the development of the travel industry. It was estimated that in the year 2008 international travel

Travel and tourism is one of numerous of important component that impact on economic growth and also become foreign revenue for Indonesia. Indonesia as a biggest archipelago country in the world offered several kind of aspect, like natural beauty, historical heritage, and cultural diversity. In context of travel and tourism affecting on economics growth, the data from world travel and tourism council stated that In year 2013 travel and tourism industry of Indonesia was contributed directly 3.1% of GDP or IDR. 281,632 billion and it could be raised 8.1% in 2014 and its expected rise to 5.3% from year 2014 until 2024 (world travel and tourism council; travel and tourism economic impact, 2014; page 1).

In Sri Lanka, tourism industry is one of the fast developing industries of the economy with average annual revenue of US $ 500 million at present. Tourism industry is the sixth major foreign exchange earner in Sri Lanka. The industry provides the employee opportunity more than 125,000 persons. Currently, nearly half a million tourists visit the country each year. Sri Lanka has attractive greeneries, exotic sandy beaches, historical artifacts, better climate, and spectacular landscape in the highlands, a rich biodiversity and friendly and welcoming people. These attractive and the unique opportunities will be exploited to grow the tourism industry as a main growth sector in the development of the economy. The government’s vision is to convert Sri Lankan tourism sector, by 2020, to be the main foreign exchange earner in the economy; position Sri Lanka as the world’s most precious and greenest island and attract high spending tourists while protective the natural habitats, country’s cultural values and

Tourism is considered as an exceptionally complex whilst significant economic activity that sometimes appears to have as many detractors as supporters. According to Timothy A. FaladeObalade and Suchi Dubey (2014), the tourism industry began in the year of 1960 and has developed rapidly during the last five decades in terms of income generating and the total number of tourists who travel domestically as well as internationally. It was proven that tourism industry is a powerful source of revenue, even during the economic crisis, despite some fluctuations in tourism that has been caused by certain circumstances such as terrorist threats as well as severe diseases such as SARS and HIV.

In the text of Business Dictionary (2016), travel is act of traversing through a geographic region or moving from one place to another. This can be temporarily, as is often the case and can be for a short period of time. Travel also is kind of life, except it happens someplace else. You wake up. You eat. You go out and see things, do things. And you meet people; some of them you get along with, some you don’t. Everyone likes to make the travel as a hobby for them. But, before making a plan to travelling, there is several things need to survey.

“Tourism can be a blessing to a country but it is by no means an unmixed blessing.” Discuss

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

In terms of economic benefits, the tourism industry has been growing at an unprecedented speed. It ranks number third in exports category with 7% of the yearly totals. As an industry, it represented 1.5 trillion dollars in 2015, with $1260 billion earned by the receipts in the same year. Tourism provided with 109 million jobs worldwide in 2016. As it

The total contribution of travel and tourism includes the direct contribution (accommodations, transportation, entertainment, attractions, retail purchases, etc.), as well as indirect contributions as well as investment spending; the impact of purchases from supplies; and the spending of direct and indirect employees. The total contribution of travel and tourism in the Caribbean accounts for 14.8% of GDP in 2015 for a total of US$ 53.1 billion, and was expected to reach 14.9% of GPD in 2016 for a total of US$ 54.5 billion. By 2026, travel and tourism is expected to account for 16.2% of GPD for a total of US$ 76.2 billion. Over 2,255,000 jobs were generated in 2015 (13.3% of total employment) and is expected to be over 2,276,000 jobs in 2016 (13.4% of total employment). By 2026, travel and tourism is expected to account for 2,786,000 jobs (15.2% of total employment). (World Travel & Tourism Council, 2016, pp. 2-4).

Allows government to have money to do road works, school construction and all other governmental works.

Euromonitor International from trade interviews and official sources (including Tourism Malaysia Profile of Tourist 2004), cited in Travel and Tourism in Malaysia, 2006, pp.25