Introduction
In this paper, I will be looking at the economic, social, political and environmental influences that tourism business has on the economy of Australia. Subtopics include employment, imports and exports, and major tourist locations in Australia. This paper looks at historical impacts and how current events are affecting the business and tourism industries and what this means for the future of Australia.
Economic
To begin a discussion on the economic state of tourism businesses within Australia, an industry that has contributed 46.3 billion AUD or 2.8 percent to the country’s gross domestic product in 2015 with the forecast for 2016 to be 4.1 percent. Of this, 83.5 percent was leisure travel and 79 percent was domestic travel within the country. The percent of GDP from travel and tourism in 2005 was 3 percent and over the next 6 years travel and tourism continually contributed less to GDP while the dollar value remained relatively constant until 2014 when the dollar value and percent of contribution began to increase. The number of jobs created from travel and tourism since 2006 has increased steadily though the percent of whole economy employment has been decreasing, this would imply that the employment of all non-travel and tourism has been growing at a faster pace than that of travel and tourism (World Travel and Tourism Council, 2016).
In 2015, Australia had the largest number of visitors from New Zealand, China and the United Kingdom (UK) while the
Foreign and domestic tourism is an important component contributing to Australia’s economy. The major tourist attraction sites in Australia include the coastal towns of Melbourne, Sydney, Brisbane, Perth and Adelaide. The nation is known worldwide for beautiful tourist attraction sites such as the Great Barrier Reef, the Sydney Opera House, Outback- a vast interior wilderness desert and wild sanctuaries like kangaroos and duck-billed platypuses (Buckley, etal, 2000, pp.27-45).
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
Tourism has taken a toll on many Native Hawaiians and is a huge human rights issue today. Most Hawaiians dislike tourism greatly due to the selfishness and greediness tourists bring to their home country. The pastor at a small rural church on the island of Kauai, Reverend Kaleo Patterson, has witnessed and dealt with numerous Hawaiians who struggle with the issues of tourism. Numerous vacation resorts that attract tourists have taken over gravesites of Hawaiians that have passed away. Due to this problem ancient Hawaiians have to partake in reburials. Tourism causes destruction to coral reefs and rivers because of mindless pollution. Reverend Patterson has protested and given public hearings in effort to acknowledge her fury on tourism. Tourism has brought an uncontrollable worldwide business that has no sympathy or thoughtfulness for the original people of Hawaii.
The number of trips taken by Britons overseas has declined by 12.6 million, from 69.4 million to 56.8 million between 2007 and 2011, according to the research by Travelodge. This means that 5.9 million holidays and trips have come out of the market altogether when the number of domestic holidays and trips are factored in. This is shy of the government’s stated ambition for domestic trips to replace the number of missing overseas trips, the report says. However, the analysis shows that ‘staycation’ breaks were up by 5.6% as the recession proved that holidays are an essential rather than a luxury. UK city breaks account for 23% of domestic tourism but seaside towns are in decline by 5%. Total tourism revenue was up 12.6% to £40 billion between 2007-2011 against the general economy up 8%. Employment numbers in tourism have bucked the wider trend, thanks to strong growth in 2011 when 120,000 new jobs were created. The UK’s appeal as a tourist destination endured during the double dip, with overall visitor numbers up by 3.1% to 157.4 million, the report shows. Staycations form the backbone of the tourism economy, with domestic trips and holidays increasing by 5.6% to 126.6 million.
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 for Indonesia at around US 5.5 billion (2003). Tourism is very labour intensive, with the influx of tourists more services are required thus leading to more creation of jobs, even though it increases job opportunities and higher paying jobs,
Refer to the economical status of Australia status through last 5 years, Australian government as the leader of Australian aboriginal tourism direction is now concentrating in promoting domestic travelling among Australian
The travel and tourism industry is one of the world's largest industries with a global economic contribution in 2016 alone of over 7.6 trillion U.S. dollars (Facts, 2017). Over the past six decades, tourism has experienced continued expansion and diversification to become one of the largest and fastest-growing economic sectors in the world (http://www.e-unwto.org/doi/pdf/10.18111/9789284418145). With this exponential growth, there is a need to harness this potential to benefit all stakeholders involved, from local communities to global corporations. According to Tourism Research Australia (TRA), tourism in 2016 brought in over fifty-three billion dollars into the Australian economy (***fact sheet in Excel). While this represents over three percent of the total GDP of Australia, it is hard to delineate how much of this revenue is attributed to cultural tours and experiences provided by Indigenous Australians. For Indigenous Australians, this new avenue has potential to create job opportunities as well as revenue, but also may contribute to problems brought into effect by the mandating of professional standards. While latent prospects are present, the ability to balance between cultural preservation and mainstream Australia will prove to be a difficult undertaking.
impact on Australia’s inbound tourism in the short term. This is due to the assumption that if a
Tourism is an endeavour sought by an individual or a party of individuals, which leads to a movement from one place to another with the idealism of a specific task, to visit a place or several places with the primary purpose of achieving entertainment and increasing knowledge of countries, cultures, and their history. The expression ‘largest industry in the world’ is universally used with mention to tourism, ensuring its recognition as the largest generator of wealth (over 11.7% of the global gross domestic product) and employment (7% of the world’s jobs); this shows that tourism is indeed an important industry that depends on culture and legacy.(Budeanu, 2002) Vancouver is feasibly one of the most prevalent tourist destinations in Canada
As mentioned by Rimmington & Morrison (2009), the assistance from different parts of the world presents a new and diverse outlook for future research including theoretical innovations and revelations, cultural and environmental aspects, tourist destination and other ecotourism and recreational aspects of tourism and hospitality industry (Brotherton,
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).
Britain has been over the news due to the British exit the European Union, which this event is known as Brexit (Hunt, 2016). This decision brought a large impact on every country in Britain, but the Britain has not started negotiate with European Union about adapting regulations to minimize their negative consequences. Before people can list potential impacts of Brexit on Britain’s tourism, it is important for people to understand how well the Britain was doing in the tourism industry. In addition, it is important to analyze and understand what type of tourism impacts on Britain. So, people would know how Brexit will change its policy and what impacts will bring to their current life. It will provide an idea of how the changes of regulations will impact different countries and the region. Thus, it provides an understanding of how tourism helps to develop the Britain in terms of environmental impacts, socio-cultural impacts, and economic impacts.
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
As can be seen, the macro environment has had a significant impact on the tourism industry during the 2000s. The key factors affecting tourism negatively would be the political, social and
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