The Relevance of Tourism on the Economic Development of Cross River State, Nigeria

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

The Republic of Cabo Verde, also known as Cape Verde, is the Small Island Developing States in which characterized by isolation, prone to natural disasters, repetition of drought, and small business size. According to African Development Bank (2016), weak global economy and domestic vulnerability cause Cape Verde’s economic recovery remains frail. Cape Verde's economy is limited by the difficulties of limited area of island, the lack of mineral resources, and rainfall deficiency; these difficulties vanish the idea of agricultural and natural resources production. As a result, the business tourism, tourism-related foreign investment, and remittance are major contribution to the country’s economy. As tourism has increased since 2013, domestic

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

The downgrading of the Indian rupee against the dollar is of immense anxiety to almost every industrial and service sector in the Indian economy. However, India's current economic woes are good news bulletin for visitors. Whether it is foreign tourist arrivals or domestic tourism, India's tourism industry is experiencing a real bang. The intensifying value of the dollar against the rupee has made quite a shock on the foreign travel plans of many Indian holidaymakers, prompting them to toggle to cheaper destinations to make their depreciated currency go further. As a result, domestic destinations like Goa and Agra are witnessing increasing interest. Anticipating an inbound travel upswing during the winter season, tourism stakeholders nationwide are excited about the prospects of a robust tourism

While many problems are associated with International tourism, it can still offer some advantages. For one thing, International tourism can open job opportunities for the native citizens. To demonstrate, when tourists visit an area, the vast majority of them don’t have a clue on

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).

Good climate: Good climate is one of the most important features of attraction for any tourist place. Pleasant climate with warmth and ample of sunshine attracts tourists who come from the temperate and colder regions. For

History: pilgrimages, the grand tours, post industrial revolution, post war, current; factors facilitating growth eg technology, time, money, freedom of movement, infrastructure, social conditions; possible future developments eg sustainability Travel and tourism sector: travel services; tourism services; conferences and events; visitor attractions; accommodation services; passenger transport; relationships and links, levels of integration; Liepers tourist system, chain of distribution; private, public and voluntary sectors

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

Recent economy data indicates that there is a widespread growth in the global economy since 2016 and economic development in the Asia-Pacific region remains strong and promising.The region's growth rate is projected to rise from 5.3% in 2016 to 5.5% this year. The region is expected to continue to lead global growth in 2018, and growth is projected to remain strong at 5.4%. Many of the major developed and emerging market economies, particularly the US and commodity exporters, have been growing

- Other countries in South-East Asia develop their tourism very fast and could attract the potential tourists

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,

Tourism is one of the most exciting and progressive industries in the world. Tourism today is a leisure activity of the masses. People travel to international destinations to break the regular monotony of life. They are mainly attracted by either the scenic beauty of its nature or by fascinating leisure, sports and adventure activities offered by the destination. However, every destination has some internal strengths and weaknesses that either enhance its capacity to attract foreign visitors or diminish it. Similarly the external environment can create various opportunities or exposed to threats as well.

In economic aspect, tourism can boost the economy of the developing countries by receiving tourist spending, the money received can further drive the income of different industries and sectors inside the economy, which can be explained by the Tourism Multiplier Effect (Leuterio, 2007). In fact, not only can tourism create employment in the tertiary sector, but also stimulate growth of the primary and secondary industries. To be precise, tourism in an area encourage the employment related to business supply services and building of hotels. Then, the employees of the tourism industry spend their income on other services in the local area, with increase in tax revenue at the same time. Therefore, improving the earnings of other

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