Essay on The Tourism Industry

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The Tourism Industry Tourism is regarded as one of the most efficient, organised and marketed commodities in the world. Accounting for more than $655 billion of global income per year and 70 million jobs worldwide, the tourism industry has become the largest in the world; exceeding the oil and car industries.The World Trade Organisation definition of tourism is activities that require travel from home and staying away from home for at least 24 hours. It not only includes holidays (although they do account for 70% of all journeys), but business trips or visiting friends or relatives. The tourism industry can be separated into two different categories. These are international tourism, where a…show more content…
In addition, as more tourists enter the country, more money is earned through tourist spending, which can be used for further development. For example, the 27.8 million overseas visitors who came to the UK in 2004 spent over £13 billion (which was a 12% increase in the number of visitors compared with 2003, and a 10% increase in spending). Britain was the first European country to industrialise by 1800 and the industrial society was the first society to offer time for leisure to a growing number of people. Initially this did not apply to the working masses, but rather to factory owners and traders. These comprised the new middle class. The British origin of the tourism industry is reflected in many place names. For example, in Nice, one of the first and best established holiday resorts on the French Riviera, the long boulevard along the seafront is known as the ‘Promenade des Anglais’. Tourism did not spread to LEDCs or NICs, such as those in South America and South East Asia, until the 1980s due to the lower living standards and lower rate of economic development. However, as countries in these regions, such as Brazil, Singapore and Malaysia, are beginning to industrialise, living standards are increasing. For example, in 1995 GDP per capita in Brazil was $6150
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