Certainly there exists a significant literature on the relationship between tourism and general economic growth, and the terminology of ‘tourism growth led hypothesis’ has become accepted within both the tourism and economic literatures. Among those studies Shan and Sun (1997) and Shan and Wilson (2001) have used econometric techniques within a Chinese context, the latter finding evidence of a re-iterative effect between tourism and trade (imports and exports) as both feed into each other. While their
According to Tribe article, “Tourism is not an old subject of research and activity in universities, but despite its relative youth, it has already generated substantial amounts of knowledge. For example Annals of Tourism Research has been producing articles since 1973. The number of specialist research journals stands at over 50 and a recent search of the CABI(Center for Agriculture and Biosciences International) abstract service revealed the existence of around 50,000 items (mainly articles but
competitiveness and prosperity of the economy. However, the importance of construction industry to Hong Kong has been unjustifiably neglected by the government. The Hong Kong Government has not recognized construction industry as a pillar industry. In our opinion, construction industry has a potential for further development.Its importance will be illustrated from economic contribution and social contribution two perspectives in depth. In the economic part, the most important element is the contribution
from tourism (WWF Nepal, 2013); thus the economic benefit of tourism on an indigenous community residing within Buffer zone area of CNP is negligible (CNP, 2015; Pradhanang, 2002). Furthermore, Banskota, Sharma, Sharma, & Rijal, (1996) study displays majority of employment related to tourism activities at CNP been taken up by non – locals, Bookbinder (1998) shows 61% of hotels owned by outsiders and distribution of tourism economic benefits confined to
travel to. This surge of income from tourism could contribute to the economy, and there are countries that rely highly on tourism to maintain their economic status and financial situation. Cultural, heritage and historical tourism is a rapidly growing industry, and countries can use this as a chance to improve their economy. There are many countries that rely heavily on tourism as a major income source. Most of the countries that are most reliant on their tourism industry are poor or have a relatively
Tourism is one among the major segments which the new government is seeking at to boost the economy of the Nation. After realising that, the MICE segment can be the best game changer for the growth of the tourism, the ministry of tourism also adopted an approach which is aggressive to promote the segment. The new tourism policy in fact have to be released anytime soon has identified MICE as the leading growth driver for the tourism industry in India. MICE is the new buzzword which relates to varied
not just the asia’s biggest sugar milling but also one of the top tourist attraction of Negros Occidental. The development of new facilities is a challenge for the VMC to survive economic threats both locally and globally. By adding an educational and tourism complex, it may support the growing demands of sugar and tourism industry in the country. The proposed development will not only sustain the sugar milling industry but will also benefit the people of Negros and the country. The need for a supporting
Contents: 1.1 Debate the complex nature of destination management… ………....... 1 1.2 Analyze the dynamics of destination management…………………………..…….… 3 1.3 Critically evaluate the importance of tourism…………………………………………......4 2.1 Critically assess the challenges facing marketers………………………………………… 2.2 Identify the tools needed for making decisions………………………………………….. 2.3 Critically evaluate what makes a
and focused on healthy lifestyles. 1.3 Explain how to assess the risks associated with a tourist destination The risks associated with a tourist destination causes political issue, terrorist attacks and nature disaster. It also risk management in tourism damage number of tourist reduce. Identify the risks of destination that could affect towards your destination which focus on natural hazards, technological effect, biological effect and civil war in state. These are main potential crisis causes risk
can lead to severe economic problems for areas that are reliant on tourism and marine activities. Morgan, Jones and Williams (as cited in Oigman-Pszczol & Creed, 2007) specified that the absence of litter has been acknowledged as a wanted beach quality in beach user main concerns. Such concerns have led to local community organizing beach cleanups. Trash is damaging to the tourism industry which is a main revenue generator in Aruba. The degradation of the appealing importance of beaches has a severe