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
working opportunities to other industry. For example, the export or transportation of the materials also create more work opportunities of trading and logistic industry. Eventually, there will be higher employment rate. It is an important social contribution to Hong Kong. The high employment rate also means that people have more income, and thus people will have higher comsumption sebtiment (Starr, 2012). People are more willing to become the customers when they have stable or higher income. It is important
Medical Tourism: Overview The term ‘medical tourism’ perhaps still unfamiliar for some people. Medical tourism is best described as a travelling activities across national border with the purpose of receiving some kind of medical treatment (Lunt, et al., 2011). Commonly, it comprises of cosmetic surgery, dental care, elective surgery, and fertility treatment, however it also offer a full range of medical treatments. Such as, cancer therapy, cardiovascular surgeries, orthopedic treatments, weight
visitor arrival and hotel occupancy even retails, dining establishment and affected business reported in decrease rate of customers which causes stock price to fall, due to the situation at hand the government slash the economic progression report to 0.5% in the year 2003 to balance out the pressing issue. However the government together with the other industries including the Singapore Tourism Board has overcome the problem when a relief package being issued to aid those affected by the SARS outbreak
Reliance on Tourism stifles economic growth in The Bahamas. We are a nation that is made up of 700 islands and keys. Economic growth means an increase in real Gross Domestic Product (GDP) and an increase in national output and national income (Economics Help). The Bahamas economy is based primarily on tourism, offshore banking and construction. The agricultural and industrial/manufacturing sectors are comparatively well. Tourism generates more than half of the total GDP and directly employs roughly
Tourism is the world’s largest and one of the emerging industries worldwide (UNCTAD, 2007). As mentioned above, tourism is one of the major industries in many countries, including Sri Lanka, with the highest growth potential. Tourism considers as the world’s largest employer and also considers as major sources of substantial foreign exchange earner to any country (Blank, 1991 & Richards, 2003). According to Beeton (2006), tourism is one of the major means that helps to development of local community
commercials to showcase Tourism attractions on regional airlines. • Guyana’s political environment is considered stable with the exception of occasional Protests. Economic Factors Economic factors affect the purchasing power of potential customers and the company’s individual offerings. • Guyana has been reported by the International Monetary Fund (IMF) as the best performing economy in the Caribbean. Guyana’s economy has been growing since 2006, considering that this growth is taking place in the
International Baccalaureate Extended Essay Question: How should AirBnB develops a growth strategy in China? Topic: Airbnb Grow in size in China. World count: Introduction Travel is a fundamental part of people’s lives in the 21st century. It is just like what Anita Desai said, “Wherever you go becomes a part of you somehow.” In china, those businesses, which are related to the tourism, can gain huge benefit due to its economy of scale. Since travelling is getting more and more popular in
Sustainable socio-economic Growth is an important need of the present world and it has mammoth possibility in the area of tourism sector and Multi-activity in tourism through which the visitor has an opportunity to have firsthand experience with multiple occupations and activities, rural products, traditional and cultural food and the daily life of the people of the host country. In India, Strategic initiatives for development of tourism sector have been taken and must be given top priority because
few decades, tourism and its impacts to poverty and income distribution has been the interesting subject of many organizations, institutions, practitioners, and scholars. As mentioned earlier, UNWTO (2011) perceived tourism as a significant contributor to economic development and the achievement of the UN MDGs. One of the outcome of this approach was the emergence of the pro-poor tourism (PPT) concept in the late 1990s. PPT aims to ‘increase the net benefits for the poor from tourism’ and ensures