Economic Impacts of Tourism
Approach
The travel and tourism sector creates more jobs per million of investment than any other sector of the economy and is capable of providing employment to a wide spectrum of job seekers from the unskilled to the specialized, even in the remote parts of a country. The author in the following report has a brief introduction of tourism and a little bit of the industry. The report also contains what the industry’s growth is and how the visualizes itself in 2020. The Butler’s Life Cycle model and what are the economic impacts on tourism have also been explained. This report contains Singapore as its main example to prove that tourism does have an impact on the economy. The author has given facts and figures to prove that Singapore economy has very high relevance to tourism, Singapore has also been put on the life cycle and explained. Thus concluding that Singapore’s tourism does impact the economy.
Content
Tourism may be defined as the processes, activities, and outcomes arising from the relationships and the interactions among tourists, tourism suppliers, host governments, host communities, and surrounding environments that are involved in the attracting and hosting of visitors.
World tourism organization defines tourism as, tourism comprises the activities of persons traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes.
Wealthy people have always traveled to distant parts of the world, to see great buildings, works of art, learn new languages, experience new cultures and to taste different cuisines. Long ago, at the time of the Roman Republic, places such as Baiae were popular coastal resorts for the rich. The word tourism was used by 1811 and tourist by 1840. In 1936, the League of Nations defined foreign tourist as "someone traveling abroad for at least twenty-four hours". Its successor, the United Nations, amended this definition in 1945, by including a
The travel and tourism sector creates more jobs per million of investment than any other sector of the economy and is capable of providing employment to a wide spectrum of job seekers from the unskilled to the specialized, even in the remote parts of a country. The author in the following report has a brief introduction of tourism and a little bit of the industry. The report also contains what the industry’s growth is and how the visualizes itself in 2020. The Butler’s Life Cycle model and what are the economic impacts on tourism have also been explained. This report contains Singapore as its main example to prove that tourism does have an impact on the economy. The author has given facts and figures to prove that Singapore economy has very high relevance to tourism, Singapore has also been put on the life cycle and explained. Thus concluding that Singapore’s tourism does impact the economy.
Content
Tourism may be defined as the processes, activities, and outcomes arising from the relationships and the interactions among tourists, tourism suppliers, host governments, host communities, and surrounding environments that are involved in the attracting and hosting of visitors.
World tourism organization defines tourism as, tourism comprises the activities of persons traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes.
Wealthy people have always traveled to distant parts of the world, to see great buildings, works of art, learn new languages, experience new cultures and to taste different cuisines. Long ago, at the time of the Roman Republic, places such as Baiae were popular coastal resorts for the rich. The word tourism was used by 1811 and tourist by 1840. In 1936, the League of Nations defined foreign tourist as "someone traveling abroad for at least twenty-four hours". Its successor, the United Nations, amended this definition in 1945, by including a
Bibliography: Books: • COOPER, C., FLETCHER, J., et. al. (2005), “Tourism: Principles and Practice”, UK, Prentice Hall. • COOK, ROY A.; LAURA, J., et.al, (2007), “Tourism: The Business of Travel”, Pearson Education, New Delhi. Articles and Reports: • Alvares, D., Lourence, J., (2006), “LIFE CYCLE MODELLING FOR TOURISM AREAS”, University of Minho • Blanke, J., Chiesa, T., (2009), “The Travel & Tourism Competitiveness Report 2009 Managing in a Time of Turbulence”, World Economic Forum • Henderson, J (2006), “Uniquely Singapore? A case study in destination branding”, Journal of vacation marketing • Khan, H., Toh, R., (2001), “Singapore 's Tourism Industry : How its Strengths Offset Economic, Social, and Environmental Challenges”, Cornell Hotel and Restaurant Administration Quarterly