Prior to 1979, the economy of the island of Saint Lucia relied heavily on agriculture with the profitable banana industry dominating the market. The success of agriculture began to decline with the establishment of large global trading blocs and new rules set out by the World Trade Organization. The business of banana began to suffer from increased competition from much larger producers and more expensive inputs. However, along-side the boom in agriculture, the island leaders recognized the potential of Saint Lucia`s natural wonders and their ability to captivate and lure visitors. In order to transform into another economic mainstay was challenging as the island developed its infrastructure in preparation. This in turn attracted international investors including hoteliers who sought out unspoilt beaches and coastal hilltops to build the properties that would form the foundation for tourists’ accommodation.
Today, Saint Lucia`s tourism product is as diverse as the island`s flora and fauna. Visitors no longer just stay in a hotel, but have the opportunity to tour the island and really enjoy this islands paradise to suit their taste and budget.
The tourism product
Saint Lucia`s tourism product continues to thrive, offering regional and international visitors a full range of accommodation amenities ranging from small and intimate inns situated in scenic, remote and private locations to hotel chains such as the Windjammer Landings Beach Resort and Sandals Group situated on prime beachfront property. The island`s tourism setting encompasses a mixture of self-contained villas, luxury condominiums and state of the art golf courses.
A Tourism Incentives Act outlines a range of tax and non-tax incentives offered to approve i...
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...It has created an intra-regional (Caribbean) tourism market which was largely omitted in the tourism marketing strategies of most Caribbean tourism organizations.
The spending habits of festival tourists have been very significant as a share of total visitor expenditure. Nurse (2001) observed that festival tourists are quite knowledgeable about the art forms and the region’s culture and history. They tend to stay longer on the island and spend more on local goods and services than the conventional tourist. They also tend to be repeat visitors and good word-of-mouth spoke persons. The Government of Saint Lucia has begun to incorporate festivals in their tourism development strategy but more research is required (economic impact assessment) and more investments should be made in the development and infrastructure in the arts and cultural industries of Saint Lucia.
Brida, J. G., & Zapata, S. (2010). Economic impacts of cruise tourism: The case of Costa Rica. Anatolia: An international journal of tourism & hospitality research, 21(2), 322-338.
St. Thomas has always been dependent on tourism. For years, tourists have been visiting the island for its pristine beaches, and is known as the best shopping spot in the caribbean. The tourism industry is very important to locals, because this is what gives many their source of income. Usually St. Thomas is booming with tourists. However, recently the island has gone through a rough patch. Two category five hurricanes struck the island within two weeks of each other, creating a serious downfall in the economy.
Michael Grosberg, a writer of the lonelyplanet, describes D. R, as a country blessed with one of the Caribbean’s most diverse landscapes, stunning mountain scenery, desert scrublands, romantic colonial architecture, the friendliest people and plenty of stunning beaches. These natural, historical and social characteristics make tourism rank as the highest revenue earner in its economy, producing earnings of US$4.3 billions
(2017). The future of Caribbean tourism: competition and climate change implications. Worldwide Hospitality & Tourism Themes, 9 (1), 44-59. Retrieved October 11, 2017 from EBSCOhost Database
The report presents an overview of the national and international tourism policies that have been drafted and implemented throughout the years. I will compare and contrast the Maltese Tourism Policy (2006 & 2012) with the British Tourism Policy (2011). Goeldner and Ritchie (2009) identify a tourism policy as a set of regulations, rules, guidelines, directives, and development/promotion objectives and strategies that provide a framework within which the collective and individual decisions affecting long-term tourism development and the daily activities within a destination are taken”. The main purpose of any tourism policy is to generate income and create employment. In fact, tourism is one of the crucial generators of income all around the world. In this case, the two countries; Malta and England are largely dependent on this industry so it is of particular importance that they adapt an effective policy.
Global business is widely growing and increasing day by day, it has indeed manufactured benefits to both world and individual economy of a country. It plays a vital role to make it sustain in the long term profitability and also helps to improve interconnection between countries. Tourism business is however inter-related with world business and economy as it contributes a large amount of money exchange and also cuts the boundary of cultural and social backgrounds in other words the world has become local to everyone through tourism and globalization. Tourism in other words is a business which has grown globally and has become popular by marketing its products and aquatics every where around the world.
Sri Lanka's tourism sector is developing rapidly, strengthened by an increasing range of national and international air travel networks and rising awareness of its countless attractions, as well as better safety awareness since the end of Sri Lanka’s civil war. With international tourist arrivals increasing rapidly, Sri Lanka's hotel and accommodation sector is inviting substantial foreign investors. The luxury hotel sector in specific is developing rapidly.
For the introduction, brief information regarding my purchase and the travel and tourism industry is presented. It was then followed by the explanation of the 2 chosen theories from two different chapters.
When one thinks of Barbados, one thinks of luscious, turquoise blue waters; soft white sand beaches; blue, white clouded skies; fresh fruits; exotic, delicious dishes and honeymoons. One, however, tends to forget the formation of this land. This Caribbean luxury Island has much history and great heritage. In this report, I will detail Barbados’s location, history, labor relations, population size and structure, industries, plus add a little zest with the beauty of the Island.
It is the economic effects of tourism which bring the most benefit to the host nation. Tourism is a low import user which means more of the money earned here stays here. The government is earning money through tourist taxes such as the airport tax, increased export earnings and income tax revenue from people employed by the industry. A balance must be struck between these benefits and associated negative impacts on the community and the environment.
Janeczko, B, Mules, T & Ritchie, B 2002, ‘Estimating the Economic Impacts of Festivals and Events’, Sustainable Tourism.
According to the ‘World Tourism Organization’ (UNWTO), the tourism industry is one of the fastest growing sectors in the world, as it is estimated that by the year 2020, 7.8 billion people (roughly a quarter of the world’s population) will embark on a foreign trip (Bennett & Gebhardt 15). The Caribbean is said to be the most economically dependent on this industry, as the ‘Caribbean Tourism Organisation’ states that the industry forms the “economic backbone of most countries in the Region”(“Caribbean Tourism Industry” 1), implications for what tourism’s affect on the region have arisen and have prompted further research into matter. Since the 1970’s research regarding tourism in the Caribbean has attempted to determine the social, cultural, environmental, and economic impacts of tourism. Much of the research has found that there are in fact many negative adverse affects, and Jackson’s article asserts that, “Governments often commit money and other resources to support the growth and development of tourism and often turn a blind eye to its negative impacts” (574). The reason why tourism looks attractive (and thus turn a blind eye) to these Caribbean countries is because of “its potential to foster GDP growth, to create employment, to increase foreign exchange earnings, and attract capital investment” (Daye, Chambers, and Roberts 2). This paper will overview such impacts by first discussing a case study conducted in Jamaican resort town, Ocho Rios, with Sheere Brooks discussing the observed social, cultural and economical consequences of Jamaica’s reliance on the tourism industry and will finally look at tourism in relation to capitalism, with Robert Fletcher suggesting in his article that the tourism industry (and more specifically...
Mauritius also includes Indian temples, gardens with rare species of flora and fauna and you can have a unique experience of swimming with dolphins. The city offers very good accommodation with so many services like world class spas, top-flight golf courses, sauna, massages, private Jacuzzi, well-designed gardens and such a mouthwatering
I got dazzled once again by the beauty of St. Martin. St. Martin is undoubted a special place for vacation and one of the most beautiful islands in the world. Among all the places I have visited, it is the most unique. If anybody asks me about a vacation spot, the first thing that comes up in my mind is St. Martin. This is not for it is in my country but for its explicit natural beauty, social environment and the facilities available there.
Tourism has long been one of the leading sectors in the world economy and its role is particularly invaluable in Nevis and the wider OECS sub-region. It makes a major contribution to GDP, provides employment to many and is an important factor in shaping our island’s image. As the world continues to evolve and new challenges arise, our tourism industry must adapt. We must allow the tentacles of the tourism industry to extend to various sectors, such as arts and culture, so as to strengthen its diversity and durability, particularly during these turbulent economic times. As the Secretary General of the Caribbean Tourism Organisation, Hugh Riley, recently stated at a CTO Sustainable Tourism Conference, “The relationship between tourism and cultural heritage must be intimate and infinite, especially in the Caribbean which offers an authenticity and diversity that can be found in no other tourism destination.”