Significance of tourism and hospitality Tourism has enabled new waves on the world new horizon. Tourism has made the world a truly global village. It is among the fastest growing sectors in the economy and has significant impact on the environment, society and economy in both positive and negative ways. Tourism combines attraction, accommodation, transportation amenities, restaurant, entertainment activities and shopping. It is one of the most important tools for economic development.
UNESCO has seen the Emirate of Dubai as being an exciting emirate that has taken actions in protecting the wealthy ethnic heritage of the Arabs. Traditional example is anchoring the Dubai Shopping Festival in ethnic ideals that are nearby and convent... ... middle of paper ... ...es and processing. An opportunity also occurs that the UAE can be embracing globalization fully so as to control provides. It is usually the leading cause for worldwide expansion. A number of UAE's services and cultural goods even have global appeal since they are easily applicable in a part of the industry for tradition enrichment.
The Economic Impact of Tourism The Effects of Tourism on Dubai Introduction Dubai is one of the few cities in the world that has undergone such a rapid transformation - from a humble beginning as a pearl-diving center - to one of the fastest growing cities on earth. Dubai today is a tourism, trade and logistics hub and has earned itself the reputation of being the ‘gateway between the east and the west.’ It is also considered as the dynamic nucleus of the Arabian Gulf region. Home to just over 2 million people from more than 200 nationalities, Dubai is one of the most cosmopolitan cities in the world. Living in Dubai has a lot to offer. It is safe, politically stable, centrally located, and has a good education system and healthcare facilities, modern infrastructure and much more.
have put this country on every future tourist’s radar. With Architecture being one of its main attraction because of tremendous structures like The Jumeirah Beach Hotel been the icon of Dubai, which is one of the most remarkable land marks of this wonderful country that now is consider “The Architects’ playground”. All of this development and incredible infusion of money, design and extravagance makes the country a very attracting places for millionaire tourist from all parts of the world. It is an incredible country that I dream to visit in a near future with my husband. My husband is fascinated with Dubai because he is studying to become an architect currently building the Brickell City Center which is located in the heart of downtown Miami, where we live.
?All that we expect as a major company is here in the UK. ?- Michael Morgan, President and CEO, Starpak inc. When analyzing the various aspects of the United Kingdom, it becomes evident that the UK has many significant advantages over other countries and holds the traits necessary for future expansion. A politically stable and extremely well organized system of government, great relationships and trading arrangements with other nations, tax breaks awarded to new companies and an abundance of skilled workers, are all among the UK?s benefits. The UK is also self-sufficient energy-wise and has a remarkable transportation system.
This paper aims to investigate ways which Dubai have used to attract globalization and develop their tourism industry. Dubai put tourism at the core of its economic development plans in order to diversify and strengthen its economy, while decreasing its dependency on fluctuating oil prices (Sharpley 2008). The plans have been successful; in 2007, non-oil revenues contributed to 63% of GDP, with Dubai contributing 29%, to the UAE’s total GDP. What is more surprising is that due to Dubai’s push to use tourism to diversify its economy, Dubai contributes over 80% of the non-oil related GDP in the UAE. Dubai is now considered one of the top tourist destinations in the world.
Firstly, London is a big economic place, contracting the most influential corporations of the world. For London, the major stake consists on attracting foreigners companies because they are the only ones who can extend London’s influence worldwide, they represents huge opportunities. London’s CBD is the oldest in the world, furthermore London is one of the world’s top business place in front of New York. London is able to attract highly skilled and talented corporations from across the globe. Consequently, it shows that the quality of its workforce is unrivalled elsewhere.
Some of these benefits are the already highly developed economy, efficient telecommunications, an amazing transport system, and a high-level financial and services sector (DTCM 2014). By being of the most popular business hubs in the world, Dubai has been able to establish one of the most profitable economies in the UAE and the
This is enough evidence that the company should be granted the loan and the bank should be confident with this company. Looking at the company’s profile you also realize that it receives a great number of compliments from its guests for provision of a low-fare, and also a good service in terms of quality and it sets pace for other companies. This company is therefore highly recommended for the loan to necessitate great growth and increased revenues for AirAsia. References Airasia Berhad, (2010). Investor Relations.
This lifestyle would remind me the most of life in modern Hawaii, and will allow me to feel content. Not only do I awe over the lifestyles of the Persians, I also understand the importance of their economic success. The Persian Empire started out with great economic advantages because geographically, they were in the middle of the Eastern and Western civilizations. This created important trade routes that ran right through Persia. Plus, they started to use important metals such as iron and copper that even further advanced their civilization.