Dubai is now considered one of the top tourist destinations in the world. In 2011, Dubai’s top tourist source markets outside the UAE were Saudi Arabia, India, UK, Iran, and the US. Tourism in Dubai Tourism in Dubai is an important part of the Dubai government's strategy to uphold the movem... ... middle of paper ... ...trips and tourism packages, all contribute to the continuous growth of tourism industry. Tourism has also had both positive and negative impacts on Dubai. It has boosted Dubai’s economy but has brought negative impacts.
Tourism is on the rise in Dubai as well. Dubai’s airport has seen passenger traffic grow by 15% each year since 2002, full of European tourists looking for sun and tax-free shopping as well as the growing Indian middle-class. Dubai also plans to build the world’s largest entertainment complex, call... ... middle of paper ... ...y characterized by the developmental investments made by the city’s rulers to create a sustainable economy, including two new major ports and the Dry Docks. The globalized era shows that Dubai is consistently taking advantage of the opportunities of globalization, attracting Foreign Direct Investments via the DIFC and real estate. These processes have created a financially stable Dubai with a high GDP and average personal income, and a very low unemployment rate.
In the century of the globalization, tourism has become an important factor in most countries economy. Tourism sector is main financial source for development in some least developed countries and at its turn, developing and developed countries benefit from tourism significantly especially host countries. According to United Nations World Tourism Organization UNWTO (2011) the contribution of tourism to GDP of the world, which is equal to USD 2,155.4 billion, worldwide is estimated at some 5 percent. Tourism influences host countries economy positively by reducing unemployment rate, improving international exchange and increasing income for a host country. One of the main advantages of tourism for host country is additional job creation that
An analysis of the effect tourism has had on regional Spain. Spain’s tourism industry has experienced exceptional growth since the first visitors arrived at San Sebastian in the early 1900’s (Barke et al. 1996). In the 1960’s, following their European counterparts, Spain launched a major promotional campaign attracting international visitors. This initiated the tourism boom; a period of intense structural and economic growth during which tourist arrivals grew by 16.5 million between 1973 and 1987 (Solsten and Menditz, 1988) and created an industry that today accounts for ‘11% of Spain’s GDP’ (OECD Publishing, 2008:198).
This indicates that the economy of the Las Vegas metropolitan area is showing signs of recovery, albeit slow recovery. The primary force that drives the economy in Las Vegas is gaming tourism; however, there has been an effort to diversity the local economy. This investment to attract other industries will prove to be invaluable to stabilizing home prices, bring the area to full employment, and by extension, allow Summerlin to thrive. Some of the largest employers are retail, and gaming companies, but there are also major employment in health... ... middle of paper ... ...est planned development in the world. It is used as a model for new projects globally and is recognized for this accomplishment.
It has been identified as the second largest foreign exchange earning sector and helped to strengthen the Malaysian economy in terms of international trade (2011). Thus, the government has made all possible effort to encourage people to visit places of interest in Malaysia. Hence, this paper analyzed the Malaysia’s tourism industry. It also discussed develops to the growth of tourism in the country. It explored the Department of Tourism’s tourism strategy, looked into the proposed possible alternatives for improved tourism in the Malaysia.
CHAPTER ONE INTRIDUCTION 1.0 Introduction Nowadays, there are many factor affecting tourism industry and its become more important sector for both developed and developing countries. Tourism industry is about the people and their activities that involved in providing services for people during holidays, for example tour guides, hotels and restaurants. Tourism industry also included in the international trade between tourism from foreign country. Now days, the tourism arrival become one of the major business sector to the many country where they support and contribute to national economic growth. From that, we know Malaysia is one of the famous country in the world tourism industry.
Chapter 1: Introduction Introduction Background Dubai Tourism Dubai is one of the most important cities in the Middle East area. Dubai maintains an enormous level of independence from the United Arab Emirates when it moves toward broad conclusion making the city to expand and grow. The construction industry has a substantial and essential role in the tourism sector of Dubai, it has verified a potential capacity to conquer the challenges faced by the tourism industry and has established itself a power in the industry with a very high growth rate. Thus, this makes Dubai an attractive example of an active and successful Middle East centre for tourism that is creating new and more chances of opportunities and realizing its full prospective. This
Although the Middle East is not typically thought of as a tourist destination, globalization has allowed the United Arab Emirates to grow and prosper as a developing tourist hot spot. One city comes to mind when thinking about the United Arab Emirates, Dubai. The discovery of oil in this emirate allowed for massive infrastructure projects and transportation improvements to attract foreign investors and visitors. This paper examines how the oil-rich city of Dubai is impacted by developing tourism. Phases of Development Dubai has undergone four major development phases since its beginning.
Despite the devastating effects of the 2008 global financial crisis and the subsequent Euro zone crisis, the tourism industry has continued to flourish. Initially, the industry was referred to as a cottage industry but the international travel and tourism industry has evolved becoming a major contributor to economic growth and development in almost every economy in the world. Research has shown that the global increase in worldwide tourist arrivals outperform gross domestic product growth in one out of every two years in the past three decades. Many countries regard tourism as the most significant primary export industry especially the developing world. Nonetheless, in terms of returns, the developed economies are the prime beneficiaries of tourism.