The Economic Impact Of Tourism And Tourism

Furthermore, tourism industry has role to encourage in order that bringing the country's resources utilized extensively. Thus, the summary of the role and importance of the tourism industry to the economy involves to society and culture as well as natural resources and environment in the country.

Event tourism is proving to be one of the most efficient ways to promote economic development in a region. Through the developing of event tourism, host communities are commonly able to establish themselves in the tourism market industry. This promotion through events can lead to a number of positive impacts which include attracting large numbers of visitors for recurring and extended stays who generally would not normally visit the specific area. This in turn can stimulate the local hospitality and tourism industries through an increase in marketing and an overall increase in business. Once businesses begin to grow this can result in a large number of jobs created for the host community, this can be through the hospitality and sector but more importantly through the construction sector where a majority of jobs are found.

Thus, stabilising influence to the extent of welfare benefits. Second, tourism has significant backward linkage, meaning that an increase in the tourism expansion has great potential to expand output which correlated to the tourism industry. (Rupa, 2009, p. 128-129). Tourism is an important economic activity in Singapore. The Singapore’s government is thus must give an obligation to its tourism in order to facilitate development, international tourism and a sustainable economic growth.

The notion of motivation plays an instrumental role in decision making as well as desiring satisfaction from consumer perspective. The tourism industry is highly dynamic and influenced by varying forces based on the behaviours of the consumer as well as the aspect of motivation. The concept of tourism typology contributes to a large part in comprehending the aspect of tourist needs as well as motivation. From this perspective, avenues towards satisfying and motivating tourism from around the globe can be developed. Notably, the development of tourism industry in based on the two fundamental concepts, the consumer behaviour and the typology of the tourists.

Inter-disciplinary tourism (Tim Coles et al., 2006) perspective is enthusiastically focused in the tourism studies. The analysts from different fields are quite interested in the study of tourism. The epistemology space exists within the context of tourism which means that for tourism development it is necessary to know how to do the tourism development? Which factors are important for tourism development? What is the solution of the problems faced by the tourism and to coop these problems?

Having these attractions, it will support Hong Kong economy and expand upon their existing status. The benefits and costs of the tourism is explicitly analyzed in this essay. Tourism forces immediate costs on the host nations. Such cost is utilized to give products and ventures to vacationer and tourism

Repeat customers can create a greater revenue, which mean marketing strategy is necessary to consider about maintaining the relationships with the old customers while seeking out new customers as well (Hussung, 2016). Therefore, with the special characteristics of tourism products, the role of marketing in tourism industry compared with other industries is more important and implementation of marketing tools for a country is considerable. To illustrate, marketing can offer some information about the specific place to encourage the tourists to visit their destination (Laimer & Juergen, 2009). Thus, tourism revenue and international income can be increase by good planning and administration of marketing

Some of them are concerned with the definition and origin of tourism and cinema. The urban economic system is a multi-level and acceptable theoretical system, including micro-economic system, macro-economic city system and urban economic management system. They even developed the city economy. In the development of tourism, the advantages and disadvantages of the film have been paid more and more attention. From a positive perspective, film not only increased the consumption motivation of tourists, but also laid a solid foundation for infrastructure construction in tourism industry.

1.1 Background: Tourism is a unique industry, which instead of delivering goods and services to a consumer, transports consumers to a product, service industry has become the fastest growing sector in both developed and developing countries with great potentials for its further expansion and diversification (Wilson & Ypeij, 2012). Tourism for most countries today plays an important role in supporting and revitalizing the economy for most of the countries worldwide .Due to the economic, social and cultural impact created by tourism industry, most of the countries seek to develop the industry as one of the central industries of national economy through its direct and indirect contribution to the Gross Domestic Product (GDP), stimulation of trail

Tourism is often credited with contributing a significant amount of foreign exchange to the country. Tourism triggers the revenue from transportation, hospitality, accommodation, entertainment, leisure activities, etc. It also plays a major role in developing the socioeconomic conditions of the country. Growth in the tourist often leads in inflow of foreign exchange earnings. Tourism also links indirectly with other sectors such as horticulture, agriculture, poultry, handicrafts and construction activities.