Tourism is a social, cultural and economic signs which involves the movement of people going to countries or places outside their normal environment for leisure, business and other purposes. Tourism industry is an industry which its activities produce tourism characteristics products ("World Tourism Organization", 2014). Some of the products are accommodation services, transportation services, food and beverage serving services, travel agency services, recreational services and etc.
Singapore is known as one of the most developed countries where its residents enjoy a very high standard of livings ("Singapore Profile", 2014). In addition, it is deemed as one of the world's most prosperous places and safe havens for foreign investors. Tourism has been playing a very important role in the economy of Singapore. This is because Singapore is a small country whereby natural resources are limited. Tourism has become one of the major contributors in Singapore's gross domestic products. At the same time, it enhances the status of Singapore as a vibrant country in the world ("About STB", 2014). In addition, tourism also attract foreign investors while high quality and various leisure choices also create a good living environment for its residents.
One of the advantages of tourism for Singapore is that it generates high revenue for Singapore. On the other hand, it also creates jobs opportunity for the workforces. However, tourism has also brought challenges for Singapore such as loss of culture in order to meet needs of tourists and limitation of land usage.
As mentioned above, tourism plays an essential role in the economy of Singapore. Tourism has increased the sales of numerous industries which involve in tourism activities. On the oth...
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...f additional jobs that increases employment rates. However, Singapore is also facing challenges from its tourism activities. Challenges such as pollutions, loss of revenues and culture.
The increase in number of tourists, littering will inevitably increase which will further lead to sewage issues. Meanwhile, the use of transportation such as airplanes, land and sea transport will increase gradually. Hence, this will lead to further pollution. On the other hand, having more tourists in Singapore, lifestyle and culture of local residents might be influenced as adaptation is bound to meet the needs and desires of tourists. Lastly, Singapore is in need of manpower which government has been trying to attract foreign talents to come in. This will also cause a leakage in the economy as incomes earned by foreign employees will ultimately go back to their home countries.
Various definitions of tourism exist. Tourism is defined by Macmillan Online Dictionary as the business of providing services for those people travelling for holidays. Tourism has experienced continued growth over the years and diversification and has become one of the fastest growing economic sectors in the world. For countries like Australia, it has become one of the major contributing sectors in the economy generating large proportions of the national income and at the same time increase employment opportunities. The future is still bright for the industry in the country with possible future growth in expansion and diversification. The industry however has both the pros and cons impacts to various ranges of environments (Tourism Research Australia).
In the early years, Singapore was a small fishing village back then, but now, it has grown into a metropolitan city with world-class infrastructure. Today, Singapore also became the world most visited tourist attraction for foreigner due the fun and exciting activities, high end shopping mall, luxury hotel and fine dining. Moving around in Singapore is easy and convenient for tourist as the country has an excellent public transport system. Apart from attracting tourist, the country also attracted talent and capital worldwide into invest their businesses in Singapore.
More industries in Singapore will be developed, grow and offer greater job opportunities for the locals, for example aerospace engineering, biomedical engineering, pharmaceutical research & development and digital media. Without this group of highly-skilled foreign talents, creating new economic sectors and state of art, technology advancement may be more challenging and less smooth sailing. A direct impact is that investors may not be attracted to invest in Singapore due to a lack of skilful work force and so, lesser jobs for the
Tourism in Singapore is one of the biggest service sectors and attracts millions of the tourists each year. Its cultural attraction reflects its colonial history and Chinese, Malay, Indian and Arab ethnicities. Singapore is environmentally friendly, and maintains natural and heritage conservation programs.
The Singapore tourism board is adopting increased use of technology to entice tourists. The stakeholders involved in the action include the Singapore government, the Singapore tourism board, the investors included and the event planners and managers who will gain from the increased traffic. The action is planned to take place starting from the marina sands bay which is one of the country’s best event venue. The adoption of technology will involve setting up teleconferencing facilities, increasing their online presence to attract customers and the use of social media would also allow them to respond faster to customer queries thus improving customer service.
Singapore thrives on the fact that they are a very business oriented economy. Singapore is seen by people “as a leading global financial center” giving them quite a good reputation amongst the world (Heritage 2014). Singapore, for such a small country has
In the1970s, Singapore’s economy continues upward march. As Singapore embraced industrialization and diversification, it needs to increase its reputation for being the best-planned city to attract foreign investment. Therefore, to achieve such status, Singapore undergoes a major urbanization on landscape while the people of Singapore sought ways to lead ...
Tourism is often associated with traveling to places away from home. Tourism has a big impact on the economic growth of some countries, which define the shape of their cities by producing different sectors like historic districts, convention centers, museums, malls, hotels, restaurants, and the list can be endless. Furthermore, tourism elements have been developed by cities for a variety of reasons including: situating themselves in the world by drawing a positive image and attracting visitors and for their money.
Firstly, tourism has positive and negative impact on the economy of the local community. It can create jobs and mitigate the numbers of unemployment. For example: one
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.
Half of century has gone since ‘tourism boom’ began in 1960s (Tirados, 2011). Nowadays, desire to be a tourist is virtually universe which has made tourism become a central element of globalization. The profit brought from tourism is something that we cannot deny however everything has its two sides which are good and bad, advantages and disadvantages or positive and negative. Thailand is a great example to find out the advantages and disadvantages of the development of tourism impact on the country.
Is tourism an industry and if not, what is it and how can it be defined? To answer these questions we need to find the definition of industry first. An industry is a group of firms producing products and/or services that are close substitutes for each other(……). To be considered as an industry, it must meet three factors -- individual businesses, revenues of those businesses, and a common product. Now let’s see what tourism is. However, there is no single definition, that is to say no agreement on what tourism should be. There are some reasons: tourism includes a number of diverse sectors (e.g. transport, accommodation, attractions, other services); tourism includes a number of academic subjects -- some argue that as a subject tourism is conceptually weak; difficult to establish strict boundaries around tourism both as a business and as an area of academic study; weak data sources which make comparisons between countries difficult.
Tourism's economic benefits are advertised by the industry for a sum of reasons. The idea of tourism's economic significance gives the industry a much greater respect among the business municipal, public officials, and the public in general. This often translates into decisions to tourism.
Tourism is the one of economic and social activities that increasingly vital. Number of travellers domestic and international is increasing. In fact, several countries in present world develop tourism sectors as primary sector which generate national income. According to Salah Wahab and Cooper (2003). Tourism is also sector which involves role that mutually link between government, private sector and also public.
Due to the dependence on non-internal markets, Singapore is more vulnerable to repercussions and actions of the global markets and as a result, the global recession had impacted unemployment rates heavily, which had resulted in a rise in unemployment. Putting that aside, Singapore is known to be among one of the highest employment ratings in the world. Another form of unemployment which is a challenge to Singapore is structural unemployment. Moving alongside Singapore’s speedily developing economy is its shift from being a labour intensive economy to a capital intensive one. This is inescapably met with the challenge of the substitutions of skills in the labour force of Singapore. For example, the recent shift into the biomedical and Research and Development (R&D) industries subject workers who can only work in the lower end of manufacturing industries tend to find themselves unemployed because the mass production work is usually outsourced to other economies that are developing. In order to solve this issue, the government of Singapore had invested a large sum in training and education, with and average of one in four citizens who were employed in 2010 to be degree holders, therefore allowing citizens of Singapore to remain relevant and