Tourism has become a popular global leisure activity. Tourism is one of the world's largest industries and one of its fastest growing economic sectors. It has a multitude of impacts, both positive and negative, on people's lives and on the environment. Tourism is travel for recreational, leisure or business purposes. There are several
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.
In Malaysia, manufacturing has become the largest contributor to economy followed by the second contributor that is tourism sector. Through the developing and promoting tourism product, Malaysia has caught the eye of the world by it tourism sector. Malaysia has received 22.05 millions of tourists that produce RM 49.6 billion of total receipts only in year 2008. This result showed that a tourist arrival has increased 5.5% that lead to increasing of country revenue with 7.9%...
Today tourism is an important phenomenon. It helps man to find out new things which they are not experienced yet and enhance his life. These travelling of the man from one place to another include pleasure trips, business trips, pilgrimage, educational purpose etc. It has a capacity to transform certain apparently economically useless goods or services into marketable attractions. Such goods and services may include cultural, natural and social assets of the society.
No matter what country you live in tourism is there. [?]Tourism matters because it accounts for 1 in 11 jobs according to the World Tourism Organization (UNWTO). Tourism can be compared to other economic growth factors such as trade goods, food products, and automobiles. [?] Without each of these major industries countries like the United States would lose a considerable amount of revenue each year. Tourism can be defined as the activity of traveling to a place for pleasure, but it is also described as the business of providing hotels, restaurants, entertainment, etc., for people who are traveling. Both definitions are important to understanding why tourism is important. Whether traveling for work or traveling for pleasure, it is still an act of tourism, because whether for pleasure or business travelers are spending their money in other cities, states, countries economy. [?] Revenue is generated from the travelling population and is important because it adds to the destinations economy. There are three major benefits that come from tourism, economic, socio-cultural, and environmental. Montana brought in over 10 million visitors in 2012, which translates to around 11 new customers per Montana resident for main street businesses (Montana Office of Tourism, 2012-13). Tourism and Recreation businesses support almost 50,000 jobs a year which is about $1.1 billion in workers’ salaries per year (Montana Office of Tourism, 2012-13).
At the present time, one of the inseparable parts of the economic growth is considered as tourism industry. Commonly, tourism is the movement of people to other places for business or leisure purposes as well as covers their activities. Holloway and Humphreys defines that the places where tourists come and spend their money are called as “tourist destinations” in other words “receiving areas”. Many countries have been improving tourism to overcome economic difficulties since it is growing fast. The industry activities have been demonstrated a general positive trend in the economy and it has already become the inherent part of economic development. In host countries, tourism has led to such positive consequences as the improved infrastructure,
More and more people travel every year. International tourist arrivals grew by 5% in 2013, reaching a record 1,087 million arrivals according to the latest United Nations World Tourism Organisation (UNWTO) World Tourism Barometer (UNWTO, 2014). UNWTO also forecasts a 4% to 4.5% for 2014 (UNWTO, 2014). But do we know what tourism is? When asked to define tourism, people tend to think first about all the economic aspects of tourism, such as accommodations, food and beverage…and so on. It is true that the most visible parts of tourism are very often linked to the industry of tourism. This is even more straightforward nowadays, while the economy seems to rule the world, deciding which is the most powerful country and which is the least powerful one. However, a question is can we say that tourism is limited to its economic aspects only. When looking at tourism from a closer perspective, everything starts to appear more diversified and more complex. As Morin (1990) says, “tourism
Tourism and Hospitality has developed rapidly and becoming extremely important to economy in the world. The income that several countries in the world receive from tourism industry can be reached to $1billion per year. In addition, Marketing is one of the most important factors that help and effect to tourism industry in many positive ways. Marketing evolved in the tourism industry since 1980. It promotes tourism industry by encouraging the tourists to travel at their destination with the strategy that made up to the tourist satisfaction. However, a marketing strategy does not have to be complex, in fact it should be a easily understood which ensure the advantage of marketing of the products and services to the tourist business to obtain positive
Tourists travel to the destination for different purposes and this has an impact on the socio-cultural environment (Fletcher et al., 2005). If this industry is managed appropriately, the whole country or destination can benefit. Nevertheless, this industry provides also a number of challenges. Different authors analyzed opportunities and challenges that business tourism provides:
The travel and tourism industry is a blend of business actions as well as carrying, accommodation, amusement, foods, and retail trade. Cooperatively, this established segment of the U.S. economy accounts for 2.8% of U.S. gross domestic product (GDP) and directly employs 5.7 million Americans. While they have improved in recent years, employment and real productivity in travel and tourism have not fully healthier from the 2007-2009 recession.
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.
The economy can be clearly identified as the most beneficial aspect of tourism. “According to recent statistics, tourism provides about 10% of the world’s income and employs almost one tenth of the world’s workforce” (Mirbabayev, 2007). In Australia alone, Tourism contributed $87.3 billion in 2012, and employed 908,434 (7.9%) people (Kookana & Duc Pham, 2013). Tourism is “one of the most profitable and rapidly developing industries in the world” (Popushoi, 2004). Every year the number of tourists increase dramatically and consequently the revenues from tourism will increase substantially.
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.
First of all, international tourism is the backbone of the country's economic position. It provides foreign exchange earning for the destination country. When tourists come to visit the country, they usually spend foreign currency. These foreign exchange may help to accelerate the host's economic growth by adding those income to the national income and can stimulate the investment necessary to the finance growth in other economic sectors. Moreover, it creates job opportunities, both through direct employment within the tourism industry such as tour guides or managerial positions and indirect employment which is generated through other i...