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The economic contribution of tourism is felt in both direct and indirect ways, where direct economic impacts are created when commodities like the following are sold: accommodation and entertainment, food and beverages services, and retail opportunities.
These are examples of the 17 activities the Tourism Partnership Board has identified in order to promote regional balance, raise productivity, create good jobs, and lower carbon emissions.
While "sustainable tourism" is a concept, the term "responsible tourism" refers to the behaviors and practices that can lead to sustainable tourism. For example, backpacker tourism is a trend that contributes to sustainability from the various environmental, economic, and cultural activities associated with it. [19]
Tourists at the Temple of Apollo, Delphi, Greece. Tourism is travel for pleasure, and the commercial activity of providing and supporting such travel. [1] UN Tourism defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more ...
Mar. 7—Visitor arrivals to Hawaii are not expected to fully recover until 2027, according to the latest economic forecast from the Department of Business, Economic Development and Tourism.
An economic impact analysis only covers specific types of economic activity. Some social impacts that affect a region's quality of life, such as safety and pollution, may be analyzed as part of a social impact assessment, but not an economic impact analysis, even if the economic value of those factors could be quantified. [2]
Many countries must purchase goods and services to satisfy their visitors. This includes the cost of raw materials used to make tourism-related goods, such as souvenirs. For starting tourism industries, this is a significant problem, as some countries must import as much as 50% of tourism-related products.
Tourism is one of the region's major economic sectors, with 25 million visitors contributing $49 billion towards the area's gross domestic product in 2013, which represented 14% of its total GDP. This puts the region twelfth in the world in terms of tourism's absolute contribution to GDP, but first as a proportion of GDP.