Tourism can bare great economic value to a country, due to a number of factors which can very from country to country. Firstly, tourism provides foreign exchange without exporting anything out of the country and it provides a more stable source of income for the country than any other industry. Secondly, the amount of visitor’s expenditure that remains in an area provides a source of income for local businesses and residents, as well as the increased development of the area and the possibility of new jobs being created.…
Tourism means people travel from one place to another for recreational, leisure, experiencing the culture, and adventures. Because of tourism, different kinds of infrastructures have been developed and the country’s economy is relying on it.…
“Today, tourism is one of the largest and dynamically developing sectors of external, economic activities. Its high growth and development rates, considerable volumes of foreign currency inflows, infrastructure development, and introduction of new management and educational experience actively affect various sectors of economy, which positively contribute to the social and economic development of a country as a whole”. (Mirbabyev, B.;Shagazatova, M.)…
Although tourism has a positive impact on the economy there are equally negative impacts. Touring agencies, shops, hotels, and even islands…
Today, many people spend almost all of their money on traveling around the world. Their expenditure makes a big income for many countries such as Caribbean, Egypt or Thailand. This is advantageous to the countries’ development; otherwise, tourism is impacting on these countries. Environmental pollution, destruction of monuments and dilution of culture are some problems that these countries’ government must solve if they depend solely on tourism revenues.…
Tourism is essential to the world economy. It’s the fastest growing industry. It provides countries a plenty of money. This provides jobs and helps the government to improve life standards of the country. Governments construct resorts and new buildings to settle the tourists in. They provide electricity to touristic zones. They also build airports and seaports to facilitate tourist attraction.…
INTRODUCTION Countries, areas and regions have been zealously devoted to the development of tourism to improve their national economy and national images. Therefore, it is now an important…
Tourism is of vital importance to many countries because it represents a fundamental source in its overall balance of payments and for many developing countries it is one of the few activities that have the possibility of becoming a competitive business contributor to their economical development.…
Firstly, tourism is beneficial as it contributes to a country’s revenue. For example, in Singapore, the tourism industry generated about $11 billion annually. When tourists visit a country, they usually spend on food, accommodation, entertainment, sight-seeing and shopping at famous districts like Little India and malls like Vivocity, Harbourfront and Ion Orchard which are popular megamalls in Singapore. Tourist spending enables food, hotel, leisure, retail and transport industries to make profits. The Singapore government, in this case, will receive revenue through taxes paid by these industries. If tourist expenditure increases, the destination country will generate more revenue. Ultimately, the citizens will benefit from the healthy, growing economy, making tourism a benefit for a country like Singapore.…
Abstract:In recent years, under the impact of global financial crisis, the foreign trade of Fujian Province characterized with export-oriented economy was impacted seriously, especially in Electronic information industry . In order to guide Electronic information industry out of economic trouble,this paper is going to advance some suggestions by upgrading the Industrial Structure in three means, that is, developing innovative technology, support of financing and policy ,and expanding sales channels. In this way, we can develop a competitive advantage and achieve sustainable development in the long run.…
A total of three hundred forty-two respondents were asked to rate their evaluation of the…
Tourism is the largest sector of the world. It brings income for a country as well as help to preserve the world heritage. We can say that tourism is playing an important role to provide work for people. Tourism makes a person to away from his home and to do activities. Tourism means travelling to the sites for holiday, business, study, leisure, relaxation etc. “Tourism comprises the activities of persons travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business or other purposes”. (UNWTO) Tourism has positive impacts if it is well managed. It can destroy the heritage if it is not well organised. It works as a double edge sword.…
Tourism can generate large amount of revenues and provide job opportunities globally. Tourism is often treated as means to develop the country and to make the country known worldwide. This leads to the construction of infrastructure and facilities which are placed in locations which has the tendency to generate revenue in conjunction to tourism. However, the environment, economy and socio-culture suffers from the acts of tourism due to the activities carried out by tourist, thus creating negative impacts which affect it’s host community globally.…
Culture comprises of “the beliefs, behaviors, objects, and other characteristics common to the members of a particular group or society” (1). Through culture, people discover their true identity, adapt to social norms and play a vital part in contributing to the society. Therefore, culture consists of several aspects of the society such as language, values, customs, norms, and so on. On the other hand, tourism consists of the practice or act of an individual or a group of people travelling to and staying in other destinations away from their home for less than a year for business, leisure and other purposes. It has a direct impact on the total national income for all countries which participate in tourism and also helps to increase employment and boost the performance and cultures of a country.…
Tourism sector is one of the main important sectors of the economy. Many countries take advantage of covering the budget deficit with the help of profits coming from tourism. That is why tourism sometimes is called a factory without chimney. But tourism has its…