Preview

Tourism Industry explanation

Good Essays
Open Document
Open Document
1161 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tourism Industry explanation
Expanded explanation of tourism industry and its scope.

Tourism industry is the main influential type of industry in the world. It is not just hundreds of thousands of business but a global industry with major policy implications (Smith, 1995). It is based on different components and interrelated parts. For example, transportation, accommodation, attractions, activities, marketing and government regulation. Government in all levels encourage tourism development because it generates new wealth through export sales and foreign exchange earnings. According to Smith (1995), one important characteristics of the tourism industry is that it is labor-intensive. It generates employment opportunities. A given level of revenue or capital investment creates many jobs in tourism than the same level of revenue or capital investment in agriculture and automobile petrochemicals. It provides employment to unskilled, semi-skilled and skilled man power workers. An illustration below shows how tourism industry works to different sectors and bring employment to the host destination. overseas interstate local
Petrol
Transport
Entertainment
Events
Accommodation
Shopping
Meals
Others

Administrative expenses
Advertising & promotion
Capital assets & replacements
Commissions
Entertainment
Food & beverage
Gas & electricity
Legal & professional services
Merchandise
Petrol
Rates & charges
Rent
Repairs & maintenance
Transport
Wages

Accountants
Architects
Bakers
Banks
Builders
Bus & car hirers
Chambers of Commerce
Chemists
Crafts people
Cultural groups
Electricians
Engineers
Entertainers
Farmers
Film developers
Gift shops
Interpreters
Laundries
Market gardeners
Marketers
Manufacturers
Marine dealers
Mechanics
Newsagents
Nightclubs
Petrol stations
Pilots
Plumbers
Postal workers
Printers & designers
Restaurants & cafes
Real estate agents
Retailers
Shopping centres
Travel agents
Truck drivers
Waiters
Wineries Tourism industry is the backbone of any country’s economic position. It
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Don't Ask; Don't Tell and Why It should be repealed
    • 528 Words
    • 3 Pages

    Don't Ask; Don't Tell and Why It should be repealed

    In 1993 President William Clinton signed into law a policy that effectively bans gay, lesbian, and bisexual service in the military. This policy, Don’t Ask, Don’t Tell (DADT), gave the armed forces the right to discharge a soldier based on their sexual preferences. There are two main parts to the Don’t Ask, Don’t Tell policy. In the Don’t Ask section of the policy, a commander is not allowed to ask, and service members are not required to disclose their sexual orientation. The other part, Don’t Tell, claims a basis for discharge exists if "the member has said that he or she is a homosexual or bisexual, or made some other statement that indicates a propensity or intent to engage in homosexual acts." This act is seen as unconstitutional by many Americans and is currently hurting our military when we need it the most.…

    • 528 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Miss
    • 1656 Words
    • 7 Pages

    Miss

    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.…

    • 1656 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Professional Topics in Business
    • 5093 Words
    • 21 Pages

    Professional Topics in Business

    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.…

    • 5093 Words
    • 21 Pages
    Powerful Essays
    Read More
  • Good Essays

    Biology 1403
    • 659 Words
    • 3 Pages

    Biology 1403

    Blackboard (Required) : Course information, including announcements, instructor information, changes and/or additions to the syllabus, and other relevant information will be posted on Blackboard, which can be accessed via the web using your NetID (see www.csueastbay.edu for information).…

    • 659 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Turkey: Tourism and Mediterranean Area
    • 4066 Words
    • 17 Pages

    Turkey: Tourism and Mediterranean Area

    “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.)…

    • 4066 Words
    • 17 Pages
    Powerful Essays
    Read More
  • Good Essays

    Structure of Travel and Tourism Industry in City of Bath
    • 5361 Words
    • 22 Pages

    Structure of Travel and Tourism Industry in City of Bath

    The travel and tourism industry provides international economic growth, it generates foreign currency earnings and jobs and also stimulates investment. Travel and tourism sector is one of the world's fastest developing sectors. (Malhotra, H. B., 2011)…

    • 5361 Words
    • 22 Pages
    Good Essays
    Read More
  • Good Essays

    The Difference Between Winter and Summer Holidays
    • 726 Words
    • 3 Pages

    The Difference Between Winter and Summer Holidays

    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.…

    • 726 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    What Are the Challenges Facing the Travel Industry in the Coming Years?
    • 539 Words
    • 3 Pages

    What Are the Challenges Facing the Travel Industry in the Coming Years?

    The travel industry, also referred to as the tourism industry, encompasses all the institutions and firms which deal with people who travel to and stay in places outside their usual environment for not more than one year. Throughout the years, the travel and tourism industry has continued to flourish leaving its impacts on the world. However, the challenges it might be facing in the coming years are still uncertain.…

    • 539 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    Current Trends in Tourism
    • 810 Words
    • 4 Pages

    Current Trends in Tourism

    Tourism industry is one of the most dynamic and fast developing sector which has a huge impact on economy. This sector is significantly effected by global economy therefore tourism and travelling also move downward in case of crisis in the financial circumstances.…

    • 810 Words
    • 4 Pages
    Better Essays
    Read More
  • Powerful Essays

    Emerging Trends in Training and Development in West Bengal
    • 7053 Words
    • 29 Pages

    Emerging Trends in Training and Development in West Bengal

    resource and tourism is not an exception. Tourism is a labor intensive industry, which provides employment to skilled, semi skilled and unskilled workers directly and indirectly. The progressive labor force with dynamic management and responsive government and responsible society are the pillars of the tourism industry.…

    • 7053 Words
    • 29 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Research Proposal: Sustainable Tourism in Andalusia
    • 2489 Words
    • 9 Pages

    Research Proposal: Sustainable Tourism in Andalusia

    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.…

    • 2489 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    statistical analysis of small business in bangladesh
    • 331 Words
    • 14 Pages

    statistical analysis of small business in bangladesh

    To bring variation in data I have collected sample data from 15 different types of small bussiness…

    • 331 Words
    • 14 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Direct Elements of the Tourism Industry
    • 4294 Words
    • 18 Pages

    Direct Elements of the Tourism Industry

    The tourism industry is based on many different components and interrelated parts. For example, transport, accommodation, attractions, activities, marketing and government regulation. Many businesses span more than one sector and the impacts in one part of the tourism industry have significant implications for other sectors.…

    • 4294 Words
    • 18 Pages
    Good Essays
    Read More
  • Powerful Essays

    restaurant management
    • 883 Words
    • 4 Pages

    restaurant management

    A classification that refers to a group of companies that are related in terms of their primary business activities is called Industry.…

    • 883 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Importance of Games and Sports
    • 1257 Words
    • 6 Pages

    Importance of Games and Sports

    Tourism is important, and in some cases, vital for many countries. It was recognized in the Manila Declaration on World Tourism of 1980as "an activity essential to the life of nations because of its direct effects on the social, cultural, educational, and economic sectors of national societies and on their international relations."[1][6] Tourism brings in large amounts of income in payment for goods and servicesavailable, accounting for 30% of the world 's exports of services, and 6% of overall exports of goods and services.[2] It also creates opportunities for employment in the service sector of the…

    • 1257 Words
    • 6 Pages
    Powerful Essays
    Read More

Related Topics