Explain the Economic Impact Tourism Has Had on a Specifiic Locality Within the Uk. Essay Example
Assessment 3
Book 1
1.3 Explain the economic impact tourism has had on a specific locality within the UK.
Introduction
In this assessment I want to investigate tourism in London and explain the economic impact that tourism has on this locality. Also I want to analyse the potential economic impact of hosting the Olympics 2012 in London. This report indicates that tourism spending in London generated £304.1 million pounds of direct economic activity for the community, an increase of approximately £ 9.3 million pounds from 2009 spending or 3.2 per cent. The study includes an estimate of "Overnight Visitors to London", "Tourism Spending in London" and the "Economic impact of Tourism in London.
Overview London is one of the world's leading tourism destinations, and the city is home to an array of famous tourist attractions. London attracts 30 million international visitors per year, making it the worlds most visited in terms of international visits. The Government Office for London states that tourism revenues constitute 10 per cent of London's gross value added and contributes to the employment of up to 13 per cent of London's workforce. According to the London Development Agency, visitors to London spend around £20 billion each year. 1. Overnight Visitations to London
In 2010, the City of London was host to 1.61 million overnight visitors. This figure includes the number of visitors from the United States, other international countries, as well as domestic visitors from other parts of Canada. The figure estimated for 2010 represents a 2.0 per cent increase over the number of overnight visitors reported for 2009. 2. Tourism Spending in London
In 2010, spending by both same day and overnight visitors to London is estimated to be £304.1 million pounds. This is a 3.2 per cent increase from 2009 figures. In 2010, the largest portion of spending in London was attributed to spending on food and beverage which totalled £107.3million (79.8 million
Book 1
1.3 Explain the economic impact tourism has had on a specific locality within the UK.
Introduction
In this assessment I want to investigate tourism in London and explain the economic impact that tourism has on this locality. Also I want to analyse the potential economic impact of hosting the Olympics 2012 in London. This report indicates that tourism spending in London generated £304.1 million pounds of direct economic activity for the community, an increase of approximately £ 9.3 million pounds from 2009 spending or 3.2 per cent. The study includes an estimate of "Overnight Visitors to London", "Tourism Spending in London" and the "Economic impact of Tourism in London.
Overview London is one of the world's leading tourism destinations, and the city is home to an array of famous tourist attractions. London attracts 30 million international visitors per year, making it the worlds most visited in terms of international visits. The Government Office for London states that tourism revenues constitute 10 per cent of London's gross value added and contributes to the employment of up to 13 per cent of London's workforce. According to the London Development Agency, visitors to London spend around £20 billion each year. 1. Overnight Visitations to London
In 2010, the City of London was host to 1.61 million overnight visitors. This figure includes the number of visitors from the United States, other international countries, as well as domestic visitors from other parts of Canada. The figure estimated for 2010 represents a 2.0 per cent increase over the number of overnight visitors reported for 2009. 2. Tourism Spending in London
In 2010, spending by both same day and overnight visitors to London is estimated to be £304.1 million pounds. This is a 3.2 per cent increase from 2009 figures. In 2010, the largest portion of spending in London was attributed to spending on food and beverage which totalled £107.3million (79.8 million