modern Olympic Games three times which having previously done so in 1908 and in 1948. The Olympic Games is an event which can potentially have a significant economic impact on the host city. For smaller country‚ it can also impact the economics of the host nation as a whole. What is ‘economic impact’? According to Harper‚ 2009‚ economic impact is a measure of the spending and employment effects of a specific project- in this case ‘London 2012 Olympic Games’. She also stated the effects are generated
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If Africa is to be successful in competing in the international tourism market‚ standards of excellence must be introduced. In order for Africa to facilitate progress in implementing good tourism development there are key issues facing the continent that need to be addressed. These issues are; Comprehensive government policies for tourism‚ Public health and safety‚ Capacity building‚ Infrastructure‚ Environmental mitigation and protection. State capacity-building is a critical aspect of
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What determines whether or not a resource is scarce? Why is the concept of scarcity important to the definition of economics? The determination of whether a resource is scarce is its supply in relation to demand such as land‚ labor capital and human capital. If there is not sufficient amount of resource to satisfy the demands‚ then resources are set to be scarce. On the other hand if supply exceeds it demand‚ then the resource is not scare not only that if the supply of a goods or service is low
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The Economic Impact of the BP Oil Spill In April of 2010‚ a British Petroleum operated oil drilling rig off the Gulf of Mexico‚ the Deepwater Horizon‚ exploded suddenly after high pressure methane gas from the oil well rose to the drilling rig‚ causing it to ignite and then sink to the bottom of the ocean floor. The explosion caused a sea-floor level oil blowout‚ and crude oil was leaked into the surrounding water for three months before a solution was found. After eighty-seven long days‚ the wellhead
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index crosses 300. The social and economic costs arising from the haze are significant. Haze will certainly disrupt the daily activities of the people as more will stay at home to avoid inhalation of pollutants. Many outdoor activities will have to be cancelled and schools will have to be closed if the PSI reaches unhealthy range. The cancellation of the various activities will cause reduced interactions among people. The loss in recreation activities will impact the wellbeing of the people physically
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www.elsevier.com/locate/atoures Annals of Tourism Research‚ Vol. 28‚ No. 2‚ pp. 360–377‚ 2001 2001 Elsevier Science Ltd. All rights reserved Printed in Great Britain 0160-7383/01/$20.00 PII: S0160-7383(00)00051-7 OUTDOOR ADVENTURE TOURISM A Review of Research Approaches Karin Weber La Trobe University‚ Australia Abstract: A review of the existing literature on adventure tourism reveals that research on this subject has so far focused mainly on preconceived notions of scholars and
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Gujarat Main article: Tourism in Gujarat [pic] [pic] The Palitana temple complex consists of more than 863 temples located on theShatrunjaya hills‚ exquisitely carved in marble. Gujarat‚ the seventh largest state in India‚ located in the western part of India with a coastline of 1600 km (longest in India). It is the tenth most popular state in the country for tourists with annual footfall of 18.9 million tourists.[8] Gujarat offers scenic beauty from Great Rann of Kutch to the hills of Saputara
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Philippine Women’s University CDCEC - Tarlac SUSTAINABLE TOURISM DEVELOPMENT: ITS IMPACT TO THE ECONOMY OF TARLAC CITY Submitted to: Serwin Tolenada Instructor Submitted by: Ma. Ever S. Ignacio BS - Tourism Chapter I THE PROBLEM AND ITS BACKGROUND Introduction Tourism is known as one of the major contributors to the global economy delivering 10.9% of world Gross Domestic Product (GDP) in 1996 (UNWTO 2003). It offers economic benefits to industrialized and developing countries alike
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Hospitality Management 18 (1999) 331}343 Life and tourism in the year 2050 Abraham Pizam* Department of Hospitality Management‚ University of Central Florida‚ P.O. Box 161400‚ Orlando‚ FL 32816-1400‚ USA Abstract This article is an essay that represents the author ’s personal vision of life and the state of the tourism industry in the year 2050. It describes the major expected developments in the areas of environment‚ demographics‚ economy and business‚ lifestyle and values‚ politics‚ housing
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Tourism is travel for recreational‚ leisure‚ or business purposes. The World Tourism Organization defines tourists as people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes".[1] Tourism has become a popular global leisure activity. After slowly recovering from the contraction resulting from the late-2000s recession‚ where tourism suffered a strong slowdown from the second half of 2008 through the
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