Background 2. Literature Review of Sustainable Tourism At the 1992 Earth Summit in Rio de Janeiro‚ Agenda 211 was adopted by 182 countries and sets out a comprehensive blueprint of actions to be taken globally‚ nationally and locally by organisations of the United Nations (UN)‚ governments‚ and major groups in every area to bring about sustainable development. Stakeholders of the travel and tourism industry including world organisations‚ governments and industries started to include sustainable development
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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
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Tourism is often touted as an industry that will never shrink in size. In other words‚ as the world develops‚ more and more people will be able to travel. Although many may see this as a positive phenomenon‚ it is not a trend without drawbacks. Both the advantages and disadvantages of this topic will be analyzed before a reasoned conclusion is reached. On the one hand‚ the reduction in travel fare and the increasing of global tourism can be seen as a positive event as it promotes intercultural
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borrow more money for project investments. * Infrastructure UK unit built in HM Treasury in 2010 and actively discussed $109bn Transportation and Infrastructure Bill containing large infrastructure projects will aim to develop infrastructure industry in the UK and USA respectively (HM Treasury‚ 2012; Weisman‚ 2012) * Political issues in the Middle East increased commodity price volatility (Hotter‚ 2011). A growth in the commodity prices enhanced global mining activity which increased the
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ANALYSIS OF INDIAN TOURISM INDUSTRY This sector is one of the most crucial sectors of the economy in the country. It is not only a significant contributor to GDP and foreign exchange reserve of the country‚ but also it provides widespread employment. Tourism sector can also be considered the backbone for allied sectors‚ like hospitality‚ civil aviation‚ and transport. Sensing the importance of the sector‚ Indian Government has invested abundantly in the past for infrastructure development. It
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3. PESTLE analysis of “MICE” Industry in Singapore Singapore was known for its pro business environment and safety social environment‚ that caused Singapore became one of the most popular country for investment and hold a business conference or corporate event. The contents below will use “PESTLE” analysis tool to analyze Political‚ Economic‚ Social‚ Technology‚ Legal and Environment factors of Singapore “MICE” industry. Political – Compare with other countries in the world‚ Singapore have a high
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in Hidden Sanctuary Resort and Hotel‚ Marilao Bulacan A Thesis Presented to The Faculty of the Undergraduate School St. Dominic Savio College In partial Fulfillment Of the Requirements for the Degree Bachelor of Science in Tourism Management By Jean D. Panganiban Reggie G. Gopez INTRODUCTION WHAT IS RESORT - Resort is a place to spent holiday for relaxation and recreation so that‚ one can give themselves a leisure time. Hidden Sanctuary Hotel and Resort defines
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TOURISM INDUSTRY IN MALAYSIA : THE EXPERIENCE AND THECHALLENGERobiah Hj. Suratman Department of Land Administration and DevelopmentFaculty Geoinformation and Real EstateUniversity Technology of Malaysia‚ Skudai Johor MALAYSIA. Introduction Tourism has become one of the world¶s largest and fastest growing industries. Thetourism industry is globally a rapid growing industry and contributes to the economicenhancement as well as generates employment opportunities‚ apart from contributes to thedevelopment
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IMPACT OF GLOBALIZATION ON HOSPITALITY AND/OR TOURISM INDUSTRY Globalization refers to the increments in the relationships of the people‚ industries‚ culture and various activities of economy. The term Globalization refers to the economics and all the global distribution of the production of goods and service which ultimately reduces the barriers of international trade like export fees‚ import quotas and various other tariffs‚ Cowen (2003). The Globalization has contributed to the growth of economy
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Overview of Singapore’s Tourism Sector · According to the Singapore Tourism Board‚ Singapore posted an estimated S$13.8 billion in tourism receipts from January to December 2007‚ representing an 11.3% increase over January to December 2006. This had exceeded the target of S$13.6 billion for 2007‚ and set a new record for tourism receipts. · In 2007‚ Singapore welcomed 10.3 million visitors‚ registering a growth of 5.4% over 2006 (9.7 million visitors). This is the highest annual visitor arrivals
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