Contribution to GDP above world average • In India‚ the sector’s direct contribution to GDP is expected to grow at 7.8 per cent per annum during 2013–2023 vis-à-vis the world average of 4.2 per cent Create higher employment • The travel & tourism sector in India is estimated to create 78 jobs per USD18‚366 of investment compared to 45 in the manufacturing sector Higher investments • Travel & tourism’s contribution to capital investment is projected to grow at 6.5 per cent per annum
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The Consequences of Tourism on the Coromandel Peninsula Report to UNESCO by mary o 8 March 2012 Tourism on the Coromandel impacts people by creating a better economy and more jobs. Kevin Blakeford‚ editor/publisher of the NZ Travel Memo stated the “Coromandel tourism industry has an estimated annual worth of $360million and is growing at 5% per annum”1. The money being brought in by tourism is creating more jobs‚ which benefits the community. The downside is that it creates
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Health Tourism A Boon or Curse? What is it? Medical tourism (also called medical travel‚ health tourism or global health care) is a term initially coined by travel agencies and themass media to describe the rapidly-growing practice of traveling across international borders to obtain health care. Such services typically include elective procedures as well as complex specialized surgeriessuch as joint replacement (knee/hip)‚ cardiac surgery‚ dental surgery‚ and cosmetic surgeries. However‚ virtually
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Sustainable tourism is envisaged as leading to management of all resources in such a way that economic‚ social and aesthetic needs can be fulfilled while maintaining cultural integrity‚ essential ecological processes‚ biological diversity and life support systems." (World Tourism Organization)[29] Sustainable development implies "meeting the needs of the present without compromising the ability of future generations to meet their own needs." (World Commission on Environment and Development‚ 1987)[30]
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Content Introduction 1. Definition of ecotourism 2. The Advantages of Eco-tourism 3. The Disadvantages of Eco-tourism Conclusion Sources Introduction Ecotourism is defined as responsible travel to natural areas that protect the environment and improve the welfare of local people (International Ecotourism Society (TIES)‚ 2005). It also follow certain principles such as minimize impact‚ build environmental and cultural respect‚ provide financial benefits to local people. Global
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Examining the Feasibility of Agro-Tourism Development in Sri Lanka Case Study of the Fruit Crop Research and Development Center‚ Horana by D.A.C. Silva‚ Senior Lecturer‚‚ Department of Economics‚ Faculty of Arts‚ University of Colombo and K.C. Vithanage‚ MEcon Student‚ Department of Economics‚ University of Colombo ABSTRACT Tourism is one of the largest and the fastest growing industries in the world economy. Tourism industry is also the fourth highest foreign exchange generator of the
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Economic impact analysis------------------------------------------------------------page2‚3 Demand analysis--------------------------------------------------------------------page3‚4 Environment impact analysis----------------------------------------------------page4‚5 Conclusion----------------------------------------------------------------------page5‚6 Introduction Tourism is an industry that rely on tourism resources and tourism facilities
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term also covers all the activities performed during a travel (movement). A person who travels is spelled "traveler" in the United States‚ and "traveller" in the United Kingdom. Purpose and motivation Reasons for traveling include recreation‚ tourism or vacationing‚ research travel for the gathering of information‚ for holiday to visit people‚ volunteer travel for charity‚ migration to begin life somewhere else‚ religious pilgrimages and mission trips‚ business travel‚ trade‚ commuting‚ and other
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concludes that majority of the TOEs and TREs found tourism programs of the City of Baguio yielded low. The study should not be considered as immaterial. The study should be considered as a benchmark to show that tourism programs being implemented in the city were not beneficial all year long to the TOEs and TREs. That there was seasonality in terms of the realization of tourism benefits. Only the accommodation facilities experienced medium impact because tourists only stay in the City for a
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Tourism in the country of Jamaica has long since proven to be very popular ever since it was hyped up as a health spa in 1862. Since than mass tourism has taken full effect not only with its natural beauty and many attractions but with the work and development of the Jamaican Tourist Board it has become a favored tourist destination in the Caribbean region. Since tourism is Jamaica ’s primary foreign exchange industry the Jamaican government has continually invested in tourism development. While
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