The Size and Economic Impact of the Hospitality and Tourism industry: Tourism is a massive industry in New Zealand. It has a major consequence on the rest of the economy from the employment it provides to a major percentage of the workforce (9.6% of the total workforce in New Zealand)‚ thereby contributing to the Gross Domestic Product (GDP). The tourism growth in New Zealand is the outcome of the numerous of options that the hospitality industry offer visitors from all over the world. Some of
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Environmental Impacts and Sustainable Development of Rural Tourism The paper intends to study the environmental impacts and sustainable development of rural tourism. As Wall (2006) mentions‚ there are large quantities of research papers on economic impacts of tourism. Besides‚ considerable statistics greatly ease the analyses and measurements. The environmental impacts of tourism have been paid more and more attention in recent years; but due to debate on indicators and some other objective barriers
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financially from tourism. However‚ tourism in LEDCs needs to be carefully managed to prevent harm to the environment and disruption to local communities. Economic effects First and foremost‚ money travelling into countries through tourism can lead to the establishment of some morally questionable activity. To name a few‚ tourist hotspots in developing countries are often rife with theft problems‚ maimed beggars and prostitution. The inflaming of these issues as a result of increased tourism is an obvious
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Indirect Impact of Tourism: An Economic Analysis Executive Summary The main purpose of this report is to show the importance and the role of the indirect economic effects of tourism on growth and GDP‚ employment and foreign trade. Tourism’s role in the economy is often perceived as being limited to the hospitality industry (cafes‚ hotels and restaurants) and outbound and inbound travel agencies and carriers‚ which form the leading service sector in many countries. However‚ the economic impact of tourism
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Dyer‚ Gursoy‚ Sharma & Carter (2007‚ p. 409) argued that tourism is prominent in Australia’s economic restructuring‚ particularly in regional and coastal areas. There are many aspects such as history‚ attitudes and culture to contemplate when defining the meaning of leisure‚ though it is essential the participation of recreational activities free from any other obligations or responsibilities (Lynch & Veal 2006‚ p. 25). The issues statement provided for discussion through this essay is: “Australian
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The impact of United Kingdom Tourism on the Employment rate. Source : Travel and Tourism Economic Impacts 2012 United Kingdom UK Tourism had generated 938‚500 jobs in 2011 which is 3.0% of total employment in the UK economy. The Tourism employment includes airlines‚ transportation service‚ hotels‚ restaurant‚ travel agents and leisure industries directly and indirectly supported by tourism. According to the data‚ there is a decrease from year 2002 to year 2005. Fords end 90 years of British
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approach. First‚ tourism impacts and tourism in the Gross Domestic Product are pooled into the framework to better understand the impact of tourism in the whole economy. Finally‚ general equilibrium theories and the theoretical structure of an applied CGE model are briefly discussed to better understand the framework under which the tourism sub-sector interacts with the other sectors‚ sub-sectors and industries in the economy. Tourism Impacts[1] The impacts of tourism expenditure are
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Dhabi‚ United Arab Emirates a r t i c l e i n f o Keywords: Home-stay accommodation entrepreneurs Motivation factors Push and pull factors Tourism management Service industry a b s t r a c t Tourism is an important industry for Malaysia‚ and home-stay accommodation businesses play a significant role in aiding the success of the tourism industry. The aim of this paper is to analyse the start-up motivation factors and business challenges for home-stay accommodation businesses. The data
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Tourism is an activity that is critical to the economic and social development. By World Tourism Organization (World Tourism Organization) has predicted that by the year 2563 will have a number of international tourists to 1‚600 million of the estimated growth rate of tourism in developing countries. Expected to increase approximately 4 percent per year‚ particularly the industrialized countries have a rate increase of about 2.5 percent per year‚ the study found. Tourists with travel in most foreign
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Socio-Cultural Impacts From Tourism Change or loss of indigenous identity and values Tourism can cause change or loss of local identity and values‚ brought about by several closely related influences: Commodification Tourism can turn local cultures into commodities when religious rituals‚ traditional ethnic rites and festivals are reduced and sanitized to conform to tourist expectations‚ resulting in what has been called "reconstructed ethnicity." Once a destination is sold as a tourism product
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