Strategies of Financing in the Tourism Industry
|
|
- Jacob Gibbs
- 5 years ago
- Views:
Transcription
1 International Multidisciplinary e-journal ISSN Strategies of Financing in the Tourism Industry Prof. Sachin K. Jadhav SSVPS s Arts, Commerce and Science College, Shindkheda, Tal:- Shindkheda, Dist- Dhule NMU, Jalgaon (Maharashtra) id:- jadhavsk@india.com, mobile: , Abstract The tourism sector creates more jobs per million rupees of investment than any other sector of our economy and is capable of providing employment to a wide spectrum of job seekers from the unskilled to the specialized, even in the remote parts of the country. Tourism appears to many developing countries a promising source of economic development. Adventure tourism, given its emphasis on pure and pristine natural environments, lower barriers to entry for small business, and frequently reduced requirements for new construction in particular, is promising for countries with lower levels of capital investment and existing infrastructure. The effects of tourism are often compared to that of fire: it can cook our food and heat our home, but it can also burn the house down. Tourism provides employment and income opportunities and can finance protected areas and raise awareness of visitors and hosts, and often has fewer environmental impacts than other industry sectors. On the other hand, it consumes significant amounts of natural resources and can degrade ecosystems, may raise the cost of living for local people, may degrade local culture and sell it as a commodity, and its revenues may flow out of the destination with few local benefits. This paper contains some sources of Tourism Financing, opportunities & challenges in front of Tourism Industry and some recommendation for improving the finance source of such industry. Keywords: Strategies of Financing in the Tourism Industry Introduction:- Defining the tourist industry is difficult. It is not an industry that is grouped into a single heading within the Standard Industrial Classification (SIC). The defining feature of tourism is not the product, but the purchaser, the tourist. Most definitions concentrate on the services that a number of different industries, such as the travel industry; hotels and catering; Page 6
2 retailing and entertainment provide to tourists. The internationally agreed definition of tourism says that: Tourism comprises the activities of persons travelling to and staying places outside their usual environment for not more than one consecutive year for leisure, business and other purposes. Tourism in India:- In India tourism sector is share 0.8% share of world market. If we consider tourists visited in 2005 from by way of Tourists then, International 3.97, million 367 million (domestic). As per as employment point if view, then it provide direct employment million, and indirect employment 24.4 million people. Export earnings from tourism US $ 9.6 in And the total contribution to GDP Direct 2% Overall 5.3%. India receives the largest number of overseas tourists from the United Kingdom, which is its largest source market, followed by the United States, Sri Lanka, France, Germany, Canada, Japan, Australia and Singapore. Of the tourists coming to India, 27.5 per cent are in the age group of years, 23.4 per cent in the age group of years and 20.8 per cent in the age group of years. Women constitute only 30.5 per cent of India s total international arrivals. Repeat visitors account for 44.9 per cent of the overseas visitors. A substantial number of these may be non-resident Indians, as hotel reservations do not correspond to the number of international arrivals in the country. The average length of stay of foreign tourists in the country in 1998 was 31.2 days. Domestic tourism, on the other hand, is largely pilgrimageoriented and requires improvement in travel facilities and pilgrim destinations. Tourism Financing based on Market Segmentation:- The financing of tourism according to market segmentation is based on the following factors. 1. Socioeconomic Segmentation 2. Demographic Segmentation 3. Product Related Segmentation 4. Psychographic Segmentation 5. Geographic Segmentation 6. Use Frequency/Seasonality Segmentation Some Sources of Tourism Financing:- Individual Investors and Entrepreneurs Domestic Financial Institutions Banks, Credit Unions, Trust Funds Page 7
3 International Financial Institutions (IFIs) The World Bank/IMF (Tourism Projects Department, ), the African Development Bank, International Finance Corporation (IFC) private sector investment, technical assistance & advice, loan & equity finance for business ventures in developing countries (SMEs, SEF). Research & Development Institutions/Organizations - UNDP Travel & Tourism Companies/Businesses Transportation, Lodging, Food and Beverage, Attractions, Entertainment, Artisans Tourism Organizations: UNWTO, WTTC, ICAO, IATA, PCMA, MPI Bilateral and Multilateral Assistance USAID, CIDA, DFID-UK., MIGA Local Governments - Regional, Municipal, etc. National Government/Policy Problems:- 1) Decreased access to natural resources for the local communities and environmental degradation:- Tourism is not, as many people assert, a clean and non-polluting industry. A major problem is the lack of a common understanding of what sustainable tourism or ecotourism means. This ambiguity leads to violations of environmental regulations and standards. Hence, the environmental problems evolving from tourism are manifold. First of all, the tourism industry is very resource and land intensive. Consequently, the interest of the tourism sector will often be in conflict with local resource and land use practices. The introduction of tourism will imply an increased stress on resources available. An influx of tourists into the area will lead to a competition for resources. Employees working at the tourist sites compound this competition. Almost as a rule, tourists are supplied at the expense of the local population. 2) Increasing cultural erosion and disrespect for human rights:- Tourism is a powerful agent of change. International tourism acts as a catalyst for the transition from traditional ways of life to so-called modern, Western forms of society. Accordingly, tourism often brings with it the introduction of new behavior trends and norms. Very often, these are contrary to traditional norms existing in the host community, and can come into conflict with its cultural identity and threaten the traditional value systems there. The problem is that the investors seem to have a lack of cultural understanding of the Page 8
4 invested society. There is a need for an increased awareness that establishment of new hotels etc. will have its consequences on the society and the people who live in it. 3) Unqualified jobs and foreign exchange leakage:- The tourism industry is characterized by a high degree of monopoly, which implies a concentration of services and profits into very few big transnational corporations. In many countries, tourism facilities mostly belong to foreigners. Furthermore, in local host communities in many countries a relatively small number of people are involved in the tourism industry in host communities in many developing countries. Very often, there is a lack of qualified manpower in the locality. Hence, most employees are recruited form the big cities, neighboring countries or even from the country of origin of the investors. Solutions:- 1) General recommendations and possible solutions which concern all three problem areas Empowerment of residents at tourist destinations, through local participation, may be facilitated by providing written and legally binding contracts between local people and tourism investors. The contracts will help to avoid broken promises, which too many examples and previous experience prove to be a huge problem. In addition to the mentioned examples (providing proper information for tourists and establishing training programmes for residents), the tourism industry, through for instance the WTTC or the WTO with NGOs in the selection panels, could issue awards especially for sustainable tourism projects as an encouragement for investors. 2) Consumer behavior can and must be influenced by: Fighting unsustainable forms and aspects of tourism, at the various levels, by sanctioning unacceptable behavior and discouraging inappropriate consumer behavior. Promoting responsible and sustainable patterns of behavior, at the various levels, by promoting best practices and encouraging responsible consumer behavior. There are different types of instruments and remedial measures available: Legal measures (rules, regulations, and sanctions); Market based instruments, such as taxes to influence market prices; Promotion of and (financial) support for best practice; Industry self-monitoring/codes of conduct; Information, education and research. Page 9
5 3) In order for tourism to become a sustainable industry, countries, states, regions, and individuals must work with new technology, natural resource management and marketing concepts. Ideally, participatory planning and implementation will be a part of Local Agenda 21 processes. To ensure community involvement and to safeguard local cultures, sustainable tourism development should therefore involve all stakeholders in tourism development at all appropriate levels, facilitate the development of tourism services that are planned, managed and reviewed by the host community in Local Agenda 21 processes. This will also ensure that tourism revenue stays in the host communities to enhance livelihoods and generate a profitable source of income, empower and motivate local groups to direct cross-cultural exchange in the way they wish and adopt practices which conserve, protect and preserve the environment. Tourism Industry Action 1) Promote sustainable tourism products, using market related instruments and incentives, such as contests, awards, certification, model projects, culturally sensitive quality labels covering both environmental and social sustainability; 2) Reduce inappropriate consumption, use local resources in preference to imports in a sustainable manner; reduce and recycle waste, ensure safe waste disposal, develop and implement sustainable transport policies and systems, e.g. efficient public transport, walking, cycling in destinations; 3) Provide tourists with authentic information, enabling them to understand all environmental and related aspects (e.g. human rights situation) of tourism when selecting any destination or holiday package; educate visitors in advance of arrival and give guidance on 'dos' and 'don'ts'; make tourists aware of their potential impact on and their responsibilities towards host societies; 4) Provide information on respecting the cultural and natural heritage of destination areas; employ tour guides who portray societies honestly and dispel stereotypes; 5) Ensure that the marketing of 'green' tourism reflects sound environmental policy and practice; use non-exploitative marketing strategies that respect people, communities and environments of destinations, dismantle stereotyping, integrate sustainable tourism principles when creating new marketing strategies; 6) Train staff to foster tourist responsibility towards the destinations, encourage multi-cultural education and exchange; Page 10
6 7) Actively discourage exploitative sex tourism, particularly sexual exploitation of children, and tourism which causes or contributes to social problems; 8) Adopt, observe, implement and promote codes of conduct. Conclusion:- Tourism is a rapidly growing phenomenon and has become one of the largest industries in the world. The impact of tourism is extremely varied. On one hand, it plays an important and certainly positive role in the socio-economic and political development in destination countries by, for instance, offering new employment opportunities. Also, in certain instances, it may contribute to a broader cultural understanding by creating awareness, respecting the diversity of cultures and ways of life. On the other hand, as a tool to create jobs, it has not fulfilled its expectations. At the same time, complaints from tourist destinations concerning massive negative impacts upon environment, culture and residents ways of life have given rise to a demand for a more sustainable development in tourism. Different parties will have to be involved in the process of developing sustainable tourism. References: 1) Sustainable tourism: A non-governmental organization perspective prepared by the UNCSD NGO Steering Committee 2) Chapter Tourism 3) Access to Finance in the Tourism Industry Dr. Edward Addo, Tourism Studies Department Euro stat, Community methodology on tourism statistics, ) Sector Development Strategy Tourism Infrastructure August Page 11
Request for a European study on the demand site of sustainable tourism
Request for a European study on the demand site of sustainable tourism EARTH and the undersigned organizations call upon European institutions to launch a study at the European level, which will measure
More informationFrom: OECD Tourism Trends and Policies Access the complete publication at: Mexico
From: OECD Tourism Trends and Policies 2014 Access the complete publication at: http://dx.doi.org/10.1787/tour-2014-en Mexico Please cite this chapter as: OECD (2014), Mexico, in OECD Tourism Trends and
More informationIntroduction to Sustainable Tourism. Runde October
Introduction to Sustainable Tourism Runde October 7 2009 Travel and Tourism Currently the biggest industry in the world Accounts for 11% of world s economy Creates over 8% of all jobs Over 700 million
More informationSustainable Rural Tourism
Sustainable Rural Tourism Tourism: its nature and potential Tourism = multifaceted economic activity + strong social element Definition of tourism by the World Tourism Organisation (WTO): tourism comprises
More informationBABIA GÓRA DECLARATION ON SUSTAINABLE TOURISM DEVELOPMENT IN MOUNTAIN AREAS
BABIA GÓRA DECLARATION ON SUSTAINABLE TOURISM DEVELOPMENT IN MOUNTAIN AREAS The participants of the International Workshop for CEE Countries Tourism in Mountain Areas and the Convention on Biological Diversity",
More informationTourism and Wetlands
CONVENTION ON WETLANDS (Ramsar, Iran, 1971) 43 rd Meeting of the Standing Committee Gland, Switzerland, 31 October 4 November 2011 DOC. SC43-27 Tourism and Wetlands Action requested. The Standing Committee
More informationTheme A ECOTOURISM DEVELOPMENT IN TANZANIA : THE SUSTAINABILITY CHALLENGE
Theme A STATEMENT BY MR. PHILEMON L. LUHANJO, PERMANENT SECRETARY, MINISTRY OF NATURAL RESOURCES AND TOURISM-TANZANIA, AT THE SUMMIT OF CELEBRATION OF THE INTERNATIONAL YEAR OF ECOTOURISM, QUEBEC CANADA,
More informationQUÉBEC DECLARATION ON ECOTOURISM World Ecotourism Summit Québec City, Canada, 2002
QUÉBEC DECLARATION ON ECOTOURISM World Ecotourism Summit Québec City, Canada, 2002 The participants at the Summit acknowledge the World Summit on Sustainable Development (WSSD) in Johannesburg, August/September
More informationGlobal Sustainable Tourism Destinations Criteria
Global Sustainable Tourism Destinations Criteria Draft destination level Global Sustainable Tourism Criteria as proposed after Destinations and International Standards joint working group meeting and follow-up
More informationThe Civil Aviation Sector as a Driver for Economic Growth in Egypt
The Civil Aviation Sector as a Driver for Economic Growth in Egypt EDSCA Conference Cairo, November 10, 2013 Agenda 1. Facts and figures 2. Socio-economic impact of the civil aviation sector 3. Options
More informationAvailable online at ScienceDirect. Procedia Economics and Finance 6 ( 2013 )
Available online at www.sciencedirect.com ScienceDirect Procedia Economics and Finance 6 ( 2013 ) 523 529 International Economic Conference of Sibiu 2013 Post Crisis Economy: Challenges and Opportunities,
More informationby Erika Harms 5/11/10 Presented for CTO 11 th Annual Caribbean Conference, Barbados
by Erika Harms 5/11/10 Presented for CTO 11 th Annual Caribbean Conference, Barbados Source: World Tourism Organization (UNWTO) Global GDP is expected to rise from 9.4% (US$5,474 bn) in 2009 to 9.5% (US$10,478
More informationTourism in development cooperation
Tourism in development cooperation FACTS AND FIGURES: THE SIGNIFICANCE OF TOURISM The tourism sector is one of the fastest-growing industries in the world. As a worldwide 3 export category, tourism ranks
More informationIceland. Tourism in the economy. Tourism governance and funding
Iceland Tourism in the economy Tourism has been among the fastest-growing industries in Iceland in recent years and has established itself as the third pillar of the Icelandic economy. Domestic demand
More informationThe Austrian Federal Economic Chamber. Representing the Interests of Business
The Austrian Federal Economic Chamber Representing the Interests of Business Basic Organisational Structure of the Chamber The Austrian Chambers of Commerce represent the interests of business, promote
More informationThe results of the National Tourism Development Strategy Assessments
The results of the National Tourism Development Strategy Assessments - 2012 (I) The assessment tool In 2012 the Sustainable Tourism Working Group of the CEEweb for Biodiversity prepared a guidance for
More informationAn overview of the tourism industry in Albania
EUROPEAN ACADEMIC RESEARCH Vol. III, Issue 5/ August 2015 ISSN 2286-4822 www.euacademic.org Impact Factor: 3.4546 (UIF) DRJI Value: 5.9 (B+) An overview of the tourism industry in Albania Dr. ELVIRA TABAKU
More informationThe Economic Impact of Tourism on the District of Thanet 2011
The Economic Impact of Tourism on the District of Thanet 2011 Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH CONTENTS 1. Summary of Results 1 2. Table of
More informationTOURISM AFTER THE TERRORISM IN SRI-LANKA
TOURISM AFTER THE TERRORISM IN SRI-LANKA M. B. M.Amjath Dean, Faculty of Management & Commerce South Eastern University of Sri-Lanka Oluvil, Sri-Lanka. E-mail: amjathmb@seu.ac.lk ABSTRACT Sustainable development
More informationThe Challenges for the European Tourism Sustainable
The Challenges for the European Tourism Sustainable Denada Olli Lecturer at Fan S. Noli University, Faculty of Economy, Department of Marketing, Branch Korça, Albania. Doi:10.5901/mjss.2013.v4n9p464 Abstract
More informationTopic At Hand RTM 300. The issue we chose to discuss is tourism and the affects it has on the host communities.
RTM 300 Jenna Ruzicka Brett Estin Ericka Brown Cassie Lazaretto Topic At Hand The issue we chose to discuss is tourism and the affects it has on the host communities. Background Information Tourism is
More informationUNDERSTANDING TOURISM: BASIC GLOSSARY 1
UNDERSTANDING TOURISM: BASIC GLOSSARY 1 Tourism is a social, cultural and economic phenomenon related to the movement of people to places outside their usual place of residence pleasure being the usual
More informationLEBANON: A DIVERSE ECOTOURISM DESTINATION IN THE EAST-MEDITERRANEAN. Prepared by: Dr. Jacques Samoury NGER National Expert
National Stakeholder Workshop on Ecotourism 6-7 March 2018, Beirut LEBANON: A DIVERSE ECOTOURISM DESTINATION IN THE EAST-MEDITERRANEAN Prepared by: Dr. Jacques Samoury NGER National Expert Lebanon s Tourism
More informationTourism Statistics
Tourism Statistics 2006-2010 TABLE OF CONTENTS FOREWORD 4 DEFINITIONS 5 STATISTICAL SUMMARY FOR 2010 6 INTERNATIONAL TOURIST ARRIVALS 7 International Tourist Arrivals: 1994-2010 7 International Tourist
More informationTourism in the UN Green Economy Report
Tourism in the UN Green Economy Report UNWTO high-level regional conference on green tourism 3 May 2012 Chiang Mai, Thailand The definition of the Green Economy has evolved to include broader sustainability
More informationTHEME D: MONITORING THE COSTS AND BENEFITS OF ECOTOURISM: EQUITABLE DISTRIBUTION BETWEEN ALL ACTORS
THEME D: MONITORING THE COSTS AND BENEFITS OF ECOTOURISM: EQUITABLE DISTRIBUTION BETWEEN ALL ACTORS WTO/UNEP Summary of Preparatory Conferences and Discussion Paper for the World Ecotourism Summit, prepared
More informationNepalese Tourism Services Current Status and Way Forward
Nepalese Tourism Services Current Status and Way Forward Prachanda Man Shrestha Public-Private Dialogue On Nepal s WTO Commitments and Role of Stakeholders Pokhara December 2, 2011 Trade Perspective of
More informationA blue economy for the sustainable development of the Mediterranean region: tourism and recreational activities
A blue economy for the sustainable development of the Mediterranean region: tourism and recreational activities Alain Dupeyras Head of Tourism, OECD Alain.Dupeyras@oecd.org OECD s integrated approach to
More informationEconomic Impact of Tourism in Hillsborough County September 2016
Economic Impact of Tourism in Hillsborough County - 2015 September 2016 Key findings for 2015 Almost 22 million people visited Hillsborough County in 2015. Visits to Hillsborough County increased 4.5%
More informationSustainability Criteria for Tourism in India An Overview. UNWTO Conference on Sustainable Tourism Development Hyderabad, 12 April 2013
Sustainability Criteria for Tourism in India An Overview UNWTO Conference on Sustainable Tourism Development Hyderabad, 12 April 2013 1 NATIONAL APPROACH Tourism is the largest service industry in the
More informationChapter 2 The Travel and Tourism Industry
Chapter 2 The Travel and Tourism Industry Introduction to the World of Hospitality After reading and studying this chapter, you should be able to: Define tourism List and explain reasons why people travel
More informationNational MICE Development A Global Perspective
National MICE Development A Global Perspective 8 th UNWTO Asia/Pacific Executive Training Program on Tourism Policy and Strategy 28 April, 2014 MICE and Economic Transformation Building Knowledge and Creative
More informationNATIONAL MINIMUM STANDARD FOR RESPONSIBLE TOURISM
NATIONAL MINIMUM STANDARD FOR RESPONSIBLE TOURISM SUSTAINABLE TOURISM NETWORK SOUTHERN AFRICA 10 MAY 2012 Presentation Outline Background The Need for a National RT Standard NMSRT Development Process NMSRT
More informationThe Economic Impact of Tourism in Walworth County, Wisconsin. July 2013
The Economic Impact of Tourism in Walworth County, Wisconsin July 2013 Key themes for 2012 The Walworth County, Wisconsin visitor economy continued its brisk growth in 2012. Visitor spending rose 11% after
More informationSweden. Tourism in the economy. Tourism governance and funding
Sweden Tourism in the economy In 2014 Sweden s GDP was SEK 3 907 billion. Tourism s share of GDP is 2.8%, and has been growing steadily for the last ten years and is an important contributor to the economy
More informationBenchmarking Travel & Tourism in United Arab Emirates
Benchmarking Travel & Tourism in United Arab Emirates How does Travel & Tourism compare to other sectors? Summary of Findings, November 2013 Sponsored by: Outline Introduction... 3 UAE summary...... 8
More informationYUKON TOURISM DEVELOPMENT STRATEGY GROWING TOURISM. OUR FUTURE. OUR PATH.
YUKON TOURISM DEVELOPMENT STRATEGY GROWING TOURISM. OUR FUTURE. OUR PATH. Tourism in Yukon WHAT DOES TOURISM CONTRIBUTE TO THE YUKON ECONOMY? Tourism is a major contributor to the local economy, responsible
More informationIsrael. Tourism in the economy. Tourism governance and funding
Israel Tourism in the economy Tourism accounts directly for 2.8% of Israel s GDP and about 3.5% of total employment. The combined total of direct and indirect tourism jobs is estimated at 230 000, representing
More informationEuropean Charter for Sustainable and Responsible Tourism
Annex 1. First draft text of the European Charter for Sustainable and Responsible Tourism European Charter for Sustainable and Responsible Tourism I. INTRODUCTION II. OBJECTIVES Working together to make
More informationPhilippines. Tourism in the economy. Tourism governance and funding
Philippines Tourism in the economy In 2014 tourism directly contributed PHP 982.3 billion (approximately USD 22.1 billion) to the economy of the Philippines, or 7.8% of GDP. The average growth rate in
More informationBenchmarking Travel & Tourism in Russia
Benchmarking Travel & Tourism in Russia How does Travel & Tourism compare to other sectors? Sponsored by: Summary of Findings, November 2013 Outline Introduction... 3 Russia summary..... 8 Data sources
More informationTourism, the Distribution Channel and working with ITOC
Tourism, the Distribution Channel and working with ITOC 25 August 2011 Presentation Lesley Immink, Chief Executive Inbound Tour Operators Council of New Zealand New name 2012: New Zealand Tourism Export
More informationThe Economic Impact of Tourism in Jacksonville, FL. June 2016
The Economic Impact of Tourism in Jacksonville, FL June 2016 Highlights Visitor spending surpassed $2.0 billion in 2015, growing 4.4%. As this money flowed through Duval County, the $2.0 billion in visitor
More informationAvailable online at ScienceDirect. Procedia Economics and Finance 6 ( 2013 )
Available online at www.sciencedirect.com ScienceDirect Procedia Economics and Finance 6 ( 2013 ) 542 549 International Economic Conference of Sibiu 2013 Post Crisis Economy: Challenges and Opportunities,
More informationEnvironmental Management System for Tourist Accommodations in Amphawa, Samut Songkram,Thailand
Abstract Amphawa is the most popular weekend destination for both domestic and international tourists in Thailand. More than 112 homestays and resorts have been developed along the water resources. This
More informationThe Economic Impact of Tourism in North Carolina. Tourism Satellite Account Calendar Year 2015
The Economic Impact of Tourism in North Carolina Tourism Satellite Account Calendar Year 2015 Key results 2 Total tourism demand tallied $28.3 billion in 2015, expanding 3.6%. This marks another new high
More informationWe, Ministers, assembled in Berlin for the International Conference on Biodiversity and Tourism from 6 to 8 March 1997
March 8th, 1997 Berlin Declaration BIOLOGICAL DIVERSITY AND SUSTAINABLE TOURISM We, Ministers, assembled in Berlin for the International Conference on Biodiversity and Tourism from 6 to 8 March 1997 -
More informationECOTOURISM. Hill & Mountain Ecosystems
ECOTOURISM Hill & Mountain Ecosystems Importance of Hill & Mountain Areas Home to most indigenous populations Provider of essential resources Major source of water supply Centres of culture and indigenous
More informationFrom: OECD Tourism Trends and Policies Access the complete publication at: Italy
From: OECD Tourism Trends and Policies 2014 Access the complete publication at: http://dx.doi.org/10.1787/tour-2014-en Italy Please cite this chapter as: OECD (2014), Italy, in OECD Tourism Trends and
More informationThe Economic Impact of Tourism on Calderdale Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH
The Economic Impact of Tourism on Calderdale 2015 Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH CONTENTS 1. Summary of Results 1 2. Table of Results Table
More informationFrom: OECD Tourism Trends and Policies Access the complete publication at: Slovenia
From: OECD Tourism Trends and Policies 2014 Access the complete publication at: http://dx.doi.org/10.1787/tour-2014-en Slovenia Please cite this chapter as: OECD (2014), Slovenia, in OECD Tourism Trends
More informationThe Economic Impact of Tourism on Scarborough District 2014
The Economic Impact of Tourism on Scarborough District 2014 Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH CONTENTS 1. Summary of Results 1 2. Table of
More informationWORLD TRADE ORGANIZATION
WORLD TRADE ORGANIZATION Trade Policy Review Body RESTRICTED 1 October 2007 (07-3988) Original: English TRADE POLICY REVIEW Report by SAINT KITTS AND NEVIS Pursuant to the Agreement Establishing the Trade
More informationResolution XI.7. Tourism, recreation and wetlands
11 th Meeting of the Conference of the Parties to the Convention on Wetlands (Ramsar, Iran, 1971) Wetlands: home and destination Bucharest, Romania, 6-13 July 2012 Resolution XI.7 Tourism, recreation and
More informationThe Economic Impact of Tourism in Maryland. Tourism Satellite Account Calendar Year 2015
The Economic Impact of Tourism in Maryland Tourism Satellite Account Calendar Year 2015 MD tourism economy reaches new peaks The Maryland visitor economy continued to grow in 2015; tourism industry sales
More informationChile. Tourism in the economy. Tourism governance and funding
Chile Tourism in the economy Tourism in Chile has experienced a sustained rise in recent years and has become one of the sectors delivering the fastest growth and employment generation. It has been estimated
More informationEMPLOYABILITY IN TOURISM INDUSTRY IN INDIA: AN ANALYSIS
EMPLOYABILITY IN TOURISM INDUSTRY IN INDIA: AN ANALYSIS Dr.(Mrs.) Prashanta Athma, Professor in Commerce, Principal, University College for Women, Koti, Hyderabad, Telangana, India. G. Nalini, Research
More informationMEETING CONCLUSIONS. Andean South America Regional Meeting Lima, Peru 5-7 March ECOTOURISM PLANNING
MEETING CONCLUSIONS Andean South America Regional Meeting Lima, Peru 5-7 March 2002 1.0 ECOTOURISM PLANNING 1.1 Protected Areas Ecotourism in Protected Areas is part of an integrated vision of tourism
More informationThe Role of Gauteng in South Africa s Backpacking Economy
The Role of Gauteng in South Africa s Backpacking Economy Jonathan Brandon Mograbi Dissertation submitted to the Faculty of Science of the University of the Witwatersrand, Johannesburg, in fulfilment of
More informationAll About Ecotourism. Special thanks to Rosemary Black Charles Sturt University, Australia 1. Tourism largest business sector in the world economy
All About Ecotourism By: Ed Krumpe & Rosemary Black, Charles Sturt University, Australia Tourism largest business sector in the world economy Impact Directly Employs 98 million & Generates $2 trillion
More informationStatus of Compilation of Tourism Satellite Accounts for India
Status of Compilation of Tourism Satellite Accounts for India S V Ramana Murthy Deputy Director General Ministry of Statistics & Programme Implementation Email: svr.murthy@nic.in What are Satellite Accounts?
More informationMackay Region. Destination Tourism Strategy
Mackay Region Destination Tourism Strategy 2012 2016 Mackay Region The Mackay region offers an abundance of natural attractions including national parks, gorges, the Great Barrier Reef, numerous islands
More informationANNEXURE A Terminology and definitions
ANNEXURE A Terminology and definitions The definitions used to describe a tourist or tourism is often inconsistent which leads to confusion. The differences between the terms that are most often inconsistent
More informationBenchmarking Travel & Tourism in Australia
Benchmarking Travel & Tourism in Australia How does Travel & Tourism compare to other sectors? Sponsored by: Summary of Findings, November 2013 Outline Introduction... 3 Australia summary..... 8 Data sources
More informationRegional Tourism Satellite Accounts (RTSA) in Austria
Peter Laimer Directorate Spatial Statistics CIS countries and Georgia Workshop III (Session 1) 10-12 June 2013 Baku/Azerbaijan Regional Tourism Satellite Accounts (RTSA) in Austria Methods, data sources,
More informationBaku, Azerbaijan November th, 2011
Baku, Azerbaijan November 22-25 th, 2011 Overview of the presentation: Structure of the IRTS 2008 Main concepts IRTS 2008: brief presentation of contents of chapters 1-9 Summarizing 2 1 Chapter 1 and Chapter
More informationMPA MANAGEMENT CAPACITY. MPA Management Capacity Building Training TRAINING. Module 10: SUSTAINABLE TOURISM
MPA Management Capacity Building Training Module 10: SUSTAINABLE TOURISM Overview of Presentation PART 1: OPPORTUNTIES AND THREATS TO MPAS Sustainable tourism, what does it mean? What are the benefits
More informationCHAPTER I: INTRODUCTION
The business of the tourism and travel industry is essentially the renting out, for short-term lets, of other people s environments, whether that is a coastline, a city, a mountain range or a rainforest.
More informationActivity Concept Note:
Activity Concept Note: Summary Provide a short summary of the proposed Activity including indicative New Zealand funding level and note whether this is a New Zealandled or partner-led process. Why: Rationale
More informationThe Travel and Tourism Industry in Vermont. A Benchmark Study of the Economic Impact of Visitor Expenditures on the Vermont Economy 2005
The Travel and Tourism Industry in Vermont A Benchmark Study of the Economic Impact of Visitor Expenditures on the Vermont Economy 2005 INTRODUCTION GENERAL November, 2006 This 2005 update of the original
More informationThe Economic Impact of Tourism in North Carolina. Tourism Satellite Account Calendar Year 2013
The Economic Impact of Tourism in North Carolina Tourism Satellite Account Calendar Year 2013 Key results 2 Total tourism demand tallied $26 billion in 2013, expanding 3.9%. This marks another new high
More informationSustainable Tourism for Development
TECHNICAL NOTE THE 11TH UNWTO ASIA/PACIFIC EXECUTIVE TRAINING PROGRAM ON TOURISM POLICY AND STRATEGY Sustainable Tourism for Development Four (4) days: Monday 20th March to Thursday 23rd March, 2017 Port
More informationPresented by: Ms. Kanageswary Ramasamy Department of Statistics, Malaysia February 2017
Presented by: Ms. Kanageswary Ramasamy Department of Statistics, Malaysia 14-16 February 2017 1 INTRODUCTION 2 INTERNATIONAL RECOMMENDATIONS ON TOURISM STATISTICS (IRTS) 2008 3 RECOMMENDED METHODOLOGICAL
More informationAssessment of National Tourism Development Strategy -Czech Republic-
Sustainable Tourism Working Group Assessment Criteria for National Tourism Development Strategies, Assessment of National Tourism Development Strategy -Czech Republic- This analysis was prepared based
More informationThe Economic Impact of Tourism in Maryland. Tourism Satellite Account Calendar Year 2016
The Economic Impact of Tourism in Maryland Tourism Satellite Account Calendar Year 2016 County Results Washington County, Visitors Washington County Visitors (thousands) Year Overnight Day Total Growth
More informationPoland. Tourism in the economy. Tourism governance and funding
Poland Tourism in the economy The total value of the tourism economy in Poland was estimated at PLN 87.4 billion in 2014, 11.7% down on 2013. This equates to a contribution of 5.1% to Poland s GDP. International
More informationFrom: OECD Tourism Trends and Policies Access the complete publication at: Ireland
From: OECD Tourism Trends and Policies 2014 Access the complete publication at: http://dx.doi.org/10.1787/tour-2014-en Ireland Please cite this chapter as: OECD (2014), Ireland, in OECD Tourism Trends
More informationGlobal Trends in Coastal Tourism
Global Trends in Coastal Tourism Center on Ecotourism and Sustainable Development A Nonprofit Research Organization Stanford University and Washington, DC November 2007 A study of Global Trends in Marine-Oriented
More informationAn Evaluation of the impact
An Evaluation of the impact of Tourism on the Ballyhoura Region. Prepared by Bowman Tourism Ltd. 22 nd December 1998. Ballyhoura: Value of Tourism 1. Bowman Tourism 1998 Table of Contents 1. Introduction....
More informationUnited Kingdom. How does Travel & Tourism compare to other sectors? GDP. Size. Share. UK GDP Impact by Industry. UK GDP Impact by Industry
United Kingdom Stonehenge in Wiltshire Agriculture Automotive Banking Chemicals Communications Education Financial Mining Other Service Manufacturing Manufacturing Services Exports Retail (without wholesale)
More informationCrossing Borders - Regional Tourism Cooperation. Experiences and Examples of regional tourism agendas, plans and strategies.
Crossing Borders - Regional Tourism Cooperation Experiences and Examples of regional tourism agendas, plans and strategies. 12/05/2015 1 Contents Cross Border / Regional Tourism Examples of Regional Tourism
More informationTourism. Trends*Importance*Effects*Eco-Tourism
Tourism Trends*Importance*Effects*Eco-Tourism What is tourism? Tourism is the business of providing tours and services for tourists. Tourism is a service industry (tertiary) Growth in Tourism There are
More informationCHILDRENS WELFARE FOUNDATION SUSTAINABLE CHILD AND YOUTH TOURISM YOUTH TRAVEL AND ADVENTURE AND NATURE TOURISM
CHILDRENS WELFARE FOUNDATION SUSTAINABLE CHILD AND YOUTH TOURISM YOUTH TRAVEL AND ADVENTURE AND NATURE TOURISM Paper presented by Cleto Chibale, Director, Inc To : The 3 rd IIPT, Conference in Lusaka,Zambia
More informationThe Economic Impact of Tourism Eastbourne Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH
The Economic Impact of Tourism Eastbourne 2016 Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH CONTENTS Page 1. Summary of Results 1 1.1 Introduction 1 1.2
More informationPutting Museums on the Tourist Itinerary: Museums and Tour Operators in Partnership making the most out of Tourism
1 of 5 ICME papers 2002 Putting Museums on the Tourist Itinerary: Museums and Tour Operators in Partnership making the most out of Tourism By Clare Mateke Livingstone Museum, P O Box 60498, Livingstone,
More informationMexico. How does Travel & Tourism compare to other sectors? GDP. Size. Share. Mexico GDP Impact by Industry. Mexico GDP Impact by Industry
Mexico Chapultepec Castle in Mexico City Agriculture Automotive Manufacturing Banking Chemicals Manufacturing Communications Education Financial Services Mining Other Service Exports Retail (without wholesale)
More informationGUYANA : PUBLIC POLICIES FOR THE PROMOTION OF EXPORTS AND NATIONAL EXPERIENCES FOR THE INTERNATIONALIZATION OF SMALL AND MEDIUM-SIZED ENTERPRISES
GUYANA : PUBLIC POLICIES FOR THE PROMOTION OF EXPORTS AND NATIONAL EXPERIENCES FOR THE INTERNATIONALIZATION OF SMALL AND MEDIUM-SIZED ENTERPRISES PRESENTED BY LEROY ADOLPHUS, MA FOREIGN TRADE OFFICER,
More informationThe Analysis and Countermeasures toward the Inbound Tourist Market of the Silk Road on Land
5th International Education, Economics, Social Science, Arts, Sports and Management Engineering Conference (IEESASM 2017) The Analysis and Countermeasures toward the Inbound Tourist Market of the Silk
More informationPRESS RELEASE SURVEY ON QUALITATIVE CHARACTERISTICS OF RESIDENT TOURISTS: 2016 (provisional data)
Thousands HELLENIC REPUBLIC HELLENIC STATISTICAL AUTHORITY Piraeus, 8 September 217 PRESS RELEASE SURVEY ON QUALITATIVE CHARACTERISTICS OF RESIDENT TOURISTS: 216 (provisional data) The Hellenic Statistical
More informationCopyright is owned by the Author of the thesis. Permission is given for a copy to be downloaded by an individual for the purpose of research and
Copyright is owned by the Author of the thesis. Permission is given for a copy to be downloaded by an individual for the purpose of research and private study only. The thesis may not be reproduced elsewhere
More informationEuropean Journal of Economic Studies, 2016, Vol.(17), Is. 3
Copyright 2016 by Academic Publishing House Researcher Published in the Russian Federation European Journal of Economic Studies Has been issued since 2012. ISSN: 2304-9669 E-ISSN: 2305-6282 Vol. 17, Is.
More informationFrom: OECD Tourism Trends and Policies Access the complete publication at:
From: OECD Tourism Trends and Policies 2014 Access the complete publication at: http://dx.doi.org/10.1787/tour-2014-en Netherlands Please cite this chapter as: OECD (2014), Netherlands, in OECD Tourism
More informationThe Economic Impact of Tourism New Forest Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH
The Economic Impact of Tourism New Forest 2008 Prepared by: Tourism South East Research Unit 40 Chamberlayne Road Eastleigh Hampshire SO50 5JH CONTENTS Glossary of terms 1 1. Summary of Results 4 2. Table
More informationNature Conservation and Developing Sustainable tourism in Myanmar
Nature Conservation and Developing Sustainable tourism in Myanmar Myanmar Tourism O Tourism in Myanmar has boomed in recent years, with the industry generating nearly $1.8 billion in revenue in 2014 as
More informationBenchmarking Travel & Tourism in Colombia
Benchmarking Travel & Tourism in Colombia How does Travel & Tourism compare to other sectors? Summary of Findings, November 2013 Sponsored by: Outline Introduction... 3 Colombia summary..... 8 Data sources
More informationProspects for international tourism
Prospects for international tourism Project LINK UN DESA Expert Group Meeting on the World Economy, NYC, USA 24-26 October 211 John G.C. Kester Programme Manager, Tourism Trends and Marketing Strategies
More informationMaximizing Sustainable Tourism impact for inclusive and low carbon growth Colombo, 7 October Zoritsa Urosevic World Tourism Organization
Maximizing Sustainable Tourism impact for inclusive and low carbon growth Colombo, 7 October 2014 Zoritsa Urosevic World Tourism Organization UNWTO s Mandate The promotion of responsible, sustainable and
More informationContribution from UNCTAD dated: 29 June 2010
Report of the UN Secretary-General: Necessity of ending the economic, commercial and financial embargo imposed by the United States of America against Cuba (A/65/83) Contribution from UNCTAD dated: 29
More informationINVESTING IN SUSTAINABLE TOURISM
INVESTING IN SUSTAINABLE TOURISM Domingo Ramon C. Enerio, Tourism Committee On the occasion of the Visayan Area Business Conference & Expo Bacolod City, 29 August 02 September 2018 Definition Expressed
More informationCrisis and Strategic Alliance in Aviation Industry. A case study of Singapore Airlines and Air India. Peter Khanh An Le
Crisis and Strategic Alliance in Aviation Industry A case study of Singapore Airlines and Air India National University of Singapore 37 Abstract Early sights of recovery from the US cultivate hope for
More information