Long-Term Effects of Global Tourism on Economy

Tourism has become a commercial business, which has obvious benefits to the said economy, the environment and society. Often, the positive economic impacts persuade governments, companies and individuals to get involved with the development of tourism. Tourism creates jobs, both

First of all, what does tourism mean? Tourism is an activity carried out by any person or group of people who are going from one place to another or from one country to another in order to visit a particular place or several places. Tourism can used for entertainment or relaxation and to learn new information about other cultures (Lundberg 4).

Tourism creates jobs directly through the tourism industry and indirectly in sectors such as retail and transportation. When tourist spend their money on goods and services,

While many problems are associated with International tourism, it can still offer some advantages. For one thing, International tourism can open job opportunities for the native citizens. To demonstrate, when tourists visit an area, the vast majority of them don’t have a clue on

Over the last 60 years, tourism has benefited from continuous growth and diversification, becoming one of the largest as well as the fastest growing world’s economic sectors. Tourism becomes one of the major categories of global trade in services. Nowadays, 7% of global goods and services exports are contributed by international tourism, and for the last four years, it has grown faster than the general global trade.[ Exports from international tourism rise 4% in 2015, (2016, May 6). Retrieved from http://media.unwto.org/press-release/2016-05-03/exports-international-tourism-rise-4-2015]

Social effects of tourism have an impact on the society of a certain area and focuses on their wellbeing. We live in a world where people must be able to keep with the modern world in order to survive and obtain an income, forcing a loss in certain traditions and culture. But tourism encourages people in rural areas to keep their traditions and embrace their culture. For example, the arts and crafts made by the Ndebele tribe in South Africa as a symbol of their culture can be sold to tourists.

Tourism plays a vital role in economic development in most countries around the world. The industry has not only direct economic impact, but also significant indirect and influential impacts. There is agreement among experts that the travel and tourism sector is the fastest growing of global economy. According to the latest UNWTO World Tourism Barometer, international tourism receipts surpass US$ 1 trillion in 2011, growing about 3.8%up from 2010 (WTO, 2012).

Tourism comprises the activities of persons travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure , business or other purposes (Holloway and Taylor 2006;6).

There is a changing trend in the tourism industry across the USA hence there is need to change with the trends. It is indicated that the tourism industry attracted 70 million global travelers over 2011 hence creating 7.5 million jobs while supporting 1.2 million jobs in the USA currently (Gavin Landry, 2012). There is need therefore for every organization connected to the tourism sector to make the appropriate adjustments to tap maximum benefits from this expanding industry.

Tourism is often synonymous to traveling for pleasure and education. It is also a business of attracting tourists and providing for their accommodation and entertainment. In many countries, tourism is an industry for earning Inland Revenue and foreign exchange. The many businesses that grow concomitantly with development of tourism include airlines, shipping, hotels and restaurants, finance companies, tour operators, travel agents, car rental firms, caterers and retail establishments and together,

Tourism is one of the most exciting and progressive industries in the world. Tourism today is a leisure activity of the masses. People travel to international destinations to break the regular monotony of life. They are mainly attracted by either the scenic beauty of its nature or by fascinating leisure, sports and adventure activities offered by the destination. However, every destination has some internal strengths and weaknesses that either enhance its capacity to attract foreign visitors or diminish it. Similarly the external environment can create various opportunities or exposed to threats as well.

In economic aspect, tourism can boost the economy of the developing countries by receiving tourist spending, the money received can further drive the income of different industries and sectors inside the economy, which can be explained by the Tourism Multiplier Effect (Leuterio, 2007). In fact, not only can tourism create employment in the tertiary sector, but also stimulate growth of the primary and secondary industries. To be precise, tourism in an area encourage the employment related to business supply services and building of hotels. Then, the employees of the tourism industry spend their income on other services in the local area, with increase in tax revenue at the same time. Therefore, improving the earnings of other

Tourism can add to the vitality of communities in many ways. One example is that events and festivals of which local residents have been the primary participants and spectators are often rejuvenated and developed in response to tourist interest. The jobs created by tourism can act as a vital incentive to reduce emigration from rural areas. Local people can also increase their influence on tourism development, as well as improve their job and earnings prospects, through tourism-related professional training and development of business and organizational skills.

The essay will also review the impact of global warming and community of Nations on tourism and how the changing weather patterns

The Travel and Tourism industry is still one of the largest single businesses in world commerce and its importance is widely recognized. The tourism industry is now one of the largest sectors earning foreign exchange. In the face of many benefits, many countries have started assigning due weight age to the tourism industry in their national development agenda. Tourism is an industry that operates on a massively broad scale: it embraces activities ranging from the smallest sea-side hotel; to air-lines, multi-national hotel chains and major international tour operators. Originally, non-traditional industries such as tourism emerged as a solution to strike a balance between ecology and industry