Growth of tourism and economic development
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?- Created by: Jake Robertson
- Created on: 15-05-13 19:31
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- Growth of tourism and economic development
- Iceland
- Contribution of a niche market tourism to economic development
- One of the highest standards of lving in the world
- 364000 tourists visited in 2006
- Tourists are attracted by volcanic scenery, rugged coastline, glaciers, and wildlife
- Whale watching alone attracts 72000 people per year
- Tourism directly supports 6900 jobs.
- Accounts for 5% of it's GDP
- Attracts relatively wealthy Europeans and Americans who have an interest in the environment and wildlife
- UK
- Mature tourism destination
- Britons made 66.4m visits abroad in 2005
- 81% made by air
- Spain and France accounted for 38% of destinations
- Spending was £32.2bn
- 30m visits from overseas in 2005
- Total spendature by inbound tourists was £14.2bn
- Total tourist spending was £85bn in 2005, 80% of which was by UK domestic tourists
- Tourism in UK accounts for 3.5% of the economy
- Over 2m jobs are either directly or indirectly sustained by tourism
- 1.4m jobs directly related (5%)
- 8% of GDP and 13% of employment
- Second largest and fastest growing sector
- 29% of total employment in Cornwall
- China
- New and growing tourism destination
- In 2005 31m Chinese travelled abroad, spending $15.2bn
- $500 per person
- Tourism is exponential, and in 2020 China will be the 4th largest source of outbound tourism, at 100m people
- Rising disposable incomes
- Longer holidays
- Relaxed political restrictions- 129 countries given approved destination status
- Rapid growth in the last 20 years has been the main factor in stimulating tourism
- 22m visitors to China in 2006
- Tourism itself contibutes 2.5% to GDP
- Estimated 16.6m people emplyed directly (2.1%)
- Employment in wider travel and tourism sector is estimated as 72m people
- Untitled
- St Kitts and Nevis
- Impact of tourism on an LEDC economy
- Tourism strengthens economy and improves peoples standard of living
- Jobs have been created in the secondary and tertiary sectors, throught the multiplier effect
- Tourism improves balance of trade
- Tourism has attracted international investment
- Tourism contributed $107m in 2005 directly to the economy
- 17000 businesses based on Islands
- Tourism has replaced sugar production as the leading economic sector
- Iceland
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