Search results
Results from the WOW.Com Content Network
Some locations have managed to nullify the leakage effect almost entirely - New York City claims to generate seven dollars for the local economy per dollar spent by tourists. [5] Some estimates of the degree of leakage claim only 5% of money spent on tourism remains in a developing country's economy. [6]
Small islands often depend on tourism, as this industry makes up anywhere from 40 percent to 75 percent of the GDP (Gross Domestic Product) for various islands including Barbados, Aruba, and Anguilla. [69] [70] [71] Mass tourism, including the cruise industry, tends to put a strain on fragile island ecosystems and the natural resources it provides.
The hotel industry in Vietnam is an important economic sector, contributing significantly to the country's GDP. [ 15 ] [ 16 ] [ 17 ] According to statistics from the Vietnam National Administration of Tourism , in 2022, Vietnam had a total of 32,313 accommodation establishments [ 18 ] [ 19 ] with 611,352 rooms, including 1,576 hotels with three ...
Cover of the 2008 report. The Travel and Tourism Competitiveness Report was first published in 2007 by the World Economic Forum (WEF). [1] The index measures the attractiveness of a country as a place to develop business in the travel and tourism industry, rather than a country's attractiveness as a tourist destination.
Biosphere Tourism is an organization that certifies industry players who are able to balance sociocultural, economic and ecological factors within a tourism destination. [ 3 ] : 384 The Tread Right Foundation ( The Travel Corporation 's not-for-profit foundation) has been recognized in 2019 by the UNWTO's annual awards for its pioneering work ...
Tourists at Niagara Falls.. Tourism geography is the study of travel and tourism, as an industry and as a social and cultural activity. Tourism geography covers a wide range of interests including the environmental impact of tourism, the geographies of tourism and leisure economies, answering tourism industry and management concerns and the sociology of tourism and locations of tourism.
Market environment and business environment are marketing terms that refer to factors and forces that affect a firm's ability to build and maintain successful customer relationships. The business environment has been defined as "the totality of physical and social factors that are taken directly into consideration in the decision-making ...
In business analysis, PEST analysis (political, economic, social and technological) is a framework of external macro-environmental factors used in strategic management and market research. PEST analysis was developed in 1967 by Francis Aguilar as an environmental scanning framework for businesses to understand the external conditions and ...