Recreation Resort Report Term Paper

Pages: 2 (778 words)  ·  Style: MLA  ·  Bibliography Sources: 5  ·  File: .docx  ·  Topic: Recreation

Recreation and Leisure

Industry report: the commercial resort and entertainment industry.

The commercial resort and recreation industry is, according to reports, showing positive growth and the possibility of increased growth in 2007. This is despite many setbacks such as natural disasters, Avian Flu and the negative influence that terrorism has had on the industry. As one report indicates, these factors have not had a significant negative impact on the industry in general. "....With 842 million arrivals and a 4.5% growth rate, 2006 exceeded expectations as the tourism sector continued to enjoy above average results, making it a new record year for the industry. " (World Tourism Organization) www.unwto.org/newsroom/menu.htm

Figures for the Word travel and Tourism Council...indicate that "

Figures for the Word Travel and Tourism Council indicate that travel and tourism was responsible for the employment of 235, 205, 000 people in 2006. (Executive Summary)

Furthermore the latest UNWTO World Tourism Barometer figures "...suggest that 2007 will consolidate this performance and turn into the fourth year of sustained growth. (World Tourism Organization)

Another indication of the resort industries buoyancy can be seen in the fact that, according to the Las Vegas Convention and Visitors Authority "... Las Vegas hosted a record of 38.9 million visitors in 2006, an increase of 0.9% from 2005." (Travel Industry UpdateBuy full Download Microsoft Word File paper
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Term Paper on Recreation Resort Report Assignment

This increased confidence in the industry has obviously resulted in a boost in job confidence and then availability of jobs in this sector. For example in cities like San Francisco where there is a high concentration of tourists, there has been an increase in related job availability.. "The City's visitor industry employs 66,300 people - and 55% of them are San Francisco residents. Tourism supports more jobs in San Francisco than finance, insurance, information services and legal services. In fact, it's one of the largest employers in the City." (2006-2007 marketing plan) Coupled with this is the fact that the largest travel segment for San Francisco is leisure travel with "...more than 40% of overnight hotel visitors" (2006-2007 marketing plan) in California Travel and tourism expenditures total $82.5 billion annually and "... support jobs for nearly 900,000 Californians." (Travel Industry)

There are many trends and challenges in the industry at present. While it is certainly true that natural disasters such as tsunamis, hurricanes and the Avian Flu threat have had a negative impact… [END OF PREVIEW] . . . READ MORE

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How to Cite "Recreation Resort Report" Term Paper in a Bibliography:

APA Style

Recreation Resort Report.  (2007, February 24).  Retrieved May 31, 2020, from https://www.essaytown.com/subjects/paper/recreation-resort-report/1689178

MLA Format

"Recreation Resort Report."  24 February 2007.  Web.  31 May 2020. <https://www.essaytown.com/subjects/paper/recreation-resort-report/1689178>.

Chicago Style

"Recreation Resort Report."  Essaytown.com.  February 24, 2007.  Accessed May 31, 2020.
https://www.essaytown.com/subjects/paper/recreation-resort-report/1689178.