Research Paper: Travelling and Tourism Contributes

Pages: 13 (4137 words)  ·  Bibliography Sources: 10  ·  Level: College Junior  ·  Topic: Recreation  ·  Buy This Paper

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[. . .] The tourism is found to have a role in economies since history yet the impact became clearer in the second half of the 20th century. The tourism drives development of roads, railways, air transport, foreign currency, income and employment in the country. There was huge cost associated with the tourism in past as well. Some travelers used to become illegal residents of the country that was a burden on economy since these people never used to pay taxes. However, with the increase security processes, the tourism is also facilitated in countries like USA. The tour operators and travel agents are not the only direct beneficiaries of travel and tourism in America but the effects cascade down to the domestic families.

There are some environmental concerns too about tourism. Any country like USA has some limited resources that are shared and used by people of area or the inhabitants. The tourists and travelers have to share the same ecology and natural resources thus there might be an economic and environmental cost that the people are paying without noticing it. The government bodies are required to ensure that the influx of the tourists is not that high that the economic cost of the tourist is unbearable. While the contribution of tourists in job creation cannot be ignored, the costs must also be included when reporting net effect on the economy.

Ritchie, J.R.B., Molinar, C.M.A., and Frechtling

03 December, 2010

Impacts of the World Recession and Economic Crisis on Tourism: North America

While there is an opinion that travel and tourism affected the economy of USA, there are other opinions too that the economy of USA affected the tourism in country. The global tourism industry is the one that was highly affected by the economic crisis. Although the economists realize the importance of tourism and promote it, the economic conditions are often such that the lives of even local people are affected. The prices go up and an employment decrease thus the immediate impact of the crisis was that tourism was neglected.

After the economic crisis of 2008, it was expected that the tourism will be ignored in the long run but the reality was opposite. The tourism went up again and more jobs were provided in the economy. Consumption increased again and exports were accelerated. The GDP of USA increased only 1% after the attacks of 9/11 but after that the economy increased and tourism played its role. However, the second but short-term halt in tourism occurred at the time of economic crisis. Now the tourism is one of the fastest growing sectors and the economy hopes that tourism will be the sector that will support millions and millions of jobs in America.

Stynes, D.J. And Propst, D.B.

A system for estimating local economic impacts of recreation and tourism in measuring tourism impacts at the community level

There are several different aspects of understanding various approaches to estimating the economic impacts of tourism. There are some practical and some theoretical aspects of tourism and its effect of economy. The visitors spend money in the host country that influences the overall spending and consumption. The article suggests that the spending and the benefit coming from the tourist to the economy is based on many parameters like the area he visits, days he spends and number of visits he pays. While the impact of tourism can be counted through the number of visits but the final impact is studied by knowing dollar amount each tourist contributes. The per-visitor spending in an economy also tells which country's citizens are more beneficial for an economy as tourists.

The economy is a complex system thus the various different methods can be used to find out how the economy can be influenced so that the most effective parameters of benefitting the economy are adopted. The tax a tourist pays to the local and state government is another parameter to find the benefit derived from each tourist. The spending categories can also help because it tells which products should be produced more in a system and where are the opportunities for employment. The research on hotels and restaurants also shows that almost every category of hotels benefits from restaurants thus their qualities are improved to make is attractive for tourists.

Guido Candela and Paolo Figini

2012

The Economics of Tourism Destinations

Tourism is neither as simple as planning and leaving for a country/city nor as cheap as simply buying fishing rod for the fishing experience at the bay alone. Tourism has far reaching effects on economics, sociology, geography, management and history of a country. The economy however experience fastest effect that can be seen in terms of dollars and contribution in the GDP of a state. While around 9% of global GDP is contributed by tourism, it also makes up huge portion of big economies and their GDP. The demand in a country like America is greatly impacted by the spending of the travelers. The tourists spend money in travel, accommodation and food and the development also takes place to make an area attractive for people. From visas to tickets, medical insurance to food; everything a traveler does is benefit for the economy thus economies are suggested to understand the role of tourism and should make efforts to grow it.

The tourism should be analyzed in terms of costs and benefits. It should however be recognized that it is not possible to count all the induced effects of tourism. These can be positive or negative. The direct impact of tourism should be at least understood to establish what are associated costs and benefits.

Research Paper

Introduction

The tourism is an activity that shows a process by which people travel places other than that they live in. The tourism can be in one's own country or abroad. When a person travels other areas for the purpose of entertainment or work, this involves some expenses that might be a cost for the person (tourist or traveler) but for the country or area he travels, it is the earning. Tourism's impact on the economy is a field of study that is investigated in this paper. It is found how tourism might affect economy of an area and whether this impact is in form of benefit or the burden. The paper also finds out different opinions about role of tourism on economies and how American economy has generally and over last decade particularly affected from tourism. During different times different impact was found on U.S. economy but this year after the end of first half, the statistics have shown that the tourism revenue increased and the contribution of tourism and travel in GDP increased as well.

Summary

In order to study the impact of tourism on the economy of USA, different sources including web, journals, newspapers and books were studied. It was found that there are many costs and benefits associated with the influx of travelers and tourists in the country but the economic benefits are very high. The websites mentioned that the international tourists spend billions of dollars each year in USA (United States Department of Commerce). Every year the contribution of the tourism is increasing. This is also creating jobs in the industries that deal with food, transport, air travel, recreation and entertainment. This improves the competition in the economy and thus the quality of goods increase as well. World travel and tourism council says that the it is not USA alone that is benefitting from a positive trend in tourism but globally there is rise in tourism all over. However, USA is among few those countries that have biggest number of international tourists and whose tourism is one of the most rapidly growing industries. The country offers beaches, historical and natural places that attract people from all over the world and with people comes the spending that increases consumption in economy and supports it. Around $15 billion are already collected in USA this year by the month of May through travel and tourism. The exports of the company are growing as well (International Trade Administration) which is a very positive sign.

The popular press is filled with the news of contribution of tourism in the economies. The U.S. Travel Association says that trillions of dollars are connected to the global tourism industry. This is bigger than biggest economies. The travel and tourism goods, products and services make up a great opportunity for the locals and that creates jobs that reduce the rate of unemployment. Since the employment is one of indicators of the development in an economy it can be said that the tourism is involved in economy in this manner as well. The growth in economy of USA trough tourism is not something unusual but it has been increasing since a past few years (Q1 Travel and Tourism Contributes $43 B. To U.S. Economy). After the economic crisis, the tourists helped the economy… [END OF PREVIEW]

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Travelling and Tourism Contributes.  (2013, November 7).  Retrieved April 20, 2019, from https://www.essaytown.com/subjects/paper/travelling-tourism-contributes/9437286

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"Travelling and Tourism Contributes."  Essaytown.com.  November 7, 2013.  Accessed April 20, 2019.
https://www.essaytown.com/subjects/paper/travelling-tourism-contributes/9437286.