RLS263 Lecture Notes - Lecture 7: Fort Edmonton Park, West Edmonton Mall, Opportunity Cost

• School: University of Alberta
• Department: Recreation and Leisure Studies
• Course: RLS263
• Professor: Professor Zac Morrison

Document Summary

5 classifications of attractions: cultural attractions - historical sites, cuisines, natural attractions - parks, landscapes, events - mega-events, sport events, recreation - sightseeing, golf, swimming, entertainment - theme parks, cinemas. Kyrgyzstan (country) as a tourist attraction: natural attractions - mountains, animals, cultural attractions - festivals, traditional foods, recreation - biking, swimming, hiking, entertainment - malls, theme parks, sport halls. 3 goals: maximize psychological experience, maximize profits for businesses, maximize direct and indirect benefits from tourism expenditures on a community/region. Tourism expenditures are an injection of demand into the host economies - all the consumers increases demand: measuring expenditures does not give the full picture of economic impact. Full assessment needs: direct impacts - expenditure minus import expense (amount of money tourist injects in a place - value less than the goods and services) - tourism export: (japanese tourists spend money in banff)