REC280 Lecture Notes - Lecture 8: Disinvestment, Emerging Markets

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Module/week 8: tourist area life cycle (talc): implications for policies and planning. Changing tourism demand number, type and motivation of visitors. Changing tourism supply resources, attraction, services; developers, managers and owners; host community rxn. Within a broader process of change in the world economy changing frame conditions. Butler proposed that tourism progresses through the stages of: exploration, involvement, development, consolidation, stagnation, decline/rejuvenation. Different stages of talc have implications for understanding of tourism impacts. Encourages an understanding of the evolution of destinations. Illuminates the types and extent of tourism impacts. Impacts of tourism begin to emerge: public authorities become involved through infrastructure provision, control and management of tourism development becomes necessary, local investment in tourism, pronounced tourist season, advertising the destination, emerging market area, public investment in infrastructure. Consolidation stage: tourist numbers continue to rise, economy becomes largely reliant on tourism, dominated by major chains and franchises, residents who don"t depend on tourism may display negative attitude toward the industry.

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