HTM 3484 Lecture Notes - Lecture 1: Strategic Management, Natural Resource, Longrun
10 Dec 2017
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Tourism can be viewed as a business trip, study abroad program, extended service projects, ecotourism, government travel, sports, conventions, etc. Even some military actions can indirectly increase tourism to a given area (i. e. military r & r from iraq or jordan). Industrial revolution aided the rise of the middle class and greater movement of people. Inexpensive transportation (automobiles, airplanes post world war ii). Tourism grew 4% from 1950 (25 million) to 2016 (1. 235 billion) with an expected. Tourism contributes an astounding 10% to the world"s gdp; also accounts for 1 in. China spends the most in tourism, followed by the united states, germany, the. Arrivals refer to the amount of people entering a country (cannot see economic impacts; however, the u. s. , england, france, germany, etc. are leading nations for this figure). Unwto (the united nations world tourism organization) measures the economic impact of international tourism which constitutes 10% of global gdp (also about 1 in 10 jobs).
