Presentation talks about effects of Recession on Tourism and practices that provide a recovery mechanism to the economy dependent on Tourism.

2. • Contraction in business cycle
• Reduction in trade and industrial activity
• Fall in GDP in two successive quarters
• Other macroeconomic factors fall.
• Triggered by:
- Financial crisis
- External trade shocks
- Supply shocks
- Bursting of an economic bubble

3. RECESSIONR
LOWER WAGES
THREAT TO
SOCIAL FABRIC
UNEMPLOYMENT
FALL IN TAX
REVENUE
INCREASE IN
GOVERNMENT
SPENDING

4. • Bypassing of eco-conscious destinations
• Sustainable tourism gets hindered
• Decline in the number of overseas trips
• Fall in the number of jobs generated by tourism sector

5. • The travel and tourism industry is above the automobiles industry and next
only to the banking sector.
• The World Economic Impact Report 2012 highlighted that the tourism
industry supports either directly or indirectly 1 in every 12 jobs, 5% of
investment and 5 % of exports.
• Devaluation of Indian Rupee has bolstered inbound tourism.
• Helped in a green economy transition by moving its practices to low-
carbon approaches.

6. • ECOTOURISM
- Encouraging more commitment and active involvement of the
private sector.
- Sustainable development through green economy transition.
- Moving towards green jobs.
• PRO-POOR TOURISM
• RECESSION TOURISM
• Advocating private (and public) sector investments in sustainable
production.
• Developing low-carbon methods, training and skills.
• Redesigning macroeconomic policies for jobs growth.
• Appreciation of community-based skills and ways.
• Increasing awareness among tourists.