This document summarizes tourism trends globally and in specific regions or countries. Some key points:
- Tourism has grown significantly over the last 60 years and is now one of the largest economic sectors worldwide, contributing 10% to global GDP. International tourist arrivals grew from 278 million in 1980 to over 1 billion in 2014.
- Emerging markets are growing more quickly and now represent 46% of international tourist arrivals, up from 30% in 1980. By 2030, 57% of arrivals are projected to be in emerging markets.
- Top spending countries on international tourism in 2014 were China at $165 billion and the United States at $111 billion, showing China's growing importance. Many regions experienced strong tourism growth
Tourism as a Driver of Growth in the Pacific: A Pathway to Growth & Prosperit...SW Associates, LLC
Tourism to the Pacific is increasing and will be a key driver of economic growth in the coming decade. Yet despite more visitors to the Pacific, tourism growth is not inevitable for all countries in the region.
This brief identifies the trends driving this increase. To secure and sustainably harness the benefits of this growth, this brief recommends that Pacific island countries create an enabling environment for tourism through interventions in four areas:
tourism policy, strategy, and the regulatory environment; infrastructure; human resources; and product development and marketing.
Tourism can be seen as one of the key industries in world as it contributes more than 10% in global economic output along with one out of ten jobs, (WTTC, n.d). This statement of World Travel & Tourism Council indicates the importance of tourism industry in world economy. In current scenario world tourism industry is booming and so as in Britain. It is the key competitor for this industry and rated 7th in the world for number of visitors as well as their spending.
This report will provide the understanding of the environment under which this industry operates. This report includes the study of history and structure of travel and tourism, national policies about this sector and effect of changes in policies. This study also includes impacts of industry developments as well as effects of supply and demand.
Tourism as a Driver of Growth in the Pacific: A Pathway to Growth & Prosperit...SW Associates, LLC
Tourism to the Pacific is increasing and will be a key driver of economic growth in the coming decade. Yet despite more visitors to the Pacific, tourism growth is not inevitable for all countries in the region.
This brief identifies the trends driving this increase. To secure and sustainably harness the benefits of this growth, this brief recommends that Pacific island countries create an enabling environment for tourism through interventions in four areas:
tourism policy, strategy, and the regulatory environment; infrastructure; human resources; and product development and marketing.
Tourism can be seen as one of the key industries in world as it contributes more than 10% in global economic output along with one out of ten jobs, (WTTC, n.d). This statement of World Travel & Tourism Council indicates the importance of tourism industry in world economy. In current scenario world tourism industry is booming and so as in Britain. It is the key competitor for this industry and rated 7th in the world for number of visitors as well as their spending.
This report will provide the understanding of the environment under which this industry operates. This report includes the study of history and structure of travel and tourism, national policies about this sector and effect of changes in policies. This study also includes impacts of industry developments as well as effects of supply and demand.
Tourism and transport - Mobilite touristiquelacbleu
This is a presentation I prepared as part of a Masters course in Tourism for IPAC School of Management in Annecy, France. There are lots of interesting links to websites promoting sustainable forms of transport.
Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours.
World Travel & Tourism Council | Report economic impact 2017 | ITALYBTO Educational
The World Travel & Tourism Council is the global authority on the economic and social contribution of Travel & Tourism.
WTTC promotes sustainable growth for the Travel & Tourism sector, working with governments and international institutions to create jobs, to drive exports and to generate prosperity.
Council Members are the Chairs, Presidents and Chief Executives of the world’s leading private sector Travel & Tourism businesses.
Together with Oxford Economics, WTTC produces annual research that shows Travel & Tourism to be one of the world’s largest sectors, supporting over 292 million jobs and generating 10.2% of global GDP in 2016.
Comprehensive reports quantify, compare and forecast the
economic impact of Travel & Tourism on 185 economies around the world. In addition to the individual country reports, WTTC produces a world report highlighting the global economic impact and issues, and 24 further reports that focus on regions, sub-regions and economic and geographic groups.
https://www.wttc.org/
The remittance market is growing every year and has become an important source of income for many country's GDP. In this short presentation you will find out who benefiting the most from this inflow of money.
Financial Management IPage 2 of 2Individual PresentationsChereCheek752
Financial Management I Page 2 of 2
Individual Presentations
Caribbean Economic Development
Instructions:
Students are to select two Caribbean nations to compare and contrast. Power point Presentation should be only fifteen (15) minutes long.
Tourism Industry: Strategy for Growth and Development
1. explain the term tourism – international and domestic
2. identify the linkages across the economy with tourism
agriculture, transport, attractions (tourism multiplier concept)
3. evaluate the negatives behind the current tourism models on the region
4. assess the contribution of tourism to the region’s growth and development
Content:
1. Tourism - definition and meaning
2. Tourism multiplier linkages – foreign exchange, employment, all the direct and indirect gains
3. Costs of tourism – environmental, social (gambling, prostitution, HIV/AIDS, tourism
harassment)
4. Community tourism vs all-inclusive model of tourism other tourism niche areas (eco-tourism)
GUIDELINES FOR Presentations
The following governing conditions apply to the Presentation:
· The title page is to include the following in the order specified:
1/ Name of Education Institution (at top of page)
2/ Title of Course and Course code
3/ Name of Students and ID numbers
4/ Title of Project
5/ Date submitted
6/ Name of Lecturer.
· Reference page (APA Format)
· Font Size: No less than 18 pt.
· Font Style: Times New Roman
End of Assignment
CARIBBEAN ECONOMIC
DEVELOPMENT
ECON 3501
UNIT 9 –TOURISM INDUSTRY: STRATEGY FOR GROWTH AND
DEVELOPMENT
RESOURCE MATERIALS
Levitt, Kari; Witter, Michael (1996). The Critical Tradition of Caribbean
Political Economy: The Legacy of George Beckford. Kingston. Ian
Randle Publishers
Beckford; George (2000) Persistent Poverty; Underdevelopment in the
Plantation Economies of the Third World. UWI Press.
Todaro Michael & Smith Stephen; C. (2011) 11 th Ed. Economic
Development. Pearson Education & Addison- Wesley
Bhagwati Jagdish (2004). In Defence of Globalization, Oxford University
Press
Blackman; Courtney. (2005). The Practice of Economic Management:
Caribbean Perspective Kingston: Ian Randle Publishers
United Nations- UNDP, Human Development Report. World Bank-
World Development Report
2
TOURISM
Tourism is a collection of activities, services and industries which
deliver a travel experience comprising transportation,
accommodation, eating and drinking establishments, retail
shops, entertainment businesses and other hospitality services
provided for individuals or groups traveling away from home.
Tourism is different from travel.
In order for tourism to happen, there must be a displacement:
an individual has to travel, using any type of means of
transportation (he might even travel on foot: nowadays, it is
often the case for poorer societies, and happens even in more
developed ones, and concerns pilgrims, hikers etc.).
3
TOURISM
Tourist - A visitor who travels to a country other than that ...
Tourism and transport - Mobilite touristiquelacbleu
This is a presentation I prepared as part of a Masters course in Tourism for IPAC School of Management in Annecy, France. There are lots of interesting links to websites promoting sustainable forms of transport.
Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours.
World Travel & Tourism Council | Report economic impact 2017 | ITALYBTO Educational
The World Travel & Tourism Council is the global authority on the economic and social contribution of Travel & Tourism.
WTTC promotes sustainable growth for the Travel & Tourism sector, working with governments and international institutions to create jobs, to drive exports and to generate prosperity.
Council Members are the Chairs, Presidents and Chief Executives of the world’s leading private sector Travel & Tourism businesses.
Together with Oxford Economics, WTTC produces annual research that shows Travel & Tourism to be one of the world’s largest sectors, supporting over 292 million jobs and generating 10.2% of global GDP in 2016.
Comprehensive reports quantify, compare and forecast the
economic impact of Travel & Tourism on 185 economies around the world. In addition to the individual country reports, WTTC produces a world report highlighting the global economic impact and issues, and 24 further reports that focus on regions, sub-regions and economic and geographic groups.
https://www.wttc.org/
The remittance market is growing every year and has become an important source of income for many country's GDP. In this short presentation you will find out who benefiting the most from this inflow of money.
Financial Management IPage 2 of 2Individual PresentationsChereCheek752
Financial Management I Page 2 of 2
Individual Presentations
Caribbean Economic Development
Instructions:
Students are to select two Caribbean nations to compare and contrast. Power point Presentation should be only fifteen (15) minutes long.
Tourism Industry: Strategy for Growth and Development
1. explain the term tourism – international and domestic
2. identify the linkages across the economy with tourism
agriculture, transport, attractions (tourism multiplier concept)
3. evaluate the negatives behind the current tourism models on the region
4. assess the contribution of tourism to the region’s growth and development
Content:
1. Tourism - definition and meaning
2. Tourism multiplier linkages – foreign exchange, employment, all the direct and indirect gains
3. Costs of tourism – environmental, social (gambling, prostitution, HIV/AIDS, tourism
harassment)
4. Community tourism vs all-inclusive model of tourism other tourism niche areas (eco-tourism)
GUIDELINES FOR Presentations
The following governing conditions apply to the Presentation:
· The title page is to include the following in the order specified:
1/ Name of Education Institution (at top of page)
2/ Title of Course and Course code
3/ Name of Students and ID numbers
4/ Title of Project
5/ Date submitted
6/ Name of Lecturer.
· Reference page (APA Format)
· Font Size: No less than 18 pt.
· Font Style: Times New Roman
End of Assignment
CARIBBEAN ECONOMIC
DEVELOPMENT
ECON 3501
UNIT 9 –TOURISM INDUSTRY: STRATEGY FOR GROWTH AND
DEVELOPMENT
RESOURCE MATERIALS
Levitt, Kari; Witter, Michael (1996). The Critical Tradition of Caribbean
Political Economy: The Legacy of George Beckford. Kingston. Ian
Randle Publishers
Beckford; George (2000) Persistent Poverty; Underdevelopment in the
Plantation Economies of the Third World. UWI Press.
Todaro Michael & Smith Stephen; C. (2011) 11 th Ed. Economic
Development. Pearson Education & Addison- Wesley
Bhagwati Jagdish (2004). In Defence of Globalization, Oxford University
Press
Blackman; Courtney. (2005). The Practice of Economic Management:
Caribbean Perspective Kingston: Ian Randle Publishers
United Nations- UNDP, Human Development Report. World Bank-
World Development Report
2
TOURISM
Tourism is a collection of activities, services and industries which
deliver a travel experience comprising transportation,
accommodation, eating and drinking establishments, retail
shops, entertainment businesses and other hospitality services
provided for individuals or groups traveling away from home.
Tourism is different from travel.
In order for tourism to happen, there must be a displacement:
an individual has to travel, using any type of means of
transportation (he might even travel on foot: nowadays, it is
often the case for poorer societies, and happens even in more
developed ones, and concerns pilgrims, hikers etc.).
3
TOURISM
Tourist - A visitor who travels to a country other than that ...
Presentation by Honourable Edmund Bartlett C.D., M.P., Minister of Tourism, Government of Jamaica at the seminar on the topic, 'Tourism Industry Reform: Strategies for Enhanced Economic Impact' on May 25, 2017 at the 47th Annual Meeting of the Board of Governors in the Turks and Caicos Islands.
What is international tourism?
• Tourism is the generic term used to cover both demand and
supply that has been adopted in a variety of forms and used
throughout the world. International tourism essentially
refers to the activities undertaken by visitors, also known
as the visitor economy. The tourism industry encompasses
all activity that takes place within the visitor economy.
• This includes activities that are directly related to the
tourist, such as staying in a hotel, ordering a meal or
visiting a tourist attraction. It also includes indirect
activities, such as the transport company which delivers
the food to the restaurant in which the tourist eats or the
laundry company that has a contract with the hotel for
cleaning bed sheets.
• It is largely due to the indirect contributions to tourism,
that defining and measuring the tourism industry is so
difficult!
International tourism definitions
• Tourism is a phenomenon with no universally accepted
definition, owing to the complexity and individualism of
the travellers themselves and the activities that they
choose to undertake.
• The most widely utilised definition of tourism, proposed
by the World Trade Organisation (WTO) and United States
(UN) Nations Statistics Division (1994), prescribes that
in order to qualify as a tourist one must travel and remain
in a place outside of their usual residential environment
for not more than one consecutive year for leisure,
business or other purposes.
• Matheison and Wall (1982) on the other hand, do not impose
a timeframe, simply stating that one must travel to a
destination temporarily.
• Leiper (1979) believed that defining tourism is more
complex than this, proposing that there are three
approaches that can be taken. The economic stance focuses
on tourism as a business, the technical stance focusses on
the tourist in order to provide a common basis by which to
collect data and the holistic stance attempts to include
the entire essence of the subject.
• The Cambridge Dictionary define tourism quite simply as;
‘the business of providing services such as transport,
2. Tourism Trends.
• Tourism: a key role player in economies.
Spinoff effects:
• Job creation,
• New small and medium enterprises(SME’s),
• Country competiveness,
• Productivity,
• Innovation and
• Creativity.
3. Tourism Trends.
• Trends over last 6 decades:
• Continued expansion and diversification,
• Become one of the largest and fastest-growing
economic sectors in the world.
• New destinations in addition favorites of Europe and
North America.
• Tourism has shown uninterrupted growth.
• International tourist arrivals have increased.
6. Long Term Projections.
International Tourist Arrivals Worldwide:
• Is expected to increase by 3.3% per year between 2010-2030
• Will reach 1.8 billion by 2030, according to UNWTO.
Between 2010 and 2030:
• Arrivals in emerging destinations will increase + 4.4% a year.
• While those in advanced economies will increase +2.2 % a
year.
• The market share of emerging economies increased from 30%
in 1980 to 45% in 2014, and is expected to reach 57% by 2030,
equivalent to over 1 billion international tourist arrivals.
7. Receipts from international visitor spending on
accommodation, food and drink,
entertainment, shopping and other
services and goods reached
an estimated US$ 1.2
trillion (euro 937
billion) in 2014, an
increase of 3.7% in real
terms
8. Demand continued to be strong in
most source markets and destinations,
despite ongoing geopolitical, economic and health challenges in some
parts of the world.
With 46 million
more tourists
travelling the world (+4.3%), 2014
marks the fifth consecutive
year of robust growth
above the long-term average
(+3.3% a year) since the financial
crisis of 2009.
9. Travel & Tourism generated
US$7.6 trillion
(10% of global GDP) and
277 million
jobs(1 in 11 jobs) for
the global economy in 2014.
Tourism = 10% Global GDP.
10. Emerging Economies now represent a 46%
market share (up from 38% from 2000)
Emerging Economies
Now represent a
46% market share
up from 38% in 2000
11. Global Economic Challenges.
Slower Global Trading
due to:
• Weakness and potential
Volatility of currencies
against US $.
• Deep recession in Russia,
will slow outbound
spending.
• Overall slower world trade
in 2015
13. Expansion of Travel & Tourism.
• Travel & Tourism expansion is forecasted
and expected to increase by 3.7% of the
GDP.
14. Caribbean Performance.
Arrivals in the Caribbean were up 6%;
• Dominican Republic + 10%
• Cuba + 5%
• Jamaica + 4%
• Puerto Rico + 1%
the second largest destination in the sub region;
Source: World Travel & Tourism Council
15. ‘Smaller’ Destinations.
• Turks and Caicos Islands (+50%)
• Montserrat (+22%)
• Grenada (+15%)
• Haiti (+11%)
• Cayman Islands (+11%)
All ‘smaller’ Caribbean destinations
posted double-digit increases.
Source: World Travel & Tourism Council
16. The total contribution of Travel & Tourism to Aruba's GDP was
AWG 4,2 billion (88.4% of GDP) in 2014,
and
is forecasted to rise by
3.2% in 2015, and to rise
by 2.7% to AWG 5,6
billion (94.0% of
GDP) in 2025.
Aruba & Tourism.
17. In 2014 Travel & Tourism directly
supported 16,500 jobs (32.5% of total
employment).
This is expected to
remain unchanged in
2015 and fall by 0.4%
pa to 16,000 jobs
(29.6% of total
employment) in 2025.
18. In 2014, the total contribution of Travel &
Tourism to employment, including jobs
indirectly supported by the industry, was
90.8% of total employment (46,000 jobs).
This is expected to rise
by 2.5% in 2015 to
47,000 jobs and rise by
0.5% pa to 49,000 jobs
in 2025 (91.2% of total).
19. Visitor exports.
• Visitor exports generated
AWG 2,9 billion
(66.9% of total
exports) in 2014.
• This is forecasted to grow by 2.9%
in 2015, and grow by 2.8% pa,
from 2015-2025, to AWG 3,9
billion in 2025 (64.6% of total).
20. Travel & Tourism investment in
2014 was AWG 334.8 million, or
31.0% of total investment.
It should rise by
4.8% in
2015,
and rise by 3.0% over the
next ten years to
AWG 469.8 million
in 2025
(34.0% of total).
21. International Tourism - Top Spenders
• Chinese travellers spent
a record US$ 165 billion
abroad in 2014 – an
exceptional 27%
increase over 2013
and US$ 36 billion
more in absolute
terms
22. China.
China currently generates some
13% of global tourism receipts,
Benefitting
many destinations
around the world,
particularly in
Asia & the
Pacific.
23. Spending Gap of US$ 54 billion.
In 2014 the expenditure gap between
China and the United States (2nd) ,
widened to US$ 54 billion, despite a
robust 6% increase in tourism spending
from the United States, to reach US$ 111
billion.
24. Germany reported a modest 1% increase in
expenditure to US$ 92 billion.
• The United Kingdom (+4%), with US$ 58
billion, overtaking the Russian Federation, which
is now 5th with US$ 50 billion.
• France (+11%) and Canada (+3%) with
expenditures of US$ 48 billion and US$ 34 billion
respectively, while Italy (+7%) moved up one
place into 8th position with US$ 29 billion.
25. France (+11%) and Canada (+3%) with expenditures of
US$ 48 billion and US$ 34 billion respectively, while Italy
(+7%) moved up one place into 8th position with US$ 29
billion.
• Australia moved down one place in the ranking into 9th
position as expenditure decreased by 2% to US$ 26 billion.
• Brazil remained in 10th place in the ranking, with an
expenditure of US$ 26 billion.
26. Other source markets in addition to the Top 10
which showed double-digit growth in
expenditure were:
Saudi Arabia, Norway,
Sweden, Spain,
India, Taiwan (pr. of China),
the Philippines, Qatar,
Thailand, Czech Republic &
Colombia.
28. During the past year, significant growth was
experienced by
Brazil (+30%),
Uruguay (+22%),
Paraguay (+13%),
Chile (+11%),
Panama (+11%).
29. Latin American
• Forecasts remain positive (+5%)
• Tourism’s direct contribution to GDP 7%
$140 billion in 2012,
and is set to rise to well over
$230 billion by 2020.
.
30. Challenges…
• As Latin America & Caribbean economies
grows and greater investment flows to the
region, domestic and international
businesses are struggling to find qualified
labor.
31. • Education directed to demands
of this economic sector
• A well managed migration in
order to control extensive growth
of the population not to put
pressure on infrastructure & other
• Not to ‘loose’ authenticity in
culture & heritage
• country’s product branding in
quality of service
• Job creation is necessary to
address poverty and to give
stability, opportunity and
prosperity.
32. Sustainability in tourism industry
Sustainability within the tourism industry
Tools for measuring and criteria for certifying ‘green’
destinations
Consumers & destination’s reputation for social and
environment responsibility.
Ecotourism can return as much as 95% of revenues
34. Investor’s Perspective
• Desired return on capital invested
• Global crisis intensifies the need for more
detailed pre-investment analysis…making values
more scrutinized in markets with greater
macroeconomic risks
• Yields may be compared with capital market
yields
• Emerging markets are expected to provide
greater returns
• Seasonality is generally not perceived well
35. From Investor’s prospective
Operating History
Hotel often cannot substantially
outperform its true competitive set
Equally important to investments in
new developments or existing hotels
soundness defines future performance
of hotels (new or existing)
,
hotel value–“the appetite of
investor”
36. Statia… discover & experience… the
unexpected!
The Mar Linda Resort
The concept
My vision is to play a key role in developing this project
to reach a niche & beyond eco-tourism on the island,
by being self-supportive by using reusable energy, eco-
friendly, with low carbon emissions and to guarantee
the authenticity of the country's culture and to provide
services to the people of Statia by contributing to
preservation of nature.
37. My Mission
• My mission is being a key role player in the
island's economy to provide resources to
stimulate the above, education &
economic development, a well skilled
employment force, to cater and to provide
a high standard service. The geographical
situation of the island gives an additional
edge of reaching and providing services to
other islands as well.
•
•
38. The concept
I hereby present to you 2 video’s
The first video is about
the concept of the resort
& a yacht to do
island hopping, and
the second video is about
Hotel triple play..
39. Summary
This will give the resort the edge of being
trendy in technology advances combined
with eco-tourism making Statia the ultimate
innovative adventure ever.
thank you for your time and your attention.
Discuss outcomes of the case study or class simulation.
Cover best practices.
What will the audience be able to do after this training is complete? Briefly describe each objective how the audience will benefit from this presentation.
Add a case study or class simulation to encourage discussion and apply lessons.
What will the audience be able to do after this training is complete? Briefly describe each objective how the audience will benefit from this presentation.
What will the audience be able to do after this training is complete? Briefly describe each objective how the audience will benefit from this presentation.
What will the audience be able to do after this training is complete? Briefly describe each objective how the audience will benefit from this presentation.
What will the audience be able to do after this training is complete? Briefly describe each objective how the audience will benefit from this presentation.
What will the audience be able to do after this training is complete? Briefly describe each objective how the audience will benefit from this presentation.
What will the audience be able to do after this training is complete? Briefly describe each objective how the audience will benefit from this presentation.
Discuss outcomes of the case study or class simulation.
Cover best practices.
Discuss outcomes of the case study or class simulation.
Cover best practices.
Discuss outcomes of the case study or class simulation.
Cover best practices.
Microsoft Confidential
Summarize presentation content by restating the important points from the lessons.
What do you want the audience to remember when they leave your presentation?
Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)