Impacts in The Tourism and Hospitality
Impacts in The Tourism and Hospitality
Impacts in The Tourism and Hospitality
Apuya
Blanco
impacts Callo
salor
of
Tourism
And
Hospitality
economi cultural
c
social environmenta
l
economi
c POSITIVE
EFFECTS
• income
• employment
• balance of payments
• investment and
development
incom
• e
countries use the tourism and
hospitality industry to generate
income faster
- countries that made most income from international
tourists in 2017
- U.S.
- Spain
- France
• tourism income greatly comes from
incom
e
• two types of taxation:
- direct taxation
- indirect taxation
employmen
• thet industry created
238,277,000
million jobs in 2008 according to
World Travel and Tourism Council
• the industry is a key to job
creation; range of career
opportunities
• three types of employment:
- direct employment
balance of
• payments
accounting flow of goods
and
services in and out of a country
over a period of given time
• the record of all transactions
between residents of a country and
foreign residents
• deficit
• surplus
investment and
development
• if a country is economically
successful, business people may
invest in the tourism industry
economic
negative
effects
• inflation and land
values
• high leakages
• seasonality
• overdependence
inflation and land
values
• prices of goods and services
fluctuate; go higher
• land values: additional demand for
land; increased land values
high leakages
• the revenue lost to other
countries / companies
• three sources:
- cost of goods and services
- remittance of profits and wages
to outside sources
- expenditure for promotion and
publicity
seasonality
Intercultural communication
cultural