The Impact Of Tourism On The Hospitality Industry

INTRODUCTION Tourism is defined by the activities of persons identified as visitors. A visitor is not only someone who is travelling for leisure. A visitor is also someone who is making a visit for less than a year to a main destination outside his/her usual environment for any main purpose including holidays, leisure and recreation, business, health, education or other purposes†¦ (http://www2.unwto.org/) The hospitality industry includes enterprises that provide accommodation, meals and drinks in venues outside of the home. These services are provided to both domestic and inbound visitors. Tourism is, without doubt, one of the major social and economic phenomena of modern times. Despite that the early 1900s, as a social activity,†¦show more content†¦The success of tourism makes it a key contributor to the UK’s economic and social wellbeing. The visitor economy is now worth  £113bn a year and employs more than three million people and continues to provide new opportunities for employment across the country, including areas where other employment opportunities are limited such as rural communities. It supports directly and indirectly thousands of businesses and has an interdependent relationship with a range of sectors including farming, transport, retailing, sport, museums, galleries and the arts, as shown on figure 2. Figure 2 (https://www.wttc.org/) The total contribution of tourism includes its â€Å"wider impacts† (i.e. the indirect and induced impacts) on the economy. The â€Å"indirect† contribution includes the GDP and jobs supported by: †¢ Tourism investment spending an important aspect of both current and future activity that includes investment activity, such as the purchase of new aircraft and construction of new hotels; †¢ Government â€Å"collective† spending, which helps tourism activity in many different ways, as it is made on behalf of the â€Å"community at large†, e.g. tourism marketing and promotion, aviation, administration, security services, resort area security and sanitation services; †¢ Domestic purchases of goods and services by the sectors dealing directly with tourists, including, for example, purchases of food and cleaning services by hotels and of fuel andShow MoreRelatedThe Size and Economic Impact of the Hospitality and Tourism Industry3276 Words   |  14 PagesThe Size and Economic Impact of the Hospitality and Tourism industry: Tourism is a massive industry in New Zealand. 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