This document discusses the economic and social benefits of tourism across several categories. Socio-cultural benefits include tourism fostering understanding between communities and strengthening local culture. Environmental benefits are financial contributions to conservation and improved environmental management of destinations. Major economic benefits are the direct, indirect, and induced effects on employment, GDP, and balance of payments, as well as increased income and entrepreneurship opportunities. Political benefits consist of upholding freedom of movement and ensuring stability. Technological advances like the internet also facilitate global tourism.
This document discusses the economic and social benefits of tourism across several categories. Socio-cultural benefits include tourism fostering understanding between communities and strengthening local culture. Environmental benefits are financial contributions to conservation and improved environmental management of destinations. Major economic benefits are the direct, indirect, and induced effects on employment, GDP, and balance of payments, as well as increased income and entrepreneurship opportunities. Political benefits consist of upholding freedom of movement and ensuring stability. Technological advances like the internet also facilitate global tourism.
This document discusses the economic and social benefits of tourism across several categories. Socio-cultural benefits include tourism fostering understanding between communities and strengthening local culture. Environmental benefits are financial contributions to conservation and improved environmental management of destinations. Major economic benefits are the direct, indirect, and induced effects on employment, GDP, and balance of payments, as well as increased income and entrepreneurship opportunities. Political benefits consist of upholding freedom of movement and ensuring stability. Technological advances like the internet also facilitate global tourism.
This document discusses the economic and social benefits of tourism across several categories. Socio-cultural benefits include tourism fostering understanding between communities and strengthening local culture. Environmental benefits are financial contributions to conservation and improved environmental management of destinations. Major economic benefits are the direct, indirect, and induced effects on employment, GDP, and balance of payments, as well as increased income and entrepreneurship opportunities. Political benefits consist of upholding freedom of movement and ensuring stability. Technological advances like the internet also facilitate global tourism.
● Environmental benefits ● Political benefits ● Economic benefits
Socio-cultural benefits
➤ Tourism as a force of peace - The education element in tourism brings communities
together as it fosters understanding, knowledge, and mutual empathy. An increase in understanding reduces tension between people and creates peace.
➤ Strengthening the communities - peace between the local community and tourist community. It also creates peace between the cultures of hosts and guests. Culture is also used to promote tourism.
➤ Benefits for residents - Tourism would result in higher living standards in destinations with many facilities like upgraded infrastructure, health, transport, better-quality commodities, etc.
➤ Revaluation of culture and traditions - Tourism boosts the preservation and
transmission of heritage and historical traditions. Contributed to sustainable maintenance of natural resources and cultural art and crafts.
1 ➤ Civic involvement and pride - creates a local awareness of natural resources and awakens a sense of pride which would result in a local contribution to tourism development.
➤ Revitalization of poor
➤ Rebirth of local architectural values
Environmental Benefits
➤ Financial contributions - certain fees paid at the entrance of the destination are contributed to environmental conservation
➤ Improved environmental mng - hotel env mng done for tourists also benefits our nature. Planning environmental mng can prevent damages and avoid deterioration of natural assets (ex: green building - energy-efficient raw materials used, sewage system )
➤ Environmental awareness raising - increases public appreciation of the environment.
Tourism consumes a large number of goods and services that encourages local businesses which produce goods and services in a sustainable way.
➤ Protection and preservation - because of the beauty of nature it's very well protected as it attracts tourists. Because of this preservation strict rules has be imposed and as a result, many endangered species of animals have started to thrive again.
Economic Benefits
➤ direct, indirect, and induced effects - the direct effect is the changes in the economic activity during the first round of spending (ex: the hotel owner gets the direct effects from tourists when he stays at the hostel)
The indirect effect is the changes in income in the region in backward-lined industries such as suppliers (ex: supplier and the employee gets the indirect effects from tourists)
The induced effect is the changes within the region from household spending to the income earned. (ex: supplier spends his earning for his family)
2 ➤ Balance of payments - income earned from tourism industry can assist on national payments for the rest of the world
➤ Income generations and distribution - the income price elasticity has a huge impact on the tourist income generation on the country. Government earn revenue by taxing the tourists
➤ GDP Contributions - tourism industry incomes contributed directly or indirectly to a
country’s GDP. In 2021, industry contributed over 143 million US dollars to Southasian GDP.
➤ Employment - tourisms also creates new job opportunities. In 2021, 1 in 11 of all jobs are of tourisms related employment (direct, indirect and induced employment)
➤ Entrepreneural activities - relationship between local entrepreneurs are strengthened
because of tourism. Local entrepreneurial activities has a positive impact on tourism
➤ Opportunity cost - when certain destination areas are invested for a certain purpose it is rarely considered for another activity then creates opportunity cost
Political benefits
➤ Tourism as a rights - UNWTO defines tourism and travelling as a right and also supports the liberty of tourists movements. Travelling is a basic human rights that augments quality of life.
➤ As a political phenomenon - first and second world countries ensures safety in order to develop their tourism industry
➤ Political stability - good law and order encourages tourists for their arrival. Good stability of the system creates a good environment for developing tourism. Beautification of site ans destination as a result of stability of government has a great impact on tourist inflow.
Technological benefits
➤ Facilitated globalization - through internet and social media people are well connected and also information exchange rate and speed has become higher with the development of technology which has a greater impact on a country’s tourism
