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Hospitality And Tourism - THB 1104 - Australia Expenditure from Tourism Grew

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Academies Australasia College

   

Introduction to Tourism and Hospitality (THB1104)

   

Added on  2020-03-04

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Tourism is one of the many sectors considered as developing in most parts of the world. It is also true that tourism has some implications in Economic Dimensions such as the Gross Domestic Product and the development of local activities. In just less than a year, Australia's expenditure on tourism grew to $ 121.2billion surpassing that of the Mining sector which stood at $121 billion

Hospitality And Tourism - THB 1104 - Australia Expenditure from Tourism Grew

   

Academies Australasia College

   

Introduction to Tourism and Hospitality (THB1104)

   Added on 2020-03-04

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HOSPITALITY AND TOURISM 1
HOSPITALITY AND TOURISM
(Name)
(Course)
(Tutor)
(University)
(Date)
Hospitality And Tourism - THB 1104 - Australia Expenditure from Tourism Grew_1
HOSPITALITY AND TOURISM 2
In just less than a year, Australia expenditure from tourism grew to $ 121.2 billion
surpassing that of mining sector which stood at $121 billion. From the above, it is a clear
indication that there are increases in international and domestic tourists something worth noting
that the industry is getting healthier. The research team responsible for tourism included local as
well as international visitors engaged in various activities such as gambling, flights, and
shopping (Ironside, 2017). Tourism is one of the many sectors considered as developing in most
parts of the world. It is also true that tourism has some implications in economic dimensions
such as the Gross Domestic Product and the development of local activities. According to one of
the reports by world tourism council, in 2014, the global GDP had grown to more than $ 7.5
trillion accounting for 10% of the global GDP. Tourism sector alone generates 277 million jobs
for the whole global economy. Increasingly, the sector is growing more than other dominating
sectors that control GDP such as the manufacturing and banking among others.
The growth of the tourism has facilitated to more jobs being created in both developing
and developed nations either directly or indirectly (Ironside, 2017). Jobs in sectors such as
transport and construction continue benefiting as a result of tourism development indirectly
(Smith, 2017). The year 2013 saw more than 100 million jobs being created directly in tourism
and travel around the globe. As such it is a small percentage of about 3% of the total rate of
employment. It is approximated that one job is created indirectly when eleven jobs are created
directly. According to this essay, the spiraling effects of tourism that are either direct or indirect
are given a detailed description.
According to Weaver and Lawton (2014), tourism not only impacts on employment
directly but also indirectly. The multiplier effects of direct and indirect job creation are analyzed
in this essay (Ironside, 2017). Also, a deep analysis of future careers is highlighted in this piece.
Hospitality And Tourism - THB 1104 - Australia Expenditure from Tourism Grew_2
HOSPITALITY AND TOURISM 3
Japan is one of the popular destinations due to its attractiveness as it is a combination of culture
and traditional value is a perfect example to be used in this context.
Tourism has been hailed due to the substantial contribution it makes in creating
employment opportunities either directly or indirectly. Direct job creation refers to the impact
created by tourism in generating jobs directly that are linked and related to tourism and
hospitality and other relevant sectors such as travel agents, resorts and spas, and industries
related to entertainment that engage tourism activities. It has been reported that tourism had
significant direct effects on creating employment in Japan. Tourism created direct jobs related to
tourism in 2014 and saw more than one million people get employed and that represented 1.8%
of total employment. In 2015, the number had increased to 6% signifying an increase and saw
more people getting engaged again in employment (Ironside, 2016). In 2025, it is expected and
projected that the tourism industry will have grown by a margin of 0.7% on a yearly basis and
jobs created directly will amount to more than 1.2 million people in less than a decade (Weaver
and Lawton, 2014). According to the Australian Department for employment, jobs created
directly by tourism are expected to be higher as compared to other sectors such as banking and
finance.
On the other hand, indirect jobs created by tourism involve the provision of goods and
services such as transportation and manufacturing of culinary (Ironside, 2016). One indirect
contribution of tourism is the supply chain created in distributing essential goods and services
that support tourism such as food, drinks and equipment used in hotels and also accommodation
facilities.
Hospitality And Tourism - THB 1104 - Australia Expenditure from Tourism Grew_3

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