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United Kingdom And Its Tourism Industry Essay

   

Added on  2021-02-19

7 Pages1751 Words25 Views
Economics
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Study Skills For The
Service Sector
United Kingdom And Its Tourism Industry Essay_1

Table of Contents
INTRODUCTION...........................................................................................................................1
Topic: How tourism has contributed towards the United Kingdom economy. ..........................1
CONCLUSION................................................................................................................................2
.........................................................................................................................................................2
REFERENCES................................................................................................................................3
United Kingdom And Its Tourism Industry Essay_2

INTRODUCTION
Every organization weather small or big contribute in the growth and development of the
economy. As they share hands in generating huge job opportunities in the society which due to
which directly or indirectly economy of the nation is raised at a rapid scale. In the cut throat
competitive world hospitality, tourism and event sector helps in raising the economy of UK at a
tremendous scale. Due to which UK has become financially strong and politically stable. As
economy has upgraded over the years living standards of the people has raised accordingly. In
this report any one sector out of tourism , hospitality and event sector. For the essay tourism
industry has been choosen and focus is done how this sector raise the economy of UK (Alegre
and Sard, 2015).
Topic: How tourism has contributed towards the United Kingdom economy.
Tourism can be stated as travelling for pleasure or for business purpose from one place to
another. People travel from one place to another or from one nation to another in order to relax,
entertain and also to enjoy their leisure time. While moving across the travel and tourism
companies provides several benefits such as, affordable tour package, solo trips, rooms, food
etc. Whereas, hospitality industry is a wider concept in which facilities such as, accommodation,
food, transportation, beverages etc. so that comfortable stay can be assigned to them. Where as in
event sector the plan is made all of a sudden with fix date and time. For the essay tourism is
choosen and deep study is done on how it contribute towards the UK economy (Dredge and
Gyimóthy, 2015).
Tourism plays a crucial role in raising the economy of the United Kingdom. The
continuous growth and development in tourism sector has created numerous job opportunities
for the society people. Many countries heavily depends on tourism expenses by travellers as it is
the source of taxation as well as as a source of income for business enterprises. Due to which the
living standard of the society has raised as well as purchasing power of the people has increased
at a tremendous scale. Along with this it has shared hands in uplifting export earnings which
directly or indirectly has upgraded foreign exchange earnings. Moreover it has opened several
doors for smaller countries as it is a essential source of diversification. Also, it plays a
significant role in uplifting the aggregate demand of suppliers and aid them to spreading the
business in other places. The customers emerging needs, preferences and demand are fulfilled as
1
United Kingdom And Its Tourism Industry Essay_3

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