Impact of Inflation on Tourism Industry: Positive and Negative Effects

Research Project

ABSTRACT
This project report summarises the positive and negative impact of inflation in regards with
tourism industry in a strategic manner. Main purpose of this report is to assess the impact of
inflation rates on tourism industry through the aid of qualitative and quantitative data. For
collecting data, secondary sources are assessed for this project report. It has been discovered that
high inflation rates influence tourism industry in a significant manner as this has directly
impacted their core operations due to leisure activities of travellers.

Contents
INTRODUCTION ..........................................................................................................................1
Description of inflation ...............................................................................................................1
Explanation of the events which can lead to inflation ................................................................1
Research aims and objectives .....................................................................................................1
MAIN BODY ..................................................................................................................................2
Data collected through quantitive research .................................................................................2
Data collected through qualitative research ................................................................................3
CONCLUSION ...............................................................................................................................4
REFERENCES ...............................................................................................................................6
APPENDIX......................................................................................................................................7