Tourism: Linking Demand with Supply and Consumers with Destinations

TOURISM

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Tourism is considered as an action of people moving to and staying in places outside
their usual surroundings for time off, business or other intention. Period of stay to other place is
not more than one consecutive year. In the past few deceits it is noted that tourism industry is
growing continuously and it has become one of the important sector that brings commercial
transactions and flow of money in economy (Tourism, 2019). It is said that tourism brings
demand and growth for many more industries. In a country tourism officers are accountable to
encourage touristy and fashioning tourist evolution with an aim of creating more and more
revenue. In this project a detailed information of considering tourism simply as an economic
transaction linking demand with supply, consumer with destinations.
MAIN BODY
Tourism business is considered essential for all the goodness that it bring forward and
due to its role as a business action for creating demand and growth in many more industries.
Tourism with adding towards economical action also generate more occupation, revenues and
play a significant role in development. It is one of the largest industry for entertaining general
public and giving employment to a large number of people. In this industry large number of
people work together to provide services and economic of various countries is highly depended
on tourism (Buckley, 2012). Tourism is described as an industry with eight sectors which are;
accommodation, attractions, events and conferences, food and beverages, tourism services,
transportation, adventure tourism and recreation, travel trade. According to World Travel and
Tourism Council, global tourism generated $7.6 trillion for global GDP. This contribution make
it one of the world's fastest growing and largest sectors.
Technology is playing most important role in growth of tourism sector as it leads to all
the process of enjoying tourism easy. Despite of all its contributions to economy and tourism is
considered simply as an economic transaction that helps to link demand with supply and
consumers with destinations. It is seen that tourism in a country helps to generate large amount
of revenues that are required for economic development. All the countries are highly
concentrated with the revenue that is generated through tourism but various flows in generating
more and more tourism are ignored (Cohen and Cohen, 2012). In the present time number of
countries facing various environmental issues that are caused due to over extraction of natural
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