The Tourism Industry: A Comparative Analysis of London and Paris

This report provides a comprehensive overview of the tourism industry, with a specific focus on London and Paris. It begins with a general introduction highlighting the economic significance of tourism, citing examples from the United States and emphasizing its role in stabilizing economies. The report then delves into the tourism sectors of London and Paris, detailing their visitor numbers, revenue generation, and key attractions. It identifies various factors that positively influence tourism in both cities, such as political stability, cultural diversity, and natural beauty. Conversely, the report also examines the challenges faced by each city, including the impacts of economic recession, political events like Brexit, and cultural factors. The conclusion reiterates the importance of the tourism industry and emphasizes the various factors affecting its growth and stability, supported by references to relevant sources.

TOURISM
INDUSTRY
An overview

INTRODUCTION
 The tourism industry in the recent
times has emerged as one of the
most important ones of the world.
 The United States of America’s
tourism industry for the year 2016
“generated over $1.5 trillion in
economic output in addition to
supporting 7.6 million jobs”
(Forbes.com. 2018).
 This particular industry is used by
the various nations to stabilize
their dwindling economies.

TOURISM IN THE CITY OF
LONDON
 One of the oldest cities of the world.
 The “city attracted 19.1 million
international visitors in 2017, making it
one of the world's most visited in terms
of international visits”
(Londontourism.ca. 2018).
 The “tourism industry of the city of
London generated net revenue of £9.4
billion for the year 2011”
(Londontourism.ca. 2018).
 The primary attractions of the city are
London Eye, London Aquarium, “Big
Ben, the Houses of Parliament,
Westminster Abbey and Nelson's
Column” (Londontourism.ca. 2018).

TOURISM IN THE CITY OF
PARIS
 The city for the year 2013 received
more than “15.6 million international
visitors, the largest number of whom
came from the United States” (Bureau
2018).
 The tourism industry of the city
employed around “263,212 workers in
the city of Paris, or 18.4 percent of the
total number” (Bureau 2018).
 The revenue generated by the tourism
industry of the city for the year 2014
was around “17 billion dollars (13.58
billion Euros), the third highest sum
globally after London and New York”
(Bureau 2018).

FACTORS AFFECTING THE
TOURISM INDUSTRY IN LONDON
 Stable political
environment
 Multicultural society
 Picturesque city
 Natural beauty of the
city
 Thames River

FACTORS AFFECTING THE
TOURISM INDUSTRY IN PARIS
 Stable political
environment
 Intellectual hub of the
world
 Heritage sites and
museums
 Abode of some of the
famous intellectuals of
the world.

ISSUES FACED BY THE TOURISM
INDUSTRY OF LONDON
 The “divorce bill” or the Brexit
deal which was recently concluded
is likely to affect the tourism
industry of the city in an adverse
manner (Visitlondon.com. 2018).
 The economic recession which the
world is facing at the current
moment has significantly affected
the tourism industry of the city.
 The conservative culture of the
city is also another impediment to
the growth of the tourism industry.

ISSUES FACED BY THE
TOURISM INDUSTRY IN PARIS
 The economic recession of the
world has an adverse effect on
the tourism industry of the city.
 The exit of Britain from the
European Union can affect the
tourism of the city in a
significant manner (Bureau
2018).
 The city is a conglomeration of
people from different cultures
and thus it is seen that the
tourists feel out of place in the
city.

CONCLUSION
 The tourism industry has
emerged as one of the
major ones of the world.
 Majority of the nations of
the present day world take
the help of this particular
industry to stabilize their
dwindling economies.
 Several factors which
affect the tourism industry
of a particular industry.

REFERENCES
 Bureau, P. 2018. Paris tourist office - Official website. [online] en.parisinfo.com. Available at:
https://en.parisinfo.com/ [Accessed 8 May 2018].
 Forbes.com. 2018. Forbes Welcome. [online] Available at:
https://www.forbes.com/sites/alexandratalty/2017/10/12/us-economy-losing-billions-as-trump-
slump-continues-in-tourism-sector/#214f090e1869 [Accessed 8 May 2018].
 Londontourism.ca. 2018. Tourism London. [online] Available at: https://www.londontourism.ca/
[Accessed 8 May 2018].
 Mok, C., Sparks, B. and Kadampully, J., 2013. Service quality management in hospitality, tourism,
and leisure. Routledge.
 Tyrrell, T., Paris, C.M. and Biaett, V., 2013. A quantified triple bottom line for tourism:
Experimental results. Journal of Travel Research, 52(3), pp.279-293.
 Visitlondon.com. 2018. Welcome to London. [online] Available at: https://www.visitlondon.com/
[Accessed 8 May 2018].
 Wilks, J., Stephen, J. and Moore, F. eds., 2013. Managing tourist health and safety in the new
millennium. Routledge.
 Zaei, M.E. and Zaei, M.E., 2013. The impacts of tourism industry on host community. European
journal of tourism hospitality and research, 1(2), pp.12-21.
 Ziegler, J., Dearden, P. and Rollins, R., 2012. But are tourists satisfied? Importance-performance
analysis of the whale shark tourism industry on Isla Holbox, Mexico. Tourism Management, 33(3),
pp.692-701.
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