Tourism's Contribution to the UK Economy: A 2019 Report

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Running head How tourism contributes towards the UK economy?
How
Tourism
contributes
to the UK
economy?
2019
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How tourism contributes towards the UK economy?
How tourism contributes towards the UK economy?
Name of the Student
Name of the University
Author Note
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How tourism contributes towards the UK economy?
Introduction
Tourism is all about how people travel from one place to another and it involves spending time
with the one another or exploring the new places (Dulebohn, 2017). The spending holidays
abroad along with the family, and exploring eh new unvisited places are part of the existing time
and days. To evaluate how there would be people who would be part of the global world that
would be extensively be traveling and equally be contributing to the economy. It is seen, when
the tourists from the different part of the globe that would be able to explore the different places
and would be able to extensively spend and splurge. It would also be attributed to the foreign
country, that would benefit the method of attracting with the given country benefit along with the
given attracting tourists? This would also be connected to the money which would be able to
explore form the pockets of the tourists that can spend on a particular country along with the
required income belonging to the tourism industry. This is also as per the research, and to
examine how there would be tourism that would be an extensive part of the key economy along
with the money that it can earn considered it to be helpful to everyone.
For the UK Economy the Positive effects of the related tourism are the-:
1. This would be existing in lieu of the employment that would be able to connect with the
line of the people existing within the given country.
2. This also extensively been able to promote and also include the cultural awareness along
with the insights to the preserve local culture along with the traditions.
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How tourism contributes towards the UK economy?
3. Through this, there would also be the money gained and earned from the tourism that
would be required to be used to develop and examine with the given infrastructure along
with the key services such as the new roads along with the airports.
4. In LEDCs money such type of the invested and also connected to the developing
education and with the clean water and sanitation.
5. This is also existing in the side of the foreign money that would potentially also be able
to aid to local people.
6. It would also result in the natural attractions that can potentially also help to protect with
the need of the using income belonging from tourism.
GOOD and the related ECONOMIC IMPACTS:
1. This would help to generate and also include a foreign exchange.
2. IThis would help to examine the need to create a new job along with the employment
opportunities.
3. This would be a step to stimulates with the given trade, income along with examining the
entrepreneurship – that is required with the small business sectors.
4. It would be an add on to the given provision and related to the new infrastructure that
would be able to connect to the available part of the non-tourism uses.
5. This would be connected and related to the increases regional development – depending
on the elated isolated areas.
6. This is so related to the generation to the greater collection and also with the taxes and
revenues.
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How tourism contributes towards the UK economy?
General and the impactful Negative impacts:
1. This would be connected to the negative impact attributed to the environment. This also
results in the increases air travel along with the belongingness to the key contributors
with the towards air pollution.
2. This is also dependent and related to the local people that would be also employed that
can connect to the low skill along with the poorly paid work belong to the unhygienic
working conditions.
3. This is also attributed to the travel agents, airline companies along with an examination
of the hoteliers benefit that would be more dependent on the local companies and also
with the holidays that would be booked to destinations in connection to the LEDCs.
4. It would be connected and also to be related to the destroys local culture along with the
given traditions.
5. To evaluate how there can be also a key examine to the locally run accommodation
companies that would extensively be competition in connection to the foreign companies
that would be built with the hotels with the connection to the new tourist destination.
For the UK country, the below economic impacts have been evaluated,
1) Necessity and with the connection to the import goods increase.
It would be involved to the key examination to the small economies that would be attributed to
the products and also be enabled to the devised methods of the tourists demand, that would also
be connected to the import and to set with the demands of the tourist.
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How tourism contributes towards the UK economy?
2) Displacement effects.
It would be connected to the new tourism project that would be dependent on the customers
away that would help to follow the existing industry or facility along with the key economy
required to be shifted (Mathieu, 2017).
3) Over-dependence on tourism.
It would also have an impact in the UK developing, and also integrating with the tourism
industry that would help to examine to the vigor. It would also be connected to the people start
investing within the given money belonging to the given industry, along with the key examining
to the industries which have been extensively been present. This would also be connected to the
trusts to the particular tourist location along with the economy falls.
4) Dependence on labor.
It would be significantly be attributed to the tourists that have constantly also risen and have
increased, it is because of the labor that was required to set up and to be able to fulfill their
requirements in connection to the increase (Hoegl, 2017). It would also be related to the industry
which would extensively rely on and to be dependent on the labor; with also existing of these
companies that would also be dependent on the highly exploited labor that can also be able to
meet and connect to the tourist demands.
5) Higher land values.
This would result in a higher number of tourists that would also be able to address the key
accommodation. It would be attributed to the hotels, lodges along with the rest houses that would
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How tourism contributes towards the UK economy?
be built. This is also determined to result in a connection to the shortage of land along with the
prices shoot up, that would be dependent on the locals (Hoch, 2017).
6) Prices and connection to the goods increases.
This would be more related to the tourists’ that would also connect to the needs of supplies
example: such as the food, water along with the electricity, gas supply, etc. This would also be
dependent on the maintenance along with the repair that would contribute also increase. It would
be related to the market more expensive, and also be dependent on the difficult part to the local
people.
UNITED KINGDOM:
This is connected with the World Travel & Tourism Council (WTTC), and it would be
connected to the industry that would be aggressive to be growing at 1.3% in 2012. It would result
in the rate of growth that would connect to the Tourism industry and so far it has also related to
the £35.6 billion with the given British economy. It would be attributed to the number of jobs
which would be connected to the tourism support and with the forecasted along with the
increasing independence to the 250,000 existing in between the 2010 and 2020, rusting in the
2.645 million along with the 2.899 million. This would also be connected to the one in twelve
jobs that would be resulted in the currently supported along with examining to the tourism (Liao,
2017).
This is also attributed to the UK is one of the fifth largest tourism industry globally and so far
has also included the 200,000 enterprises and with the 70,000 establishments that have also been
related to the major world-class hotels and with the country house hotels, guest houses and with
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How tourism contributes towards the UK economy?
the holiday parks. It would be connected to the 110,000 restaurants, bars along with the pubs that
are also key surviving and connected to the Tourism.
This is also related to the 7,000 businesses that would result in the theme parks, museums along
with the heritage sites, parks and with the gardens, zoos. Depending on the 25,000 businesses
staging conferences and with the examining of the festivals, exhibitions along with the concerts
it is also connected to the Tourism.
This would also be determined to be as per the low barriers that are part of the entry that can
connect to the changes in demand, along with the inbuilt of the highly efficient part of the rapidly
creating employment (D’Innocenzo, 2016)
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How tourism contributes towards the UK economy?
References
D’Innocenzo, L., Mathieu, J. E., & Kukenberger, M. R. 2016. A meta-analysis of different forms
of shared leadership–team performance relations. Journal of Management, 427, 1964-1991.
Dulebohn, J. H., & Hoch, J. E. 2017. Virtual teams in organizations. Human Resource
Management Review, 23 2013, pp. 114-125
Gilson, L. L., Maynard, M. T., Jones Young, N. C., Vartiainen, M., & Hakonen, M. 2015.
Virtual teams research: 10 years, 10 themes, and 10 opportunities. Journal of Management, 415,
1313-1337.
Hoch, J. E., & Dulebohn, J. H. 2017. Team personality composition, emergent leadership and
shared leadership in virtual teams: A theoretical framework. Human Resource Management
Review, 274, 678-693.
Hoegl, M., & Muethel, M. 2016. Enabling shared leadership in virtual project teams: A
practitioners’ guide. Project Management Journal, 471, 7-12.
Liao, C. 2017. Leadership in virtual teams: A multilevel perspective. Human Resource
Management Review, 274, 648-659.
Lisak, A., & Erez, M. 2015. Leadership emergence in multicultural teams: The power of global
characteristics. Journal of World Business, 501, 3-14.
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How tourism contributes towards the UK economy?
Mathieu, J. E., Hollenbeck, J. R., van Knippenberg, D., & Ilgen, D. R. 2017. A century of work
teams in the Journal of Applied Psychology. Journal of applied psychology, 1023, 452.
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