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  • Essay / The tourism industry, a major source of income - 685

    Tourism is recognized as a large industry globally, which constitutes a key sector of development in several countries and a major source of income, jobs and wealth creation and which also influences complementary investments and national investments. policies. This diversity of influence and importance creates measurement challenges in tourism. Most industrial activities can be measured by clear statistics such as the agricultural industry and automobile or electronics manufacturing. Although tourism is a large and complex industry, quite difficult to measure, it is a key part of the service economy. The tourism industry can basically be measured by research reports and statistical data conducted by various organizations related to tourism and the economic sector, such as the United Nations World Tourism Organization (UNWTO), the World Tourism Council and Travel (WTTC), the Organization for Economic Co-operation and Development (OECD) and the Tourism Satellite Account (TSA), which is a basic economic tool for measuring tourism industries on the economy. In terms of indicators based on the objective of this document seeks to measure the impacts or benefits, competitiveness and future development of tourism. additional core indicator Future developmentTourism performance and impacts -TDGDP-Inbound tourism expenditure-Exports of tourism servicesCapacity of a destination to provide competitive and quality tourism services -Labor productivity -Air connectivity and intermodality -Government budget allocation for tourismTable 1: List of indicators for measurement in tourismSource: modified from OECD (2013)Table 1 presents the indicators for measurement in tourism in accordance with OECD (2013) which indicated that indicators for measuring these factors mentioned in tourism ...... middle of document ...... and develop the competitiveness of tourism. And the government budget allocation to tourism, which is a measure of national government tourism spending per capita. The funding is a sign of commitment to the tourism sector and to work in partnership by investing to improve performance capacity and competitiveness. This is generally linked to national policies and programs to be implemented with industrial partners as part of a policy or program that aims to improve the quality of products and services within the tourism industry, to facilitate tourism investment opportunities and promote the country as a tourist destination. Ultimately, these mentioned indicators constitute the essential tool to measure the entire tourism sector which results in economic growth and tourism development, which should help predict the economic objective and strengthen the tourism sector at the same time. 'future..