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Benefits of Tourism Nathaniel Powers 29 April 2013


#1 Discuss the benefits of tourism


We go places‌

But what is Tourism?


Benefits of Tourism Export of Local Products

Multiplier Effect & Tax

Direct Employment

Personal Benefits Supporting Industries


Personal Benefits


Self Discovery

Relaxation

Escapism

Motivation for Traveling

Curiosity

Education

Bonding & Relationships Exploring Culture


Direct Employment


Desk Manager Tour Guide Housekeeping

Cruise Ship Entertainer

Reservations Staff

Retail Sales Clerk

Vacation Planner

Character Performer

Stewardess

Chef

Waiter


15%

60%

10% 15%


Supporting Industries


Destination Guide Publisher Executive

Textbook Author

Maintenance Personnel

Consultant Travel Show Host

Revenue Management University Tourism Professor

Translator


235 million


GLOBAL GDP


$16.7 billion


10%

SC


Multiplier X Effect


$ $ $


Generates Business for Suppliers

Requires Planning and Construction

New Hotel Investment Cycle

New Hospitality Employees and Management at Hotel

Employees Become Residents and Shop at Local Businesses


Community Benefits from Increase in Tourism

Creates Jobs Directly Related to Hotel

New Hotel Expenditure Cycle

Tourists Spend Money in Guest Experiences

Taxes Are Collected and Can Be Used for Infrastructure and Re-investment


Shifts Tax Burden to Non-Residents


Stimulates Export of Locally Produced Goods


15 - 20% of total tourism spending


Discussion Question #2


What benefits does tourism bring to your area?


Greenville Area Tourism

$779 million / year 19,000+ jobs $40 million tax


Trade and Conferences


50% Hotel Occupancy in Greenville is Business-related


TD Center

Hyatt


Arts


Outdoors & Destination


Benefits of Tourism Export of Local Products

Multiplier Effect & Tax

Direct Direct Employment Employment

Personal Personal Benefits Benefits Supporting Industries


Hospitality and Tourism Final Presentation