Chapter 1 Flashcards
TSA
Tourism Satellite Account
framework that measures tourism’s economic impact by analyzing indicators like visitor spending, employment, contribution to GDP. It tracks how tourism integrates with other economic activities.
External forces (tourism destinations)
economic conditions, pandemics
Internal forces (tourism destinations)
infrastructure
Leisure tourism (purpose)
enjoyment
Business tourism (purpose)
work
Cultural tourism (purpose)
culture & history
Health tourism
medical reasons
luxury tourism (income)
high-end
mass tourism (income)
general population
domestic tourism
residents traveling within country
inbound tourism
non-residents in given country
outbound tourism
residents in another country
internal (tourism)
domestic and inbound
national (tourism)
domestic and outbound
international (tourism)
inbound and outbound
tourist flow
movement of people from xxx to xxx (influenced by motivation, transportation, duration, way of travel)
rural tourism
nature based and agricultural in non-urban areas
ecotourism
responsible travel
adventure tourism
physical activities in risk-prone destinations
cultural tourism
cultural heritage and history
health tourism
physical, mental or spiritual well-being
wellness tourism
health through preventive and lifestyle focussed activities
business tourism
work meetings/ conferences
gastronomy tourism
food, cuisine
eno-tourism
wine tasting
coastal tourism
swimming, surfing
medical tourism
treatment and services
maritime tourism
cruising or yachting
inland water tourism
lakes, rivers
urban tourism
city visits
mountain tourism
outdoor activities in mountain areas
education tourism
learning, courses, skill
sport tourism
sport events or activities
tourism system
demand, supply, geographical space, market operators -> all businesses facilitating travel and providing services
characteristics (Fennel and Cooper) tourism system
open system -> tourism influenced by external elements
sub-system -> interconnected components and marketing
complex linkages -> interaction tourism & environment
feedback mechanism -> unintended effects (over tourism)
tourism multiplier effect
money spent by tourists in a destination generates additional economic activity and benefits beyond the immediate spending (ripple effect)
leakage (multiplier effect)
some money leaks through: savings, import (other country)
income multiplier
how much total income is generated in the economy from an initial amount of spending
MPS
marginal propensity to save
MPC
marginal propensity to consume
UNWTO (international level)
United Nation of world tourism organization (data, trends)
OECD (international level)
Organization for Economic Cooperation and Development (economic insights)
Eurostat (international level)
statistical data EU
WB (international level)
World bank (economic impact tourism worldwide)
WTTC (international level)
world travel tourism council (analyze reports)
IATA (international level)
international air travel association (data/rules air travel)
INE (national level)
Instituto Nacional de Estadística (stats; occupancy, spending)
IET (national level)
Instituto de Estudios Turísticos (Spain’s tourist sector data)
Exceltur (national level)
economic impact
FEHR (national level)
federación espanola hostelería
(hospitality & tourism index)
ICTE (national level)
instituto calidad turismo española (tourism quality standards)