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Positive economic impact (Employment opportunities)
When: 2019
What: Tourism accounted for 330 million formal jobs worldwide → Represent 10% of global workforce
When: 2015-2019
What: 25% of all new jobs were created by the tourism industry
Positive economic impact (Income generation)
Where: Maldives
When: 1980s
What:
One of the world’s poorest countries
Economy has grown due to the tourism opportunities offered by its natural landscape → Low poverty rates
Negative economic impact (Economic leakages)
Who: United Nations Environment programme
What:
Every US$100 spent on tourist on a holiday to a developing countries → Only US$5 remains in the local host community
Negative economic impact (Over dependence on tourism → Natural Disasters)
Where: Caribbean Island
When: 2017
What:
Parts of the Caribbean Islands were struck by a succession of powerful hurricanes
95% of buildings were destroyed → 1 million fewer tourists arrivals and an estimated loss of revenue of over US$700 million
Negative economic impact (Over dependence on tourism → Unfavourable Political Situation)
Where: Thailand
When: 2020
What:
Protests in Thailand against military rule
Several countries issued travel advisories to its citizens to dissuade them from visiting Thailand → Reduce tourists arrivals
Negative economic impact (Over dependence on tourism → Economic downturn)
Where: Maldives
When: 2009
What:
Highly dependent on tourism
Suffered a drop of 4% in tourism arrivals → Economic crisis
Negative economic impact (Over dependence on tourism → Outbreak of disease)
Where: Maldives
When: 2019 to 2020
What:
Tourism arrivals was only 1/3 of arrivals
Covid-19 Pandemic infected over 205 million people → 4 million deaths
Many countries responded by going into lockdown → International travel shut down