Archive | Tourism Economics

Green-based Tourism Can Attract ‘Premium Paying’ Tourists

In the first half of 2013, 2.38 million foreign tourists visited the Philippines. But the German Embassy officials said the country can still attract more, particularly high-value tourists, if it would adopt sustainable forms of tourism. During his recent visit to the Philippines, Michael Hasper, deputy head of commission of the German Embassy, said Europeans, […]

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UNWTO shows full support to the Vanilla Islands

UNWTO has expressed its full support to the newly created Vanilla Islands Tourism Organization as a means to reinforce tourism competitiveness in the islands of the Indian Ocean (Reunion Island, France, 10 September 2013). The concept of ‘Vanilla Islands’, defined at the beginning of August 2010 under the aegis of the Indian Ocean Commission, aims […]

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International tourism receipts grew by 4% in 2012

  Receipts from international tourism in destinations around the world grew by 4% in 2012 reaching US$ 1075 billion. This growth is equal to the 4% increase in international tourist arrivals which reached 1035 million in 2012. An additional US$ 219 billion was recorded in receipts from international passenger transport, bringing total exports generated by […]

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12 ways energy savings can improve profitability

As the economy and the foodservice industry appear to be gaining steam, are you prepared to reap the full benefit? While operators are conditioned to keep a tight rein on food and labor costs, when it comes to overhead, many throw up their hands in frustration and resignation. You may not be able to change […]

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The Market for Responsible Tourism Products: with special focus on Latin America and Nepal

The purpose of this study is to provide market data and strategies to assist tourism businesses and networks in Nepal and six Latin American countries (Nicaragua, Honduras, Guatemala, Bolivia, Ecuador, and Peru) where SNV is involved in initiatives aimed at strengthening responsible tourism. Broadly stated, this report examines the consumer and industry demand and major […]

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