Analayse And Discuss The Major Economics Social And Demographics Impacts Affect The Demand Of Domestic Tourism

IntroductionModernization and pursuit of convenience , luxury , comfort and ease is want after in this present world of 6 cardinal people . Privacy on a holiday factor a lot of free time for tourists to enjoy on an island whether it is in Caribbean or in Hawaii . According to UNEP touristry industry gene judge economic benefits to both host and home countries Promoting several(prenominal) countries as tourist destinations is an ideal program for developing parsimony . Australia is recognized as one of the best destination for tourists about the world . domestic tourism of Australia earned a tax income of 6 .1 billion only from Sydney tourism expenditure in the year 2003 . 2004 /05 tourism contributed 33 billion in gross domestic product to the Australian economy . The new Tourism Research Australia overcompensate indicates that regional Australia which excludes eight capital cities and the Gold Coast , were accounted for 28 billion from domestic tourism in the year 2003 . Domestic tourism in Australia accounted for 76 per penny whereas 63 per penny was contributed by household sector of consumers in the year 2004 /05 . This intelligibly indicates that domestic tourism is very important for Australian economyIn the late(a) times , Australia domestic tourism declined as there is a change in consumer behavior pattern . Factors that are affecting domestic tourism are such that Australians are travelling less and very small portion of household income is allocated to tourism . Both domestic travel and domestic visitor is in decline by 8 percent for the year 2006 . several(prenominal) of the other factors are airline bombings , attacks and threats in airports are badly affecting tourism business in Australia . Domestic tourism is important for rural and regional activities of Australia2 .0 Economics factorsEconomic factors are those which suffice Australia to draw foreign sources of direct investments , tourism industry [ecotourism , domestic tourism long-haul inbound , short-haul outbound] , indigenous tourism and food and wine industry .

Economic factors help the country to energize and beef up the sources of investments to keep the country s economy in an up twist . Whereas Australia per se is a beautiful country with bountiful innate(p) resources and is holiday and touring spot for Asians Americans and Europeans . There is also rapid nurture in real estate properties in cities such as Brisbane and Perth offering excellent returns on investment . There are several foreign companies operating in Australia as a hub for inviting investments . Among all the developed nations , Australia emerged as a suffering comprise base country while indicating strong and consistent gross domestic product growth , which is higher than UK , Germany and France apart from maintaining stable interest rates , currency exchange rates , rising employment levels and low rate of inflationUnemployment rate in Australia is only 5 per cent and the country receives thousands of applications for migration and also for seeking jobs . The standards of living and life behavior in Australia is very high and many individuals seek admission into the country to lead a luxury life in AustraliaThe above stated facts support tourism industry such that beginning from aviation , till food and...If you want to attain a full essay, order it on our website: Ordercustompaper.com

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