“tourism”

“WORLD TOURISM DAY”
(SEPTEMBER 27TH)

(“tourism” is) –>

‘travel’ (for ‘pleasure’ or ‘business’)

(also the ‘theory’ and ‘practice’ of ‘touring’,

the ‘business’ of ‘attracting’, ‘accommodating’, and ‘entertaining’ tourists,

the ‘business’ of ‘operating tours’)

(“tourism” may be ‘international’, or within the traveller’s country)

(the “world tourism organization” defines ‘tourism’ more generally, in terms which go “beyond the common perception of tourism as being limited to holiday activity only”, as people “traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes”)

(‘tourism’ can be ‘domestic’ or ‘international’, and ‘international tourism’ has both ‘incoming’ and ‘outgoing’ implications on a country’s ‘balance of payments’)

(today, ‘tourism’ is a major source of income for many countries, and affects the ‘economy’ of both the ‘source’ and ‘host countries’, in some cases being of vital importance)

(‘tourism’ suffered as a result of a strong ‘economic slowdown’ of the ‘late-2000s recession’, between the second half of ‘2008’ and the end of ‘2009’, and the outbreak of the ‘H1N1 influenza virus’, but slowly recovered)

(‘international tourism receipts’ (the ‘travel item’ in the ‘balance of payments’) grew to US$1.03 trillion (€740 billion) in ‘2011’, corresponding to an increase in real terms of 3.8% from ‘2010’)

(‘international tourist arrivals’ surpassed the milestone of ‘1 billion tourists’ globally for the first time in ‘2012’, ‘emerging markets’ such as ‘china’, ‘russia’, and ‘brazil’ had significantly increased their spending over the previous decade)

(the ‘ITB Berlin’ is the world’s leading ‘tourism trade fair’)

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