Discuss the importance of business cites for tourism. Give suitable examples.
Answers
Explanation:
Firstly Economic Impact of Business Tourism
There is a strong and correlative relation between the national economy of the countries and business tourism. Because this sector usually would promote national industry, enhance communication channels and upgrade quality of manpower in different economic sectors, such as agriculture sector, petroleum sector, communication sector, tourism sector, education and training sector, health sector, vocational associations, etc.
Business tourism is able to gain many economic fruits for the interest of the national economy. It is considered a key driver for temporary and permanent jobs. Many governments in the world list business tourism outputs within gross domestic products as well as while analyzing the cost output of public investment in the sector. The sector generates a large number of permanent and temporary jobs in the field of events' supply chain, organization and management in addition to accompanied services.
Many countries rely on business tourism for the provision of employments to their citizens. For example, the population of Melbourne city in Australia, is around 4 million people, over 22,000 of them are employed in the business tourism sector.
The business tourism sector has many other economic benefits which could be outlined as follows:
Direct economic impacts
Residence, transport and tourism services' expenses paid by the international visitors of exhibitions and conferences.
Growth of investments in business tourism, which includes establishing city centers, facilities of conferences and exhibitions, conference and exhibitions centers organizing companies, events organizing companies, suppliers of events, destinations management companies,, etc.
Growth of investments in business tourism, which includes establishing city centers, facilities of conferences and exhibitions, conference and exhibitions centers