The Interaction between Business and the Environment Date of report: 27/04/07 RE: Tourism Industry 1. Introduction This report will contain a SWOT analysis of the tourism industry as a whole, but will focus mainly on activities concerning fall in Kingdom countries and companies, as the tourism industry covers a huge, planetary area. There will be points raised that affect countries spherically as well as the UK that will be make aware of during the contents of this report. The tourism industry covers many contrary organisations that can work together and against individually other in gaining a piece of the billion pound tourism pie. Airlines, go agents, hotels, and many more businesses have a lot to mountain pass the tourism industry, for a number of reasons which will be discussed. 2. Strengths It seems in recent course of studys the tourism industry has grown chop-chop bringing a lot of forces to the sector. First of all in 2004 the world tourism revenue roseate 10% to a record 622 billion dollars according to the world tourism organisation. The joined States had the most revenue from tourism as their receipts rose 16% to $75 billion, followed by Spain with $45.2 billion and then in third France with $40.8 billion.
Tourist arrivals rose globally by 11% to US760 million, the fastest rate of growth for some twenty years. (Bloomberg News, 2005) As far as the UK is concerned it is the worlds one-sixth biggest travel and tourism economy, and it accounts for 9.4% of the countrys Gross municipal Product (GDP), as well as 2.6 million jobs. The global travel and tourism market is expected to grow 4.2% each year over the next decade and UK travel and tourism is expected to grow an equally impressive 3.1% a year over the same period (Chris Druce, Caterer and Hotelkeeper, 2006). This is without a doubt a strength to build on for the UK and global travel and tourism industry. 2.1In addition it seems to be a lot cheaper to go on holiday abroad these... If you want to get a adequate essay, order it on our website:
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