An economic factor is the multiplier effect. Multipliers attempt to measure the impact of tourist expenditure as it re-circulates within a local economy. Tourist spending is initially introduced as direct payment for goods and services, these transactions form flows of money and extend linkages of tourism well beyond the core of tourism business.
Economic effects will vary from place to place, depending upon levels of local economic development. Unfortunately, the instabilities of tourism that make it vulnerable to a range of influences, e.g. exchange rate, price of oil, political crises or change in fashion, means the industry is not always able to provide a firm basis for economic development.
There are a huge number of major tourist destinations throughout the world; a lot of these are extremely popular for holidays and for business travel.
I have briefly marked out the major destinations on a map, these include:
* Europe (Green)
* UK …show more content…
There are some very poor parts of Jamaica too and they depend on tourists as their main source of income, by selling their hand made crafts.
The Caribbean now attracts a global clientele. Current estimates are that over 25 million people visit each year, with over 5 million of those from Europe. So important is this business to the Basin that for some island nations tourism is the primary economic driving force. The nations of the Caribbean have responded dynamically with a diversity of tourist opportunities. In recent years another form of luxury vacation has had a major impact on the region, virtually every port in the Caribbean is now on the routes of large cruise ships carrying thousands of passengers. This is a very popular form of transport with tourists as they can stop off at different destinations in the Caribbean at one time.
Another reason for tourists visiting the Caribbean is for its Physical features, such as its coral reefs and marine life, scuba diving is a very popular activity for tourists. But tourists can have a big impact on the Caribbean's environment. Places such as rainforests are very sensitive to degradation; large numbers of tourists can