Student Resource 5,4 | Re®sina: Beonomisimpact OF Tourn \ ee ——__| Student Resource 5.2 | Worksheet: Econo — 1 plan ty enti ipa a ae It Aittenent ated ye the word 2 Display understanding Vf the Yupes oF InTOrMALIN Wed ye Yowigen IMpact of ine coho 5 Identity and summarize news em That demonstrate TWuricing oi ; National we inignational 40 \ enyght ©2007-2011 National Academy Foundation. lights reserved ahwet — \Agmlent Dando Reading: Economic Impact of Tourism When we take a trip, we think about how it will benef sma chance to see a new place, to relax, oF to ‘rave fun. We right nat think about Now our tip wi benef the people and places we are visiting, Du the esQnoic Impact of tourisT is very important ‘Tourtam plays a role in the economy ina number of ways: + Tourists spend money in the community ‘+ Nospitalty and tourism businesses employ lots of people from the community, + Tourists and tourist-related businesses pay taxes, providing money for the government. Tourtsin is a part of many cities’ economy, and for some cities, regions, or states, tourism may be one of ‘the largest pats of thelr economy. Its important for people to be able to identity how big a role tourism plays ina local economy. Consider the following scenarios ‘+ The US government passes a law about the type of documentation people need to cross the bower between the United States and Canada, requiring additional documentation. Ths wil affect border communities that usually have a large number of Canadian vistors. If those border ‘communities want to complain fo the government, they need to be able to show evidence that the rnew law is hurting their business—s0 they need to be able to show how many visitors they previously had and how many thay have now ‘+ Algcal city councit wants to change its tax code to bring in more money, of revenue. One option is to increase the tax rate on hotel rooms. The council wili need to know how many hotel rooms are in the city and how much money they can expect to gain from this new tax. Then they will be able to decide if the new taxis a good idea, ‘A major hurticane devastates a Caribbean island whose economy is dependent on tourism. Other ‘countries want to help, but they don't know how much help the island needs. The island's government has to provide specific information about how much money they are losing because of the decrease in tounsm. If they can provide documented information, they are more likely to get other countries to lend them money or give them supplies to make up for what they're losing ‘A company wants to build a new resort on the outskirts of a small town, but the townspeople ‘oppose the idea. If the company can provide evidence of how many jobs this resort will bring in, they will more likely fo be able to convince the townspeople that itis a good idea to build the resort there. All ofthese scenarios require a report called an economic impact analysis, There are many different types of analysis reports, but they each answer one or more of these questions: + How much do tourists spend in the area? + Whats their average length of stay? How many people are in their group? ‘+ What portion of sales by local businesses is due to tourisin? ‘+ How much income does tourism generate for households and businesses in the area? + How many jabs inthe area does tourism support?” + How much tax revenue is generated from tourism? So the next ime you are listening to a news report about our economy or a hospitality business that is ‘expanding in your city, remember what yau feared from this article. You now know that many individuals have collected data and written reports to show just how valuable the hospitality industry is to our economy! ‘Copynght © 2007-2011 National Academy Foundation At rights reserved. y[. Require moto doanrngntc 10 dat Wnariali (son ag L. inclease OM tax payment fr cer ain areas 2 If 9 hurr iganey desitoyed One 0! Our islands indi mould eftect us alot pecaUse tourist elpars OCS got run down Wwe WOWden ale tog A it vould (an down Our boddned ang make it really UglyAOHT Pr rinciples of Hospitality and Tourism LesSOmS Etonomic impact of Tourism ‘Teacher Resource §.3 Assessment Criteria: Economic Impact Scavenger Hunt cum pad [4 pete: \)| Partially Didn't Met Mest \ ‘The assignment includes summaries of at least 10 articles a a 96/ on tourism’s economic impact a the focal, national and ba? international levels. The summaries reflect wide range of topics and perspectives on tourism and the economy. The summaries are clear and demonstrate understanding of the impact of tourism on the economy. a oR AE o ao The assignment is neat and uses correct spelling and grammar. Additional Comments Copyright © 2007-2011 National Academy Foundation. Al rights reservedStudent Resource §.2 Worksheet: Economic Impact Scavenger Hunt cow Ae} Dod A ile WayOr destibos a y te ait Mar AN gig 18) aut st jail mo wan " ition dollars 10 pe ie on portdig ae i ot a for nameless \ aL | nie ate a rae pW | Ww unr fi Cis | N vt ant arm a Tne Wort W NUE hummel, Ais” Gun MONE Dae, oUISt an AD iano wine ‘otc IF Wil 9g) Mice | me Wid sida 10 Hic c\eep Oy (nelgn vor AM CAN make tours eR ger | iva “in curguy® __\hot eat TW gh iO ne AA an he if kU claggT WORTOTOT Te idea ew pe naan ‘nau LAWL OF SOW" Thic eC RONG eC R thy Beane CAT tens ne sal ued i may pe scared 4p come — movten \ au in f jean an Md anus sugidont ‘wcnicago teen Nana a at on WOON ef mn vat 0 { nat aren Yoon ia I (WU ASG IY nel Bren aang geetirra i | fino linteMant “acand canyn | following assessment criteria: ‘+The assignment includes summaries of atleast 10 articles on ‘ocel. national, and international ievels, +The summaries reflect a wise range of topies and parsper +The summaries are clear and demonstrate understanding ‘economy. ‘+The assignment is neat and uses correct speling and grammar er Academy Founs ca ian I ain WOT H ‘that time brea! inf ‘imamnaiiond Cait 1a Raa de | Figating {i _ Before handing in your assignment, check to mek‘Setereaaeem gto Key Vocabulary: Economic Impact of Tourism : it we no ent orotoann 9 Nt 0 [annua eae Yeary comings, winger | | [ana [we nnn a a it Aan . j [euro The form of money used most European countries, inching Maha. a ae nocoenc road | ened ee cla gms os sens ween 1d, repaeon re ttt urbe af esl who wen an wea mi etcoe | Co Hon | a eo tory an Nae f | at Sy mae i Cony © 2007-201 Mates! 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