HOSPITALITY ‘TOURISM MULTIPLIER EFFECT {0° community. for both the private ECONOMICS EFFECT "ONOMICS OF TOURISM & "ayn srt HOW TO MAXIMIZE THE 1m of Baers Gow 2 myt Und nth DISCUSSION OUTUNE: 6 oe of fozam ard toseaty soveesedacent Sonar dosent setaram ong sosey Economics the branch of knowledge concerned with the production, consumption, and transfor of wealth. creer d ‘TOURISM &HOSPITALITY ECONOMIC IMPACT NS:TRADE! Cae iret eet Inc ets Forwgn exchange is manipulated The tuiom and hopinty Tam) superdtues Bispace nse ty ‘Srtabfor cure) 1 att wee (crecinton wes cat oe cote’ means restates aapeh” Some. oeme'sna ie mronaee cy eran socing several sects, inthe at ote (COST-BENEFIT RATIO Determine were the tourist dallar fs © Determine what percentage of wach fxpenatire’ lowes the. local eter Derive a “multiplor effect” a ratio. fappied to "Income that reflects tulle spending win an economy ‘OF TOURISM Balance Growth Unbalance Growth Suppotrs of Unbalanced foe, ture and Merart“port ot") Resp asthe spk to eeteet Pee ly treme gown and Sas fat tuner “ant ed fo expand. demand fae cms tnd ine proponents oF ts Mpper Sronerinusnes — thooy ress © the ‘ovelopmentot supply