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 What is a tourist attraction?
  a place of interest where tourists visit, typically
for its inherent or a exhibited natural or cultural
value, historical significance, natural or built
beauty, offering leisure and amusement.
Economic impact

 The tourism industry   Especially in developing

generates substantial
economic benefits to
both host countries and
tourists home countries.
countries, one of the
primary motivations for a
region to promote itself
as a tourism destination
is the expected economic
improvement.
 Economic impact

Tourist attractions can:

 Contribute to government revenues; direct
contributions are generated by taxes on incomes from
tourism employment and tourism businesses, and by
direct levies on tourists such as departure taxes
 Provide employment
 Stimulate infrastructure investment
 Contribute to local economies
 Provide foreign exchange earnings
Study Case- “not from your typical
list” attractions.
 1.Switzerland
 As of 2016, tourism accounted for an estimated
2.6% (CHF 16.8 billion) of Switzerland's gross
domestic product, down from 2.6% (CHF 12.8
billion) in 2001.
 Tourists are drawn to Switzerland's diverse
landscape as well as activities. Most interesting
are the Alpine climate and landscapes, in
particular for skiing and mountaineering.
 Statistics
o The total financial volume associated with tourism, including
transportation, is estimated to CHF 35.5 billion (as of 2010)
although some of this comes from fuel tax and sales of motorway
vignettes.
o The total gross value added from tourism is 14.9 billion.
o Tourism provides a total of 144,838 full time equivalent jobs in
the entire country.
oThe total financial volume of tourist lodging is 5.19 billion CHF
and eating at the lodging provides an additional 5.19 billion.
o The total gross value added of 14.9 billion is about 2.9% of
Switzerland's 2010 nominal GDP of 550.57 billion CHF.
2. Albania
 Tourism in Albania has been a key element to the
country's economic activity and is constantly
developing.
 Notably the country features unspoiled beaches,
mountainous landscapes, traditional cuisine,
archaeological artifacts, unique traditions, low
prices and the wild atmosphere of the
countryside.
 With a total of 3.8 million visitors, Albania is the
25th most visited country in Europe. Lonely
Planet ranked Albania as the number 1
destination to be visited in 2011. The New York
Times ranked Albania 4th among 52 destinations
to be visited in 2014.
 Although still underdeveloped, Albania is set to
prime its debut on the world scene as it celebrates
a century of independence. According to the
Albanian Institute of Statistics, around 4.73
million foreign citizens has been visited Albania
in 2016.
Economic impact
Economic impact
3. Luxembourg
 Tourism in Luxembourg is an important
component of the national economy,
representing about 8.3% of GDP in 2009 and
employing some 25,000 people or 11.7% of the
working population.
 Published by the World Economic Forum in
March 2011, the Travel and Tourism
Competitiveness Report puts Luxembourg in
15th place worldwide, up from 23rd place in
2009.
 A representative
democracy and
constitutional monarchy
ruled by a Grand Duke, it
is the world's only
remaining Grand Duchy.
The country has a highly
developed economy, with
the world's highest GDP
per capita.
 The City of Luxembourg,
the capital and largest
city, is the seat of several
institutions and agencies
of the European Union
and an important
financial centre.
4.Iceland
 Tourism in Iceland has grown considerably in
economic significance in the past 15 years.
 As of 2016, the tourism industry is estimated to
contribute about 10 % to the Icelandic GDP; the
number of foreign visitors exceeded 2,000,000
for the first time in 2017; tourism is responsible
for a share of nearly 30 %of the country‘s export
revenue.
 Iceland is well known for its untouched nature
and unique atmosphere.
 Iceland receives the highest number of tourists
during summer (June–August) because some of
the destinations are less easily accessible in
winter.
Economic impact
Arrivals
5.Bosnia Herzergovina
 Tourism in Bosnia and Herzegovina is a fast-
growing sector making up an important part in
the economy of the country.
 The tourist business environment is constantly
developing with an increasingly active tourism
promotional system.
 Bosnia and Herzegovina has been
 In 2015 Bosnia and
a top performer in recent years in
terms of tourism development; Herzegovina surpassed 1
tourist arrivals have grown by an million arrivals and
average of 24% annually from continued the growth in
1995 to 2000. 2016 recording 1.148.530
 The European region's solid arrivals (+11,6%).
growth in arrivals in 2007 was
 The country is regaining its
due in significant part to
Southern and Mediterranean reputation as an excellent
Europe’s strong performance ski destination with its
(+7%). In particular, Bosnia and Olympic mountains such as
Herzegovina were among the Bjelašnica, Igman and
stronger players with a growth of
Jahorina.
20%.
 In 2017, 1,307,319 tourists
 In 2013, the World Economic
Forum reported in its Travel and visited Bosnia-Herzegovina,
Tourism Competitiveness Report an increase of 13.7%.
that Bosnia and Herzegovina was
the world's eighth friendliest
Economic impact
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