Hospitality industry - Assignment Example

Visitors exports generated 1, 295.9 billion dollars in 2013 which is equivalent to 5.4% of total investment. Lastly, the tourism investment was at 754.6 billion dollars as of 2014, which represent 4.4% of total investment (WTTC 2014). For more information, see appendix 2-4. Although the world is gaining from tourism, its development has a long history. The WW II proved to be a challenge to many people across the world since it made it difficult to walk and reach new destinations. There were no developed means of transport to aid movement from each point without spending much time.

As the WW II ended, it relieved many people and wanted to explore the world and have some rest following the war. This acted as a turning point for many nations. People started to travel to new places since the world had become peaceful. One of the factors or issues that contributed to the growth of tourism was the establishment of the transport system. The development of roads, railway, and airplanes facilitated movements and opened some places. Similarly, the development of cheap airlines and package tours facilitated the movements since it saved time and was very fast.

Bournemouth is one of the tourist destination in the UK. It has benefited from tourism activities in many ways ranging from the provision of employment opportunities for improvements in infrastructures. There is a circulation of foreign exchange, which helps in improving peoples lives. More so, the government earns from tourism and the locals also sales products to visitors hence earning money. Tourism has also placed Bournemouth on the international map as a travel destination hence improving its image.

The demand for tourism is on the steady growth, and this is characterized by the current developments in the area. Many things act as indicators of tourism developments in the way they change as discussed in subsequent paragraphs. Business growth is an indicator that there is demand for tourism. Increase