However, we have added few more sectors to cover as much of the tourism industry as possible. Tourism as an industry is very different from other industries in the world or in India as a developing market or the US, UK or Europe as the developed market.
This is especially true and visible when it comes to the value chain or supply chain. Unlike all the other industries, tourism as the industry has very open, elastic and flexible value chain.
This all depends upon the tourism. The industry is basically to cover all of the tourism. So, this industry is and can be as large, as deep and as widespread as the Tourism itself will be. As we understood that the industry of tourism comprises of all the products and services which tourists consume.
The value chain is therefore the combination and entire chain of companies for the supply of all these products and services. Apart from the general tourism industry value chain, there can be and are many other supply chains which for this industry.
These value chains will be different from the general value chain of tourism industry, in small or big way. All this will depend upon the type of tourism we are considering.
Again, the concept of tourism types applies here. The value chain is all that the industry of tourism supplies. For different tourism types there will be different products and services consumed. As per the tourism in consideration, the nature, quantum and value of tourism services provided by the industry differs. Therefore there will be different supply chains for different types of tourism. So, depending upon the different tourism types and the objectives the value chain and the sectors changes.
For example the sectors and value chain of MICE travel and tourism, which is one significant part of business tourism and hence one important part and type of tourism, will be different from any leisure type of tourism.
All this broadly creates the entire market landscape or target market of tourism industry with the entire set of target audience. And the classifications of tourism creates the different market segments and customer segments. All this is also the broad tourism value chain. This value chain operates and serves in different proportion according to these market segments of tourism.
The tourism, as we explained earlier, operates through its different sectors. These sectors are what make up this industry and are also its value chain. One can also understand the tourism industry through these sub industries and components. Natural tourist attractions: Natural attractions are the very base and the driving factor for tourism industry. The scenic beauty of a place; the sunrise or sunset in a particular city; beaches like the famous beaches of Hawaii, Philippines or Goa; rivers like the Nile, the Ganges, Amazon river; mountains like the Himalayas.
All these are natural attractions for which millions and millions of tourists and people travel across the world. Man-made tourist attractions: Then there man-made tourist attractions which also attract scores of tourists. The firsts in this list would be the 7 wonders of the world. Beyond these also there could be many types of attractions like museums, gardens, zoos, water parks, amusement parks, casinos, etc.
We would also include various entertainment events or activities like theatres, concerts, shows, launches, etc. Looking for research materials? Search our database for more Tourism Sector downloadable research papers. Full text search our database of , titles for Tourism Sector to find related research papers.
Handbook of Research on Leveraging Risk and The proper understanding and managing of project r In Stock. Analyzing the Economics of Financial Market The prosperity and stability of any economic struc Utilizing Evidence-Based Lessons Learned for A Systemic Perspective to Managing Complexit Organizational complexity is an unavoidable aspect Global Perspectives on Achieving Success in This article presents recent statistics on the tourism industries in the European Union EU While tourism statistics focus on either the accommodation sector or the demand side from households , and relate mainly to physical flows arrivals or nights spent at tourist accommodation or trips made by residents of a country , this analysis is based on economic data extracted from other areas of official statistics, in particular structural business statistics SBS and short-term business statistics STS.
Thus a more complete economic analysis of the tourism sector or tourism ecosystem can be drawn, which is an important motor for many countries' economies and labour markets. This article focuses on a subset of these that has relevance for the EU the other activities proved to be of limited relevance for European tourism or have limited coverage in SBS.
The reader is strongly encouraged to consult the "Data sources" section before using the presented data, in order to avoid overestimating or underestimating the economic importance of tourism for some industries. The discussion below refers to four selected indicators: number of enterprises , number of persons employed , turnover and value added at factor cost — firstly at EU level, secondly at country level.
In , more than one in ten enterprises in the EU non-financial business economy belonged to the tourism industries see Table 1, Table 2. These 2. The tourism industries' shares of total turnover and value added at factor cost were relatively lower, with the tourism industries accounting for 3.
These figures very likely reflect - among other explanations - the higher share of micro, small and medium-sized enterprises and the level of part-time employment in many tourism industries. As explained in the "Data sources" section, tourism industries do not provide services only to tourists. Their employment, turnover, etc. For instance, 3. Figure 1 presents the growth of the sectors from to Tourism industries mainly and partially showed a stronger growth than the total economy for all indicators concerned.
Looking at the available Member States' data, in terms of employment see Table 4 , Germany not including passenger rail transport interurban was on top with 2. The availability of country data on turnover and value added is also fragmented see Table 5, Table 6. Turnover amounted to EUR billion for Germany not including passenger rail transport interurban , followed by France billion , Italy billion and Spain billion, not including taxi operation. The above analysis was based on structural business statistics SBS.
While SBS is a rich and comprehensive source of information on European businesses, these statistics are only provided annually. Compared to other sectors of the economy, the tourism sector has a relatively strong seasonal component, hence the need to look at infra-annual data to complete the analysis.
Short-term business statistics provide monthly and quarterly indices for a subset of tourism industries. For the analysis in this article, an aggregate was created including NACE divisions H51 Air travel , I55 Accommodation and N79 Travel agency, tour operator and other reservation service and related activities.
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