Tourism balance of payments and long-term strategies

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Balance of payments is one of the essential measures of the tourism situation of a country. In the tourism sector, it is better to have a positive balance of payments, meaning that more money is spent inside the country rather than abroad.

For each country, domestic tourism is really important because money stays into the country and for foreigner tourists, it’s important to set incentives to stay longer and spend more in the country.

Powerpoint presentation: BOP_baechler_chappuis_etter_straub

Authors: Baechler Magalie, Chappuis Stéphanie, Etter Alicia, Straub Joanne

Sources:

Clare Inkson, Lynn Minnaert. (2012). Tourism Management: An Introduction. London

http://www.resonanceco.com/Library/domestic-tourism-growth-strategy-2012-2020/

http://www.southafrica.net/media/en/news/entry/press-release-its-a-new-era-for-domestic-tourism-in-south-africa

Swiss Federal Council. (2013). Rapport sur la situation structurelle du tourisme suisse et sur la stratégie du Conseil fédéral pour l’avenir. Bern.

Swiss Federal Department of the Interior. (2013, June 12). Swiss Statistics. Retrieved from Swiss Statistics: http://www.bfs.admin.ch/bfs/portal/fr/index/themen/10/01/new/nip_detail.html?gnpID=2013-260

http://www.thejourneytourism.com/case-studies/strategy-and-planning/towards-domestic-tourism-strategy-south-africa

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