The role of tourism and hospitality in economic growth and development

Topic: The role of tourism and hospitality in economic growth and development Assessment Type: Essay Word Limit: 1,100 words excluding reference number of References ­ 6 (1,100 words) The Republic of the Philippines is a country located in South East Asia and is made up of about 7,600 islands. It. is classified by the World Bank as a lower middle­income economy and is one of Asia�s fastest growing economies. However, the Philippines government are looking to increase the contribution to economic growth of sectors other than the agricultural sector Economic experts have reminded the Philippines government that the tourism and hospitality industry can positively contribute to economic growth and development. Required Prepare a paper for the government of the Philippines explaining a minimum of three (3) ways that the tourism and hospitality industry can contribute to positive economic growth and development. Your explanation should include: a) The component(s) of GDP that are impacted b) Direct, indirect and induced contributions to economic growth and development c) Reference to examples from other economies (local, national or global) to support your suggestions. These examples may be broadly related to the industry or be chosen from a particular area of interest in foods, hospitality, tourism and events . Resource https://www2.unwto.org/ ­ world tourism organisation https://www.wttc.org/ ­ world travel and tourism council https://www.worldbank.org/ ­ world bank Other information Word count + ­ 20% of set limit (1,200 words) Originality score equal to or less than 20% and no plagiarism issues detected. Originality match/s equal to or below 6% to any one source and no plagiarism issues detected. INTRODUCTION­ Outline logical structure of body of essay ,A well­developed and engaging introduction that presents the outline for the structure of the paper in a concise and sophisticated manner. BODY­ Positive contribution of tourism to economic growth A concise and insightful explanation of a minimum of three ways that the tourism and hospitality industry can contribute to economic growth.

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