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What is Tourism about?

Lesson 3 covers the economics of tourism and hospitality, emphasizing their role in economic development and the various effects of tourist expenditures. It explains direct and secondary effects, the tourism multiplier, cost-benefit ratios, and undesirable economic aspects of tourism. Strategies for maximizing the economic impact of tourism and hospitality are also discussed, including growth theories and economic incentives.

Author

Shirley de la Rosa

Language

EN