The Philippine Tourism Industry Analysis - 5195 Words

THE PHILIPPINE TOURISM INDUSTRY ANALYSIS I. SCANNING OF THE EXTERNAL ENVIRONMENT A. OPERATING ENVIRONMENT 1. ECONOMIC INDICATORS Income, employment, balance of payments and investments are all the positive impacts of the tourism industry. The industry generates income through salary, wages, loan and interest. The amount spent by tourists though their currency in the accommodation, food and beverage and other tourism services and products,once they visited in our country, becomes our tourist receipts. Tourism brings new money into the economy. Tourist money is returned to the local economy as it is spent over and over again. As shown in the multiplier effect, the salary that an employee receives from the business can be used for†¦show more content†¦This would then lead to the improvement of health conditions and allows the area to control disease. However, congestion results from saturation making an area crowded and supply of resources limited for locals. A change in social structure and behavior also result due to the emergence of new jobs. Women or wives can work with high paying jobs compared with their husbands. Opportunity to travel for work results from separation of family. Tourism can positively affect culture in terms of preserving and restoring our cultural heritage as being showcased in trade, museums, galleries and festivals. It helps the country revive traditional facts and artifacts. Because of tourism sectors and their activities such as promotions and marketing, planning and development etc., we are able to cultivate our cultural pride and identity.The desire to experience other culture and interact with other nationalities through learning foreign languages, we come to have cross cultural exchange. 3. TECHNOLOGY TRENDS Technological advancements are indispensible in the tourism industry as the service providers have to continuously update themselves with innovations to supply the changing needs and wants of the travellers. The airline sector has the Global Distribution System (GDS) that provide alliances with airlines having central airline operations through Amadeus, Galileo and Abacus. The e-ticket and e-receipt provide convenience of passengers in efficiency ofShow MoreRelatedAeta Tribes1067 Words   |  5 Pagesparallel with what they were before and what they are now. Tourism promotes international camaraderie. It promotes experience and proper understanding of the culture and the lifestyle of foreign countries. Unfortunately, these activities expose the indigenous culture of one’s country to foreign influences which lead to cultural degradation. 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