Cities can capitalize on rising gasoline prices by promoting local sports events and tourism as cost-effective alternatives to long-distance travel. By enhancing public transportation options and offering packages that include local accommodations and event tickets, cities can encourage visitors to explore nearby attractions without the burden of high fuel costs. Additionally, hosting events that emphasize local culture and community can draw in residents and nearby visitors, boosting overall attendance and spending. Marketing campaigns highlighting the benefits of “staycations” and local experiences can further drive tourism revenue.
Advantages of tourism would be the revenue created for the city. Disadvantages would be the over use of the resources and disrespect from people not from there.
Tourism is the largest revenue in Hawaii!!!
The estimated revenue generated from sex tourism in Thailand is around 6.4 billion annually.
Tourism and sugar.
Inbound, outbound and domestic tourism interrelate in that they contribute to the trade deficit or surplus. A large amount of inbound and domestic tourism increases revenue, while outbound tourism decreases revenue.
The most important advantage of tourism is the income derived by the people and communities that attract or solicit tourists. That income (revenue) is shared by the travel industry as well as the tourist destination and the community that provides goods and services to the tourists or the destination (facilities and attractions). Tourism is also advantageous to the tourists themselves by learning about people and places outside of their own experience, broadening their knowledge of the world.
Increased tax revenue, and increased revenue of firms
Tourism generates the highest revenue in Panama.
tourist pay taxes
I believe most of its revenue is through tourism.
domestic tourism increase by people come to country from other place.
the largest sources of revenue in egypt is the taxes then suez canal and after them comes tourism