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What is over reliance on tourism?

Jeremy Gottlieb
Jeremy Gottlieb
2025-07-22 20:19:20
Count answers : 4
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Overreliance on tourism can lead to economic fragility, with little to fall back on during downturns. Regions that rely heavily on tourism are particularly vulnerable to economic volatility. External factors such as global economic downturns, natural disasters, political instability, and health crises can significantly impact tourism flows. The dependency on tourism also means that local economies can suffer from a lack of diversification, making them less resilient to shocks in the tourism sector. Additionally, many tourism-related jobs are seasonal, leading to periods of unemployment or underemployment during off-peak seasons. This employment instability can make it difficult for workers to achieve long-term financial security and upward mobility. While tourism can provide immediate economic benefits and job opportunities, overreliance on a single industry can lead to long-term economic fragility. Diversifying the economy by developing other sectors, such as technology, manufacturing, or agriculture, can provide a more stable and sustainable economic foundation.
Sarah Mann
Sarah Mann
2025-07-22 17:45:40
Count answers : 12
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If a country, or region within a country, becomes dependent for its economic survival on one industry and that industry fails then the social consequences can be devastating. Overdependence on one or two industries is also often accompanied by underdevelopment within other sectors of the economy such as education, health, and the manufacturing and agricultural industries. The tourism industry is extremely vulnerable to economic, social, and political changes in either the generating or host countries. Countries with a high percentage are more at risk to any decline in tourism and travel. Others are less vulnerable to the ill effects of a decline in tourism, because their economies are more diversified. Diversification in an economy is a sign of health.
Edison Volkman
Edison Volkman
2025-07-22 16:13:28
Count answers : 17
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The earth’s greatest treasures are cracking under the weight of the soaring tourism economy. Failing to uncover and account for tourism’s hidden costs, referred to as the “invisible burden”, puts ecosystems, cultural wonders, and community life at increasing risk, and places the tourism industry on a weak foundation that could crack under its own weight. The invisible burden goes a long way to explain why we are now witnessing destinations failing to cope with tourism growth, despite the economic benefits it brings. It’s not enough to call on governments and municipalities to manage tourism better, if they don’t have access to the right skills and resources to do so. Destination managers need support to develop new skills and new ways of working that will enable them to move beyond tourism marketing. New local accounting systems that capture the full range of costs stemming from the growth of tourism, in place of an incomplete set of economic impact measures, are needed to address the issue. New skills and cross sector collaboration, underpinned by data and technology, to achieve effective spatial planning, manage demand for public utilities and services, and evaluate the availability of vital, local resources, are also required. New valuation and financing mechanisms to redress debilitating under-investment in infrastructure and local asset management and enable the transition to low-carbon destination economies, are necessary as well.